Wachtell joins action on ABN Amro sell-off

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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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BLP halves promotions but elects more associate directors

Berwin Leighton Paisner (BLP) has promoted six associates to the partnership, fewer than half the record 13 promoted last year. However, the firm has also promoted a further four lawyers to the associate director position it created as an alternative to partnership last year (The Lawyer, 20 November 2006). Real estate finance got two new […]

Cobbetts raids Wedlake Bell for London launch

Cobbetts has hired two partners from City firm Wedlake Bell to head its London corporate finance practice. As first revealed on thelawyer.com (19 February), Cobbetts is to launch in London and expects to be fully operational by next month. The firm’s London corporate finance team will be led by Stuart Robertson and Simon Jones, who […]

FFW opens its doors in virtual world Second Life

Field Fisher Waterhouse (FFW) is the first law firm to launch an office in virtual world Second Life. The UK law firm follows companies such as Adidas, Domino’s Pizza, Ernst & Young, IBM, Reuters and Toyota into the virtual world. Second Life is a 3D virtual world inhabited by five million subscribers, which boasts a […]

Today’s associates waiting a year longer for partnership

The latest round of promotions for 2007 have revealed that it takes an average of 8.6 PQE years for UK associates in the top 10 UK firms to be promoted to the partership, a rise of almost a year compared with promotions in 2004. This also represents a slight rise on the previous year, when […]

Nishimura adds muscle with Japan tie-up

Nishimura & Partners and Kokusai Burmon of Asahi Law Offices will become Nishimura & Asahi on 1 July. The two firms confirmed their merger a year after they announced a plan to create a combined firm to counter the arrival of foreign firms launching in the jurisdiction. The combined firm will have more than 300 […]

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