WilmerHale launches in Frankfurt

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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

CME Group goes global with Emea legal hire

The Chicago Mercantile Exchange Group has kicked off its international expansion with the hire of Taylor Wessing partner Adrienne Seaman as legal director and associate ­general counsel for Europe, the Middle East and Africa. The Chicago Mercantile Exchange (CME) Group has kicked off its international expansion with the hire of Taylor Wessing partner Adrienne Seaman […]

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Administration, intervention or a CVA? Firms in difficulty weigh their options

The economic crisis has claimed its first significant victims in the legal ­sector, with a 10-partner London firm among the recent casualties. Saunders Solicitors was wound up in October by administrators BDO Stoy Hayward, which drafted in a team of restructuring lawyers from DLA Piper. Meanwhile, Tunbridge Wells-based Buss Murton has been saved from ­administration […]

Get in line

New legislation brings Luxembourg into line with international law and should have investors queuing up, says François Pfister In response to high demand from the international fund communities, new legislation has come into force that significantly broadens the legal framework for private equity and venture capital fund structuring through Luxembourg. The amended legislation, implemented by […]

Necessity: the mother of re-invention

News that CMS Cameron McKenna is to transform its legacy insurance practice into a dispute resolution group is yet more evidence that the legal market is having to re-invent itself to keep pace with changes in the wider economy. Unlike many of the firms featured on Legal Job Watch, Camerons has trumpeted its desire to […]

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Eversheds wins Hinduja power project in India

Eversheds has been appointed by the Hinduja Group on international aspects of India’s Vizag power project and will work alongside local firm FoxMandal Little. Initial contact with the client was made by the head of Eversheds’ India business group, Gauri Advani, and the firm subsequently won a beauty parade. Head of project and infrastructure finance […]

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