W&C fights Morgan Crucible extradition

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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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Insurance giant DAS appoints new legal chief

Legal expenses insurance giant DAS has appointed its first head of legal services. Mortimer joins DAS Legal Expenses Insurance from Capita’s legal expenses business in Colchester where she spent three years as head of legal services. Her hire follows an 18-month period in which DAS has had no senior in-house legal advisor. David Kearns, DAS’ […]

A&O secures rare win for Macquarie

Hats off to Macquarie for trumping its rivals on the bid for Thames Water, and hats off to Allen & Overy old hand Alan Paul for keeping the Australian bank in the fold. (See the full story.) Macquarie has used all sorts of law firms during the past couple of years, so A&O will be […]

Paul Hastings bolsters China corporate team

Paul Hastings Janofsky & Walker has poached corporate specialist Basil Hwang from O’Melveny & Myers, continuing its expansion of the Hong Kong corporate team. Hwang joins Paul Hastings as a partner in the corporate group from O’Melveny & Myers’ Hong Kong office where he was a counsel. Hwang specialises on M&A, private equity and securities […]

Lovells, White & Case caught in Thai coup

Lovells and White & Case were left reeling following Thailand’s recent bloodless coup, when the political unrest impacted on a major international arbitration case on which the firms were advising. The Lawyer can exclusively reveal that White & Case has been representing the Thai government, while Lovells is advising longstanding German client Walter Bau in […]

Bids flow in as UK water companies become the world’s hottest property

The Gulf, Australia and Canada can’t get enough of the UK’s water companies. By Caroline Binham They are low-risk, they are regulated and, most importantly, they are boasting threefold increases in profit over the past year. It is no wonder that bidders are scrambling to buy the UK’s water companies. It started with a trickle, […]

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