Graf overhauls management

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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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Cads: hiring, not firing

Any Cadwalader associates out there can, it seems, rest easy. The US firm known for having one of the largest structured finance practices in the country is not looking to lay off anybody. Not now, not later. That, at least, is the story from management committee member and litigation chairman Greg Markel. Last Friday (9 […]

Bonelli’s new Rome office is fit for a king – and 30 more lawyers

Bonelli Erede Pappalardo has ditched its dual offices in Rome in preparation for a move into a single building at the end of November with space for 30 additional employees. Managing partner Alberto Saravalle said: “Formerly we had two separate offices in Rome. It simply made sense for everyone to be on the same premises. […]

Penny Francis elected LG senior partner

LG managing partner, Penny Francis, will replace Bill Richards as the firm’s senior partner. Francis was elected by the firm, beating competition from fellow partners corporate head, Chris Tite, corporate partner Sunil Kakkad and tax partner Robert Field. The head of LG’s business and finance group Hugh Maule will replace Francis as managing partner. Francis, […]

Lovells hands Young second term as senior partner

Lovells has re-elected John Young as the firm’s senior partner after he stood unopposed for the position. Young, who first took up the role in May 2004, will serve until the end of April 2012 after being voted in at the firm’s annual partnership conference in Barcelona on Friday night (9 November). Young said: “It […]

BAE ‘resets’ legal dept in wake of SFO inquiry

Defence giant BAE Systems has revolutionised its legal team, creating 15 new roles, including the company’s first-ever global compliance chief and its first lawyer in Saudi Arabia. The company saw a Serious Fraud Office (SFO) investigation into its business dealings with Saudi Arabia dropped on Government orders earlier in the year, a decision that Lord […]

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