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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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Set for action

A host of publicity has surrounded the formation of Matrix chambers, not least because of its high profile tenants. Matheu Swallow and Claire Smith ask whether the interest is justified or merely the result of a clever PR campaign. Matrix has arrived. Well, it is on its way at least – it will not be […]

Freshfields strikes mega-alliance deal

Freshfields has usurped Rowe & Maw to advise EMI Group on its multi-billion pound joint venture with Time Warner. Charles Ashcroft, company secretary and group general counsel at EMI, says the company chose Freshfields because of its experience in tax and anti-trust matters. But he adds: “At this stage it is possible that Rowe & […]

The Firm

Downloaded from The Firm’s new interactive internet chatroom Pratchard: So wot are wee suposed to do in hear? Stop. Henderson: Jack, it’s an internet chatroom – following on from Allen & Overy’s Newchange and Clifford Chance’s Fruit Net. It allows us a forum to exchange ideas and documents with counsel, clients and each other. Pratchard: […]

McGrigor Donald opens in Belfast

Corporate partner Richard Masters and property partner David Bankier have moved from the Glasgow head office to run the Belfast practice. They take projects assistant Gregor Hamilton with them and have poached corporate lawyer Kerry O’Hara from Belfast-based L’Estrange & Brett. Fred Shedden, McGrigors’ senior partner, says the office is looking for another partner and […]

Surviving the property boom

Claire Smith reports on how medium-size firms are holding their own as the big City firms move in on the commercial property deals. In the booming market that is commercial property, at the start of the third millennium, one old saying increasingly rings true among law firms – size does matter. A report published earlier […]

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