Simmons hit with third partner departure

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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

Weil Gotshal & Manges reports post-MCI increase in bankcruptcy share of turnover

The bankruptcy practice at Weil Gotshal & Manges now accounts for 20 per cent of the firm’s business – about $160m (£87.7m) of a total 2004 turnover of $801m ($439m) – following lead roles on MCI (formerly Worldcom), Enron and Global Crossing. The US firm has claimed $39.8m (£21.8m) for work as chief debtor’s counsel […]

Careers: in brief

Reed Smith is to launch a professional development and leadership initiative for its staff this autumn. Reed Smith University will be run in conjunction with the Wharton School of the University of Pennsylvania and its executive education division. The project will include five specific disciplines: business development, technology, professional support, leadership and law. Legal training […]

Orrick boosts Japanese corporate base with mass hire

Orrick Herrington & Sutcliffe has taken on a score of new recruits for its Tokyo office, including a former lawyer from Mitsui Yasuda Wani & Maeda. Masami Totani is moving to the US firm’s registered associated practice Orrick Tokyo Law Offices with four bengoshi. All are joining from highly-rated Japanese practice Mitsui Yasuda Wani & […]

Reality bites

Reality television post Big Brother, Hell’s Kitchen and I’m a Celebrity… Get Me Out Of Here! has never been hotter. As tabloids fight for exclusive interviews with the latest batch of Big Brother housemates, it can be tempting to dream of the money they’re making and the glamour of their newfound, although usually minutes-long, fame. […]

Squire Sanders and Coudert Brothers pull plug on merger

Squire Sanders and Coudert Brothers pull plug on merger” />Merger talks between Coudert Brothers and Squire Sanders & Dempsey have collapsed due to concerns over the tied firm’s international strategy. It is understood that the firms began conducting due diligence into each other’s businesses a number of weeks ago. However, sources say the discussions have […]

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