Lovells beefs up New York office

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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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Hunt for top lawyers to fill Law Commissioners posts

The hunt is on for two top lawyers to take up prestigious roles as Law Commissioners. The posts of common law and criminal law and evidence Law Commissioners will be vacant from October this year and January 2000 respectively. They pay u81,260 a year. The incumbents, Professor Andrew Burrows (common law) and Stephen Filber QC […]

Diamonds no longer forever at Gouldens

It is a case of the disappearing diamond for City firm Gouldens, which has dropped its old “G” logo and removed the “solicitors” tag as part of a full make-over. The new look for the millennium is estimated by one insider to have cost the 36-partner City firm a six-figure sum. Charters Macdonald-Brown, Gouldens managing […]

In brief: McDermott Will & Emery

McDermott Will & Emery, the US firm, is acting for two Kosovan Albanians who are suing Slobodan Milosevic and other members of the Yugoslav government and military for genocide and war crimes. The action is taking place in the US. Professor Abram Chayes leads the McDermotts team, which also includes John Reynolds from the firm’s […]

Dentons and Eversheds lose out on deal

Denton Hall and Eversheds have lost out to a 15-partner firm on a property contract for the Greenwich Millennium Village housing scheme. Westminster firm Campbell Hooper beat off a rival bid from 96- partner firm Denton Hall to represent a consortium – comprising Countryside Properties, Taylor Woodrow and land owner English Partnerships and Greenwich Council […]

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Local authority must clear rubbish

Local authorities may have to rethink their rubbish clearance strategies in the light of a new Court of Appeal ruling. The decision in the case of Leeds City Council v Gordon Hoyland Spencer last month (May) centred on the right of local authorities to refuse to clear uncontained rubbish. However, the Court’s decision appears to […]

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