Freshfields continues Asian transfers to boost HK

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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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China revolution

Bircham Dyson Bell has become the most recent convert to the Save the Planet campaign. In a revolutionary move, the firm has gone all environmental and ditched its non-biodegradable plastic cups for its drinking water. And it has replaced them with… china mugs. It’s the little things that count.

A&O launches in Düsseldorf with former Freshfields boss

Allen & Overy (A&O) has continued its aggressive expansion plans by opening a Düsseldorf office with a former German managing partner from Freshfields Bruckhaus Deringer. This is the third office A&O has opened in six weeks, following launches in Saudi Arabia and Abu Dhabi. A&O’s Düsseldorf offering will be spearheaded by corporate partner Thomas Austmann, […]

White & Case hires boost capital markets team

White & Case has made a triple hire for its London banking and capital markets group, raiding Allen & Overy (A&O), Cadwalader Wickersham & Taft and the European Bank for Reconstruction and Development (EBRD). Clare Calver, until now an associate at A&O, joins the firm’s partnership while former EBRD counsel Massimo Galli and former Cadwalader […]

Orrick raids Katten Muchin to boost real estate practice

Orrick Herrington & Sutcliffe has strengthened its New York office with a double partner hire from Katten Muchin Rosenman. The firm has brought in real estate partners Marc Shapiro and Jill Block, following on from the capture of former Weil Gotshal & Manges partner Alan Pomerantz in May from real estate investment company ERE Advisors. […]

Correction

On 14 May , The Lawyer reported that claimants’ solicitors had received around £800m from the Government for miners’ compensation scheme work. That figure referred to costs for the 30 firms that had reaped the most from the scheme. The total figure now exceeds £1bn. The article also stated that 200,000 claims are waiting to […]

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