K&L Gates secures sweet Chicago home with Bell Boyd deal

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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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Fried Frank: a series of unfortunate events

Fried Frank Harris Shriver & Jacobson’s international ambitions have a habit of being thwarted. This is the firm that almost tied the knot with Ashurst back in 2003, only to be denied at the altar by quibbles over remuneration and power. Fried Frank’s global ambitions left in tatters Fried Frank Harris Shriver & Jacobson’s international […]

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Ashurst plans to shed 15 secretarial jobs

Ashurst plans to shed 15 secretarial jobs” />Ashurst has launched a redundancy consultation that could see up to 15 secretaries lose their jobs. All of those affected are in the firm’s London office and are part of the firm’s evening and floating teams, which deal with overflow work. In a statement the firm said: “We’re […]

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White & Case City office bears brunt of NY lag

The New York office of White & Case is being subsidised by payments from the global firm’s international offices, The Lawyer can reveal. White & Case’s London office is understood to be a major contributor of revenue to the US firm’s headquarters. Most international firms send money to the central office, but partners based at […]

Dentons, BDO called in to handle hotels sale

Denton Wilde Sapte has won a role advising the administrators of European hotel chain the Real Hotel Company. The business, which owns 61 hotels across the UK, France, Germany and Belgium and trades under brands including Best Western and Quality Hotels, called in BDO Stoy Hayward restructuring specialists Shay Bannon and AntonyNygate after its shares […]

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Allen & Overy’s big ask

Allen & Overy’s big ask” />Here’s an exercise in persuasion. At a firm where average partner profitability was over £1m last year, how in a recession do you try to convince your clients to accept higher charge-out rates? That is precisely what Allen & Overy (A&O) is discussing at the moment (see story). This is […]

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