Lovells’ Madrid office appoints second partner

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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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SAC race

The development of public legislation relating to segregated accounts companies is proving beneficial to the insurance market in Bermuda. Neil Horner reports In August 2000, Bermuda enacted the Segregated Accounts Companies Act 2000 (the SAC Act). The public legislation established a registration system for a segregated accounts company or SAC (the Bermudian equivalent of a […]

Halliwells launches construction in Sheffield

Halliwells has launched a construction practice in Sheffield with the hire of DLA partner David Fearon. Fearon was originally a quantity surveyor, project manager and cost control manager before he requalified as a solicitor-advocate. He was at DLA for six years. His hire marks the firm’s first incursion into the Yorkshire construction market, building on […]

Hopefuls line up for the top jobs as elections draw near

Election season is now in full swing, with candidates emerging for the top jobs at Dickinson Dees, Herbert Smith, Lovells and Simmons & Simmons. Simmons is gearing up to find a replacement for managing partner David Dickinson. The exact timetable for the election process has not been set, although nominations are expected to start next month. The […]

Abbey instigates wholesale reshuffle of advisers

Abbey National is pursuing a radical overhaul of its legal function despite the fact that the bank is the subject of an £8.75bn takeover by Banco Santander and is facing rival bids from other UK banks. The bank is tackling both its external advisers and its in-house legal function. Abbey has asked all its firms […]

Lawnmower men

A blistering performance from Milton Keynes firm Fennemores saw its A team take the winner’s trophy at the inaugural Lawyer Formula Law go-karting extravaganza last Tuesday (7 September). The sun scorched the 1.3km track, the 21 burger and bacon butty-fuelled teams argy-bargied on the course, and the rapt crowd made a racket to rival the […]

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