Celador hires new head of legal

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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MoFo steps up Japan drive with senior Milbank hire

Morrison & Foerster is blazing ahead with the expansion of its Tokyo office after scooping a senior finance partner from Milbank Tweed Hadley & McCloy. Tsugumichi Watanabe has worked in both New York and Tokyo and has over 20 years on acting on complex financing transactions. Morrison & Foerster is also taking on an extra […]

Trowers goes South for private client head

Trowers & Hamlins has targeted South East firm Kidd Rapinet’s private client department to acquire the head of the practice. David Semmens joins Trowers as a partner in the firm’s developing private client department, under the direction of head of the group Luke Valner. His appointment brings the private client team to 11 lawyers. Although […]

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Customs attacked on all fronts for non-disclosure in hearings

Customs & Excise is being sued by one of its former senior lawyers for the way he was allegedly treated during the London City Bond (LCB) cases. DLA partner Richard Smyth, lawyer for the ex-Customs solicitor Gordon Smith, confirmed that his client was pursuing his previous employer for alleged stress-related injuries during the LCB litigation. […]

DLA’s merger prospect in talks with fellow US firm

Piper Rudnick is moving to bolster its presence on the US West Coast as it moves towards finalising merger talks with Gray Cary Ware & Freidenrich. Gray Cary, best known for its Californian IT and media practices, represents an attractive proposition for Piper Rudnick, whose West Coast operations are currently limited to bases in Los […]

Fleury’s dreams fall apart

Seven partners have left: can the Dutch star pull CC’s practice back from the brink? By Steve Hoare When Clifford Chance’s communications, media and telecommunications (CMT) group head Joachim Fleury transferred to London from Amsterdam in 2001, there was much fanfare about a global assault on the technology market. Fleury was one of the firm’s […]

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