Vinson pays $30m to settle Enron claims

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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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HK and China heat up

Mainland China and Hong Kong confirmed their positions as expansion hot spots over the past couple of months with a slew of international firms launching presences in the region. US firm Simpson Thacher & Bartlett sparked the flurry, announcing plans to launch on China’s mainland after raiding local law firm Fangda Partners. The New York […]

DLA Piper and Orrick go to court as China row escalates

The bitter feud between DLA Piper Rudnick Gray Cary and Orrick Herrington & Sutcliffe over Coudert Brothers’ Beijing office has reached boiling point as the rivals prepare to face each other in court. The slanging match flared up after an associate within the team that defected to DLA Piper filed a lawsuit against Coudert Beijing, […]

Mayer Brown re-jigs management for securitisation push

Mayer Brown Rowe & Maw has appointed new co-heads for its London securitisation department following the departure of high profile partner Mark Nicolaides. Bruce Bloomingdale and Dominic Griffiths are the new co-heads of the four partner practice. In addition, Drew Salvest will continue to head the office’s debt capital markets practice and Kevin Hawken continues […]

Bakers, Norton and Trowers threatened with Bahrain suit

Baker & McKenzie, Norton Rose and Trowers and Hamlins have become embroiled in a licensing scandal in Bahrain, following a revolt by the country’s domestic legal community. The Bahrain Bar Association (BBA) and numerous individual lawyers have launched a lawsuit against the country’s Industry and Commerce Ministry, the Bahrain Monetary Agency (BMA) and the international […]

Slaughters litigation head joins Campbells

Slaughter and May‘s French litigation head Edouard Bertrand has found a new home at French independent Campbell Philippart Laigo & Associés. Bertrand joined the six-partner firm as of counsel following the merger between corporate powerhouse Bredin Prat and the bulk of Slaughters’ Paris office on 1 May. “I was looking for a firm that could […]

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