RWE Energie and E.ON sell their stakes in the East German energy producer Veag and its coal supplier Laubag to Hamburgische Electricitaets-Werke (Hew) for euro1.5bn (£921.9m).

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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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Lawrence Graham picks from Orchard

Lawrence Graham is taking on a second partner for its employment practice from City niche practice Orchard. Simon Malcolm joins head of the practice Yvonne Gallagher. He will focus on contentious work despite her practice being largely non-contentious.In April, the firm lost high-profile employment partner Georgina Keane when she left to set up her own […]

… as litigation partner opts for Brabners

Halliwell Landau commercial litigation partner Paul Morton has joined North West firm Brabners as a salaried partner. Morton, who was a junior salaried partner at Halliwells for four years, stated that one reason he moved was to speed up his career progression.“I’m still a salaried partner at Brabners,” he said. When asked if he would […]

DLA targets banks before downturn

DLA litigators are set to target 110 UK-based banks in a campaign to drum up work in the light of the predicted economic downturn. Predicting an increase of litigation around the recovery of unpaid debts, security enforcement and fraud, last Wednesday DLA’s litigators finalised a selling plan that included contacting banks and issuing advice and […]

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