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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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Wall St Woes: Banking it

A good chunk of New York’s elite firms shied away from the US Treasury bailout mandate because of conflicts. The likes of Sullivan & Cromwell, Davis Polk & Wardwell and Wachtell Lipton Rosen & Katz simply have too many conflicting mandates on the multitude of meltdown instructions. But for M&A powerhouse Wachtell conflict issues was […]

New William Grant counsel to push CSR

Whisky company William Grant & Sons has hired Coca-Cola Enterprises legal chief Eva Bishop as its first-ever general counsel, handing her the remit for a new corporate social responsibility (CSR) drive. Bishop will join the ­company at the start of next year, reporting to CEO Roland van Bommel. Current head of legal Andrew McLean will […]

Heller gives Orrick momentum

Orrick Herrington & Sutcliffe King of vultures is growing all over the place Where there is a loser, there is usually a winner. So far, in credit crunch terms, most of the winners are hard to ­pinpoint. But in the aftermath of the collapse of Heller Ehrman, the most successful vultures are already making themselves […]

Edwin Coe hires new CEO

Edwin Coe has appointed Tim Nash as CEO following the retirement of Mike Elliott, who had been at the firm for 30 years. Finance partner Nash took up the post after leaving Eversheds, where he held the non-legal role of group financial controller. Prior to this he worked at PricewaterhouseCoopers, Freshfields Bruckhaus Deringer and Clifford […]

Surveyor joins LG real estate team

LG has hired a former chartered surveyor as operations director in its real estate team, a new role created to help develop the property practice. John Heawood joins from property company Segro, where he was executive director. A spokesman for LG described the new role as a hybrid of business development and finance. Heawood will […]

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