Fried Frank raids A&O for German ECM launch

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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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Law Society to pay £100,000 to miners

The Law Society will pay out up to £100,000 to sick miners after their law firms provided inadequate professional services in relation to the British Coal compensation scheme. The society has taken the extraordinary step after one or two solicitors firms deferred paying the miners until after their hearings before the Solicitors’ Disciplinary Tribunal (SDT). […]

Bloxham claims damages of £4.5m

Freshfields Bruckhaus Deringer‘s former insolvency partner Peter Bloxham is understood to be seeking £4.5m in damages. Today saw the first cross-examination of Bloxham, who is bringing age discrimination claims against his former firm. It is understood that the damages have been calculated on the £40,000 annual difference between Bloxham’s current pension and what he would […]

Judging the judge

Yesterday’s decision by the Lord Chancellor and the Lord Chief Justice to refer Mr Justice Peter Smith to the Office of Judicial Complaints (OJC) for further investigation has sparked a thousand cries of: “And what happens next?” Yesterday’s decision by the Lord Chancellor and the Lord Chief Justice to refer Mr Justice Peter Smith to […]

Privacy on parade

Judges are creating new privacy case law with each new ruling. And with the lack of parliamentary legislation You have 24 hours to stop the nationwide publication of your personal sex diary, which has been stolen to order by your cleaner for a national newspaper. Chances are that you will have a better chance these […]

Bakers joins £600k PEP club

Baker & McKenzie has broken the £600,000 average profit per equity partner (PEP) figure, with UK net profit rising by 18 per cent to £35.1m. The firm’s unaudited figures for the 2006-07 financial year show that PEP in the firm’s UK operation rose by 16 per cent from £518,500 last year to £605,000 this year. […]

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