Cravath and Herbies score lead roles on AOL UK sale

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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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Big Nigel gives Brazil a taste of Boardmania

Friday afternoon and Tulkinghorn is itching to get out and amongst the World Cup fever! There’s nothing like a World Cup to keep the bars full for weeks on end and put a smile on everyone’s face. Well, at least until England meets Germany in the second round anyway. In frank recognition of where most […]

Vinson forks out $30m in Enron escape plan

Vinson & Elkins has settled to the tune of $30m (£16.09m) with Enron’s bankruptcy estate in a deal that staves off the threat of civil litigation from the company. The Texas-based firm has also written off around $4m (£2.15m) in fees that it was owed by Enron, while the US media reported the settlement payment […]

Senior Withers partner quits to head new Barclays team

Withers has lost private client partner Jeremy Arnold to Barclays. Arnold is joining the bank in September to head its newly created wealth management division. He will also join Barclays’ management committee. Arnold is a trust and estate specialist familiar with advising high net worth individuals and families both in the UK and internationally. At […]

Addleshaws puts BPP on a pedestal

In a rebuff to providers boasting firm-exclusive LPCs and technology-based learning, Addleshaw Goddard is to insist that all its trainees study the LPC exclusively at BPP Law School. From September 2007, the firm will send its annual intake of 35-45 trainees to BPP’s centres in Leeds, London and Manchester, which continue to offer mixed-firm tutorials […]

Proskauer mulls Dublin but seriously considers London

US firm Proskauer Rose’s hunt for a European base appeared to move a step closer with visits last month to the UK and Ireland by two of the firm’s senior partners. The sighting in particular of managing partner Allen Fagin in Dublin sparked talk among local lawyers that the firm was considering launching an office […]

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