Fried Frank makes two London partner hires

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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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Linklaters’ Sweden names new office leader

Linklaters’ Swedish office is shaking-up its management by ushering in a new managing partner. Jorgen Durban is replacing Rolf Johansson who is returning to full-time fee-earning. Durban is the current head of banking and finance at Linklaters Sweden and has been a member of the Swedish management committee for the past seven years. He was […]

‘Farce’ as Linklaters’ Galileo satellite job goes to Lovells

Linklaters.jpg” alt=”‘Farce’ as Linklaters’ Galileo satellite job goes to Lovells” />Linklaters and Deloitte Touche Tohmatsu missed out on key roles on the mammoth Galileo satellite project following a “farcical” EU-run procurement process, which saw the pair left high and dry at the eleventh hour. It is understood that Linklaters was involved in negotiations with the […]

Customs to reform disclosure rules after swathe of blunders

Customs & Excise has instituted a wave of internal reform in a bid to avert any further damage to future prosecution cases. In a series of pending prosecutions by Customs, defendant lawyers are preparing to charge the organisation with abuse of process for alleged failures to disclose who its informants are. Customs endured the collapse […]

Zurich cost-cutting sees global review of advisers

Insurer Zurich has launched a global review of its external legal services in a move to rationalise its legal spend and will form its first official panel of preferred advisers as part of the process. The review, which relates to the company’s corporate legal advisers and not its claims panel, which was reviewed in 2003, […]

The email of the species

Getting past the 1940s-style receptionists, episode six: “I’m not authorised to give out email addresses,” announced the glum receptionist at Broxbourne District Council when asked for contact details for its head of legal as part of a research project at Lawyer Towers. “May I at least take his name?” replied the exasperated hack. “Well, yes. […]

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