ScottWilks launches in Birmingham

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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 […]

Recommended

CC to lobby Germany over tax treatment of UK LLPs

Led by Clifford Chance, the UK’s largest firms have banded together to lobby the German government on its adverse tax treatment of UK limited liability partnerships (LLPs) Should they be successful, this major obstacle to becoming a UK LLP will be removed. As the law stands, German partners of a UK LLP would pay more […]

Eversheds hires DLA insolvency partner

DLA’s Paul de la Peña joins Eversheds’ London team Eversheds has expanded its London corporate recovery and insolvency team with the appointment of partner Paul de la Peña from DLA. Simon Waller, head of Eversheds’ national corporate recovery and insolvency team, commented: “The London team has had a particularly successful year, including work on assignments […]

Austria: can its firms survive if they refuse to open up?

Aled Griffiths asks whether Viennese firms will have to merge after the economic reforms of 2004 There are two statistics that Austrian lawyers are never tired of quoting: ‘There are more lawyers in Munich than the whole of Austria,’ and ‘There are less lawyers in Vienna now than in 1937.’ Whether this represents the progressive […]

Mayer Brown hires California legislator

Speaker Emeritus of the California Assembly to join as partner The former Speaker of the California Assembly is to join Mayer Brown Rowe & Maw’s government relations practice as a partner. Robert Hertzberg was twice elected Speaker of the Assembly and is currently Speaker Emeritus. He will join Mayer Brown’s Los Angeles office in December […]

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