PwC takes Mayer Brown litigation head in Chicago

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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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Grapevine

Media boutique Schillings has been growing its client base again. A few months ago we found them acting for GlaxoSmithKline against animal rights extremists on an unusual emergency injunction against persons unknown. Now name partner Keith Schilling is acting for the Law Society on its last-minute ex parte injunction on the new disclosure rules for […]

Cooley Godward seals merger with disputes specialist Kronish

The merger between US firms Cooley Godward and Kronish Lieb Weiner & Hellman is effective from today (2 October), with the combined firm operating as Cooley Godward Kronish. The new firm has 550 lawyers and a significant presence on both US coasts. Cooley Godward is best known for IP and biotech work in Silicon Valley […]

Tax litigation war is on for DLA Piper, Dorsey, McGrigors and RPC

DLA Piper may have won the latest MTIC GLO battle, but the war is far from won. By Steve Hoare McGrigors had an almighty row with DLA Piper in the High Court during the summer over the court’s appointment of the lead solicitor in a group litigation order (GLO) relating to missing trader intra-community (MTIC) […]

A&O managing partner retains role until 2008

Allen & Overy (A&O) partners have voted to extend managing partner David Morley’s tenure by another year to 2008. Morley’s term of office began in December 2002 after his predecessor John Rink resigned early. Morley’s term will now run in parallel with senior partner Guy Beringer’s (www.thelawyer.com, 28 September). Elections for the two posts will […]

‘Open justice’ wins as DCA rewrites claim access rules

Media lawyers have forced the Department for Constitutional Affairs (DCA) into a U-turn over the introduction of a controversial rule that restricted the public’s access to court documents. A new rule, which comes into effect today (2 October), gives the media and members of the public access to documents such as pleadings and defence of […]

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