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    General Newsletter, May 2025
    2025-05-08

    1 2 Capital Market 9 Dispute Resolution 14 Fintech 19 Media and Entertainment 24 RERA 27 Sports and Gaming 39 White Collar Crime 03 Competition Law 11 Employment Law 17 International Trade/ WTO 19 MCA 25 Restructuring and Insolvency 34 Technology 40 3 EXTENSION OF TIMELINE FOR FORMULATION OF IMPLEMENTATION STANDARDS PERTAINING TO SEBI CIRCULAR ON “SAFER PARTICIPATION OF RETAIL INVESTORS IN ALGORITHMIC TRADING”1 Securities Exchange Board of India (“SEBI”) issued a circular “Safer participation of retail investors in algorithmic trading” dated February 04, 2025, which aimed at ensuring safer

    Filed under:
    India, Arbitration & ADR, Banking, Capital Markets, Company & Commercial, Competition & Antitrust, Compliance Management, Employment & Labor, Insolvency & Restructuring, IT & Data Protection, Litigation, Media & Entertainment, Real Estate, White Collar Crime, DSK Legal, Corporate governance, Know your customer, Blockchain, Advertising, Fintech, Due diligence, Non-disclosure agreement, Tariffs, ESG, Litigation funding, Gaming, Cybersecurity, Anti-money laundering, Data privacy, Esports, Reserve Bank of India, Securities and Exchange Board of India, Unilever, Singapore International Arbitration Centre, Negotiable Instruments Act 1881 (India), Insolvency and Bankruptcy Code (India), Rights of Persons with Disabilities Act 2016 (India), Supreme Court of India, Court of Arbitration for Sport
    Location:
    India
    Firm:
    DSK Legal
    Strengthening Ties: Singapore Leads The Way For Future Indian Insolvency Cases
    2025-05-07

    This is the story of the first Indian insolvency proceeding to be granted recognition by the Singapore Court under the UNCITRAL Model Law on Cross-Border Insolvency (“Model Law”). This recognition, besides facilitating the challenging cross-border asset recovery, has also opened the doors for deeper insolvency cooperation between India and Singapore.

    Filed under:
    India, Singapore, Insolvency & Restructuring, Litigation, WongPartnership – Restructuring & Insolvency, Know your customer, Tariffs, Insolvency, UNCITRAL, HSBC, Insolvency and Bankruptcy Board of India, Insolvency and Bankruptcy Code (India), National Company Law Tribunal
    Authors:
    Kajal Bhatia
    Location:
    India, Singapore
    Firm:
    WongPartnership – Restructuring & Insolvency
    Tracing and recovering cryptoassets for Cayman and BVI insolvency practitioners
    2024-09-09

    In many of the recent insolvencies of digital asset companies, liquidators have been appointed over companies in which digital assets have been fraudulently transferred from wallets controlled by an insolvent company into other unidentified wallets in foreign jurisdictions.

    The anonymity of cryptoassets causes serious difficulties for insolvency practitioners in identifying the third parties who received funds and the location of the digital wallets.

    Filed under:
    British Virgin Islands, Cayman Islands, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Ogier, Know your customer, Blockchain, Bitcoin, Cryptocurrency, Anti-money laundering, Non-fungible tokens, Insolvency
    Authors:
    Gemma Bellfield (nee Lardner) , Nicholas Brookes , Corey Byrne , Romauld Johnson
    Location:
    British Virgin Islands, Cayman Islands
    Firm:
    Ogier
    KYC - “Know Your Customer,” or Agent, or Financial Institution, to Qualify for the Bankruptcy Code Safe Harbors
    2024-02-09

    Parties structuring certain financial transactions to comply with the Bankruptcy Code safe harbor provisions, including protections from the avoidance powers in Section 548 of the Bankruptcy Code,1 must be cognizant of recent case law prescribing the identity of counterparties within the ambit of the provisions.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Cadwalader Wickersham & Taft LLP, Know your customer, Private equity
    Authors:
    Eric Waxman , Ingrid Bagby , Michele C. Maman , Marc Veilleux
    Location:
    USA
    Firm:
    Cadwalader Wickersham & Taft LLP
    HFW Disputes Digest 2023
    2024-01-08

    HFW DISPUTES DIGEST 2023

    Welcome to the second annual Disputes Digest, in which we collate our 2023 global HFW LITIGATION and International Arbitration publications in one place.

