Piper Rudnick and Gray Cary complete merger ahead of DLA tie-up

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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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Ashurst advises competitors on Saga auction

Ashurst landed pole position on the hotly contested auction of Saga, the financial services and travel provider for the over 50s, by advising competing consortia. The City firm advised both Bank of Scotland and Lehman Brothers, which are providing financing to Platinum 400, the winning acquisition vehicle of the management team, which is supported by […]

Maples and Calder

In a story that appeared on www.thelawyer.com (27 September), under the headline ‘Mourant scoops Maples trio for expansion plan’, it was incorrectly stated that three lawyers leaving Maples and Calder were partners. In fact, the three are joining Mourant du Feu & Jeune as partners but were employed as associates at Maples. We are also […]

Skadden secures first Lehman Bros instruction

Skadden Arps Slate Meagher & Flom has won its first instruction from Lehman Brothers in France on the privatisation of the French motorways. Lehman, which has hired a number of heavy hitters to target the European equities market, conducted a beauty parade after being named joint financial adviser with Société Générale on the Société des […]

RPC bolsters construction with Masons hire

Reynolds Porter Chamberlain (RPC) has bolstered its construction practice by scooping a partner from Masons. Ron Nobbs, a specialist in construction and project-based work, joins from Masons where he was a partner in their construction and engineering group. During his time at the firm he acted for a number of major national and international contractors […]

Small wonder

Luxembourg may not be the first name on everybody’s lips in offshore terms, but it’s still a success story. Vanessa Molloy reports When, in response to the question “Where do you live?”, one replies “Luxembourg”, often the second question is: “Now, where’s Luxembourg exactly?” Once the second question is answered (a tiny landlocked country situated […]

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