The King’s Bench Walk walk-out

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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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Out in force

JPMorgan is leading the way with its inclusive approach towards gay workers. In the wake of a critical Law Society report, what can law firms learn??n?? The only gay in the “City?” reads the poster. “Hardly.” When JPMorgan managing director and assistant general counsel Tim Hailes decided to head the bank’s 14-strong gay and lesbian […]

Orrick finally secures Coudert’s China licences

Orrick Herrington & Sutcliffe has ended its long-running bid to obtain operating licences for the mainland China offices it acquired from defunct firm Coudert Brothers. It is understood that the China Ministry of Justice (MoJ) and the respective city’s judiciary bureaus have granted permission for the amendment of the licences for both Coudert’s Beijing and […]

Hammonds suffers blow as partner quits for Pannone construction role

Hammonds has lost another partner in Manchester, with Sean McCay joining Pannone. McCay’s departure follows that of corporate head Stephen Levy to Pinsent Masons in August. Pannone also hired Hammonds employment partner Ian Tranter in July 2005. McCay, a fixed-share equity construction partner at Hammonds, leaves the firm for Pannone in October. Construction assistant Kevin […]

15

HP legal team under fire from California attorney general

Hewlett Packard’s in-house legal function and senior management is bracing itself for an investigation by California’s attorney general. In a US television interview on Tuesday night, California attorney general Bill Lockyer said: “People’s identities were taken falsely, and it’s a crime. People accessed computer records that had personal information. That’s a crime.” The probe follows […]

A&O and Addleshaws advise on UK’s biggest building society merger

Allen & Overy (A&O) and Addleshaw Goddard have scooped roles on the UK’s largest ever building society merger with total asset values of over £150bn and over 13m members. The merger of Nationwide Building Society and smaller rival Portman Building Society is subject to approval by the Office of Fair Trading, Portman members and the […]

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