    This edition includes updates from across our Disputes arena, including England and Wales, BVI, AsiaPac, and the Middle East.

    Filed under:
    European Union, Global, Hong Kong, Singapore, United Kingdom, USA, Arbitration & ADR, Banking, Capital Markets, Company & Commercial, Compliance Management, Derivatives, Environment & Climate Change, Healthcare & Life Sciences, Insolvency & Restructuring, IT & Data Protection, Litigation, White Collar Crime, HFW, Know your customer, Blockchain, Employee Retirement Income Security Act 1974 (USA), Advertising, Climate change, Supply chain, Mediation, Fintech, Due diligence, Carbon neutrality, Cryptocurrency, ESG, Litigation funding, Anti-money laundering, Non-fungible tokens, Metaverse, Anti-bribery and corruption, Greenwashing, US Securities and Exchange Commission, Financial Conduct Authority (UK), Barclays, Consumer Financial Protection Bureau (USA), Google, European Council, Commodity Futures Trading Commission (USA), Competition and Markets Authority (UK), HSBC, Monetary Authority of Singapore, Bank of England, Singapore International Arbitration Centre, FTX, Silicon Valley Bank, Arbitration Act 1996 (UK), Federal Arbitration Act 1926 (USA), Financial Services and Markets Act 2000 (UK), UK Supreme Court
    Location:
    European Union, Global, Hong Kong, Singapore, United Kingdom, USA
    Firm:
    HFW
    Trading Halt: Capturing Cryptocurrency via the Courts
    2023-03-23

    The law can be slow to adapt to emerging technologies such as cryptocurrency. However, with a thorough knowledge of existing legal avenues, adaptation is not always necessary. Macpherson Kelley recently acted in a case that demonstrates how trustees in bankruptcy can use existing tools at their disposal to investigate, and ultimately recover, cryptocurrency held by bankrupts.

    Identifying and locating cryptocurrency

    If a trustee becomes aware that a bankrupt has owned or traded in cryptocurrency assets, the trustee will normally:

    Filed under:
    Australia, Banking, Insolvency & Restructuring, IT & Data Protection, Macpherson Kelley, Know your customer, Bankruptcy, Cryptocurrency, Anti-money laundering, Ethereum
    Authors:
    Daniel Wignall
    Location:
    Australia
    Firm:
    Macpherson Kelley
    DAOs and Bankruptcy
    2022-05-24

    They are all the rage: People are forming decentralized autonomous organizations (DAOs) as vehicles to purchase or bid on a wide range of assets—NFL teams, golf courses, fossil-fuel companies, even a copy of the U.S. Constitution.

    Filed under:
    USA, Insolvency & Restructuring, O'Melveny & Myers LLP, Know your customer, Bankruptcy, Cryptocurrency
    Authors:
    Peter Friedman , Matthew Hinker , William K. Pao , Scott Sugino , Jennifer Taylor , Laura Smith , Emma Persson
    Location:
    USA
    Firm:
    O'Melveny & Myers LLP
    Cannabis, Cash, and Crime
    2018-07-17

    Los Angeles Lawyer July/August 2018

    BANKING, LENDING, AND INSOLVENCY RESTRICTIONS RELEGATE THE LEGITIMATE CANNABIS INDUSTRY IN CALIFORNIA TO AN ALL-CASH BUSINESS, VULNERABLE TO CRIME

    Filed under:
    USA, California, Healthcare & Life Sciences, Insolvency & Restructuring, Litigation, White Collar Crime, Buchalter, Know your customer, Cannabis, Money laundering, Self-Invested Personal Pension, US Department of Justice, Financial Crimes Enforcement Network (USA)
    Authors:
    Richard P. Ormond
    Location:
    USA
    Firm:
    Buchalter
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