Cleary and Wachtell help to create banking giant

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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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DLA Piper blasts competition in lateral hiring stakes

DLA Piper Rudnick Gray Cary, Halliwells, Linklaters and Taylor Wessing have emerged as the biggest lateral hirers of any UK firms, according to The Lawyer Career Report 2006, out today. DLA Piper has hired 123 lawyers into partnership in three years – more than the next three firms put together. Taylor Wessing has made 40 […]

CC litigation partner elected president of LSLA

Clifford Chance litigation partner Simon Davis has been elected as the new president of the London Solicitors Litigation Association (LSLA), taking over from Lovells’ Graham Huntley. Davis has been elected for a two year term, following his selection as the LSLA vice-president a year ago. As well as being a member of the LSLA committee, […]

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A&O team helps earn death row reprieve for Jamaican prisoner

Allen & Overy (A&O) has scored a rare success before the Privy Council on behalf of a Jamaican death row prisoner. The firm’s head of death row work, associate Rainer Evers, and trainees Camilla Mackenzie and Laura Baird acted pro bono for Shabadine Peart, who was sentenced to death in 2000 for murder. Furnival Chambers’ […]

Expansion boosts Rödl turnover figures

Germany’s Rödl & Partner has reported record growth on the back of national and international expansion. Firmwide annual turnover grew 8 per cent in 2005 to E163.5m (£112.7m). Excluding Germany, fee income jumped 16.5 per cent to E55.1m (£38m), while the German offices recorded a revenue increase of 4.1 per cent to E108.4m (£74.7m). Founder […]

Lovells dispute head turns focus to banks

Lovells dispute resolution head Patrick Sherrington has launched two new litigation teams in an effort to focus the department’s offering to the banking community. The reshuffle sees litigation partner Graham Huntley take control of a team focused on investment banking work, while Jon Holland is in charge of corporate and commercial banking clients. Sherrington told […]

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