Lovells hikes Paris financial litigation team

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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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Simpson Thacher earns $300k for Treasury bailout

Simpson Thacher & Bartlett will bill the US Treasury $300,000 (£174,000) for its role on the government’s $700bn (£405.5bn) financial markets bailout. The fees, stipulated in the US Treasury Department’s contract with the New York firm, equate to approximately $79 (£45.76) per hour in a deal expected to involve 3,760 hours of work over the […]

2

A&O changes tack in Asia after seven HK corporate partners quit

Allen & Overy’s (A&O) newly appointed Asia managing partner Thomas Brown has been forced to ­pursue a new strategy in the region ­following a tumultuous week that saw seven Hong Kong corporate partners quit while its Indian best friend Trilegal splintered. A&O China corporate head Michael Liu took six corporate partners to ­Latham & Watkins […]

Ofgem snubs law firms over energy supplier probe

Energy watchdog Ofgem has cut out the middle man and gone straight to the bar for advice on its investigation into energy suppliers. The regulator instructed 13-year-call ;barrister Thomas de la Mare of Blackstone Chambers to assist on the seven-month inquiry. Ofgem found that at least 4.3 million customers were being overcharged but did not […]

Linklaters curtails client base to focus attention on major players

Linklaters curtails client base to focus attention on major players” />Linklaters is in the process of slashing its client base in an attempt to reduce conflicts and focus its ­business solely on large global entities. Managing partner Simon Davies, who is leading the project, carried out a similar exercise at the beginning of the decade […]

3

Lord Hunt of Wirral: Mr Right

The Law Society is having a spat with the Solicitors Regulation Authority over its decision to carry out its own regulatory review. But in appointing Lord Hunt of Wirral to do it, at least it’s made a diplomatic choice. Earlier this year Fred Jacobs, the Solicitors Regulation Authority (SRA) director of inspection and regulation, met […]

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