Local rivals set to soak up Three Fountain Court

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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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BLP launches structure for international network

Berwin Leighton Paisner (BLP) has, for the first time, implemented a formal structure for managing its international network of preferred firms. The firm, which maintains a formal alliance with Kramer Levin Naftalis & Frankel in the US, now has more than 100 independent firms in 50 countries with which it has “non-exclusive preferred friends relationships”. […]

Consultants create JV to advise firms on flotations

One of the legal market’s best-known management consultants, Alan Hodgart, has formed a joint venture with corporate finance house Lexicon Partners aimed specifically at advising firms on potential IPOs and fundraisings. Hodgart and Lexicon managing director Angus Winther finalised details of the joint venture’s framework and format on 21 June. The new venture went live […]

16

Reed Smith launches women’s career forum and sacks female blogger

Reed Smithhas launched a new initiative aimed at encouraging women’s careers just days after the firm came under fire for sacking IP partner Denise Howells in the US. Howells has become something of a legend in the US for pioneering law blogs in the US and coining the phrase “blawg”. Her blogs have championed the […]

LeBoeuf boosts Moscow with Haarmann team

LeBoeuf Lamb Greene & MacRae is the latest firm to profit from the dissolving German outfit Haarmann Hemmelrath, with two Moscow hires. CMS Hasche Sigle took most of the Moscow office of Harmann Hemmelrath in late June (The Lawyer, 22 June) with about 28 lawyers moving to the German ally of CMS Cameron McKenna. Moscow […]

Follow that client

Scottish corporate lawyers are losing ground to London and the South East as clients increasingly head south of the border. By Matt Byrne Maclay Murray & Spens‘ loss of private equity star Graeme Sloan to Latham & Watkins earlier this year was a major blow to the former’s private equity ambitions, particularly in the crucial […]

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