Ropes taps Weil’s City office for Hong Kong finance hire

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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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1

Devonshires hit by writ for poor advice on discrimination action

City firm Devonshires has been handed a professional negligence writ by former client, hedge fund manager Celia Farnon. Hong Kong-based Farnon alleges that the firm failed to advise her adequately in a dispute with her former employer Polar Capital. Farnon instructed ­Devonshires partner Nicola Philp in May 2008 to advise her on a sex discrimination claim […]

Two City lawyers get the nod as Edwards Angell promotes five

Edwards Angell Palmer & Dodge has promoted two partners in London in a five-strong annual promotions round. John Lloyd has been made up in the firm’s IP practice – bringing the number of IP partners in London to seven – and Antonio Suarez-Martinez becomes a partner in the commercial litigation team. The firm also made […]

RJW ups private client offering with hires

Russell Jones & Walker (RJW) has hired a two-lawyer team from Bury-based firm Clough & Willis Solicitors as it looks to expand its private client offering. Richard Phillips joins as an associate and will head the firm’s trust and estates division. His practice ­focuses on areas including wills, inheritance tax ­planning and corporate succession planning. […]

2

Twitter ye not, Norton Rose

“Yeah well, sometimes nothing can be a real cool hand,” Paul Newman once said. The communication experts at Norton Rose are clearly fans of the teachings of the eponymous Cool Hand Luke after they managed to sneak into the top ten most successful legal Twitter users – known, apparently, as Tweagles – having posted precisely […]

Silence the witness

Should an expert witness be immune from professional negligence suits? This is the matter that seven Supreme Court Justices will hear debated this week. Such is the importance of the issue that the case leapfrogged the Court of Appeal at the suggestion of Mr Justice Blake, who heard the case in the High Court. Finding […]

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