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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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A&O boosts Bangkok with Norton Rose partner

Allen & Overy (A&O) has taken a Norton Rose partner for its Thailand office, making him counsel. Suparerk Auychai has banking and equity capital markets expertise and will join A&O’s 26-lawyer Bangkok office. Auychai was a partner at Norton Rose for two years, having been made up in 2005. Norton Rose is now left with […]

Fried Frank raids A&O for German ECM launch

Fried Frank is set to launch an equity capital markets (ECM) practice in Germany with the hire of a partner from Allen & Overy’s Frankfurt office. Michael Schlitt, A&O’s head of equity capital markets in Germany, has resigned to join Fried Frank’s fledgling corporate business, according to German magazine Juve. The move comes just weeks […]

Freshfields on the back foot as ex-partner paints bleak picture of pension reforms

Freshfields Bruckhaus Deringer is fighting to maintain that its controversial pension reforms and its £55m firmwide restructuring undertaken in the past two years are two distinct policies. There have been multiple references to the so-called ‘Size and Shape’ restructuring throughout the ongoing hearing of age discrimination claims brought by former Freshfields insolvency partner Peter Bloxham […]

Thierry Henry turns to Mishcon for divorce

Mishcon de Reya has been appointed to handle the divorce of former Arsenal star Thierry Henry in what could be the biggest divorce payout by a footballer, with Henry’s fortune estimated at £25m. Mishcon partner and head of the family group Sandra Davis will be working on the case with assistant Ruth Abrams. Davis has […]

People

•Manchester-based firm Geoffrey Miller has hired Julie Robertson as an assistant. Robertson was previously a legal adviser for the Vale Royal Magistrates Court in Northwich. •Arnold & Porter has promoted Daphne O’Connor to head its Denver office. O’Connor replaces Brian Leitch, who is leaving the firm to join merchant bank and private equity company Perseus. […]

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