New chief takes the reins at MoFo

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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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Barlows puts ‘stay or go’ option to its banking staff

Barlow Lyde & Gilbert is to let its banking associates choose whether to stay at the firm or follow two departing banking partners to Winston & Strawn’s London office. Barlows has decided to abandon its rated independent banking practice, prompting the exits of head of banking Graham Wedlake and partner Neil James, who will join […]

Herbies taps into Scottish Water’s regulatory work

Herbert Smith has trumped the Scottish legal sector by scoring a place as the sole adviser to Scottish Water on its regulatory affairs. The water agency tendered several Scottish firms, including its main external adviser Dundas & Wilson, but instead opted for Herbert Smith. The new instruction will hand Herbert Smith energy partner Trevor Turtle […]

Gide posts 15 per cent revenue hike as it bolsters London with Cadwalader lateral

French international Gide Loyrette Nouel has posted a revenue rise of 15 per cent for 2004. The firm is also further strengthening its London finance capability with the hire of a tax partner from Cadwalader Wickersham & Taft. Anthony Davis becomes Gide’s seventh London partner and the first to specialise in tax work. His career […]

Slaughter and May under fire for conflict on LSE bid

Magic circle firm in tactical gaffe as dual role gives Deutsche Börse ammunition on LSE battle Slaughter and May under fire for conflict on LSE bid” />Deutsche Börse last week appealed to the Takeover Panel for a ruling that Euronext, its rival bidder for the London Stock Exchange (LSE), is acting “in concert” or collaborating […]

Sidley accused of age discrimination

The US Equal Employment Opportunity Commission (EEOC) is suing Sidley Austin Brown & Wood for discriminating against 31 of its partners when it expelled them from its partnership in 1999. Under the US Age Discrimination and Employment Act, employers cannot discriminate against employees aged 40 or above; all the demoted partners were over 40. John […]

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