Three top Italian firms merge to fight UK and US predators

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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

Baker & McKenzie plans merger with Spanish practice Jimenez

Baker & McKenzie has found a Spanish firm to merge with in the continuing battle by UK and international law firms to find suitable European alliances.Nigel Carrington, chairman of Baker & McKenzie’s European and Middle East Council, says: “We are in an advanced state of negotiations with a view to merging with Jimenez de Parga.”Baker […]

Entertainments must get businesslike

The recent legal battle in which James Palumbo’s Ministry of Sound (MoS) companies sued one of its former key executives for breach of contract, is seen by top lawyers as highlighting the importance of equitable remedies in the fast moving and often informal environment of the entertainment industry. The recent case centred on Lynn Cosgrave, […]

In brief: Freshfields

Freshfields is to take on six new assistants in its Paris office. The appointments will be in the corporate finance and finance department and are designed, says finance partner Jean-Luc Michaud, to redress the uneven ratio of assistants to partners.

Adrian Harris

Adrian Harris remains undaunted by the prospect of long working hours at US firm O’Melveny & Myers- he’s simply given up all his hobbies, writes Sean Farrell Much is made of the long hours worked by English lawyers for US firms, but Adrian Harris is undaunted. The new partner at US firm O’Melveny & Myers’ […]

In brief: The Law Society

The Law Society says it is attempting to persuade the Chinese authorities to relax their stance on allowing Chinese lawyers into English firms based in China. Herbert Smith and Holman Fenwick & Willan are the latest UK firms licensed to practise in China. Part of China’s bid to join the World Trade Organisation (WTO) involves […]

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