Asahi’s fightback comes unstuck as

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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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Harbottles promotes four

Harbottle & Lewis has promoted four associates to the partnership. The firm has made up Leo Marino in the property department, publishing group head Caroline Turner, employment litigator Joanne Twiss and finance specialist Alison Wilds. Harbottles also made Wilds head of the aviation and finance group and promoted David Scott to the position of senior […]

Linklaters gets green light for Walkie Talkie tower

Linklaters planning team has won government consent for the ‘Walkie Talkie,’ the 177m tower development at 20 Fenchurch Street, London. The secretary of state for communities and local government, Hazel Blears, granted permission for property giant Land Securities to build the tower today, after the application was called in for review in March this year. […]

DLA Piper sees Pakistan Airways’ EU ban lifted

DLA Piper‘s regulatory team has succeeded in having an EU ban on Pakistan International Airways (PIA) partially lifted after just three months. Miriam Gonzalez, the firm’s head of trade, led a team that included head of aviation Mark Franklin and litigation associate Waseem Khokar. PIA can now relaunch 19 of its 43 aircraft to fly […]

One Brick Court’s ‘king of libel bar’ abdicates

The man known as ‘the king of the libel bar’ Richard Rampton QC is standing down as the head of One Brick Court, making way for Andrew Caldecott QC in a move that will be watched closely by media lawyers. Rampton stands down after seven years, as required by the set’s constitution. Caldecott, who was […]

Barclays’ panel rejig sees 10 firms added

Barclays Bank has modified its panel structure and has appointed 10 new firms in response to its rapidly expanding global business. As well as combining the panels its uses for fiduciary, trust and establishment work, Barclays has introduced a commercial panel. Richard Daniel, the bank’s chief operating officer for legal and compliance, told The Lawyer: […]

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