Davis Polk loses NY star to Freshfields London office

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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 […]

Recommended

Freshfields and Herbert Smith win Hong Kong roles on ICBC flotation

Freshfields Bruckhaus Deringer and Herbert Smith have scooped the Hong Kong roles on the estimated $12bn (£6.51bn) Industrial & Commercial Bank of China’s (ICBC) flotation. The ICBC is expected to list on the Hong Kong Stock Exchange later this year, although no date has been set. The listing had been tipped for September, but is […]

Herbies plans diversity survey

Herbert Smith is set to conduct a major employee opinion survey on diversity and inclusivity at the firm. The firm completed a similar survey with input from an external occupational psyhologist practice, Pearn Kandola, in 2004. In that survey, the most frequently raised issue was flexible working. Herbert Smith is poised to roll out revised […]

White & Case factions square off

The battle lines have been drawn within the London office of White & Case over the latest potential shake-up of the office’s management. The local partnership is understood to have divided into two camps – members of the newly combined banking and capital markets practice group, who are largely supportive of a radical shake-up, and […]

DLA Piper bucks private equity trend with Munich expansion

DLA Piper Rudnick Gray Cary is actively looking for a Munich office to add to its rapidly expanding German operation. In a departure from its rivals, DLA Piper is not trying to break into the German private equity market but instead will target IP/IT work. German managing partner Ulrich Jüngst told The Lawyer: “We don’t […]

When bigger isn’t always better

It seems that Blake Lapthorn Linnell’s merger with Hampshire-based White & Bowker – the firm’s third merger in less than five years – proved not to everyone’s taste. Though poised to create a 300-partner, £40m regional heavyweight, the move saw disaffected lawyers from the smaller White & Bowker splitting for rival outfits – including the […]

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