Ashurst advises competitors on Saga auction

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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

The multi pack

Some of the most ambitious offshore firms are seeking multijurisdictional expansion. Mourant du Feu & Jeune’s Tim Herbert explains why going global makes sense An increasing number of offshore law firms are expanding outside their home jurisdictions either organically or through mergers, creating pan-offshore law firms. This year is shaping up to be something of […]

Mourant professional services group incorporates as a limited company

Channel Islands professional services group Mourant has scored a first in the legal market by incorporating as a limited company. The new structure combines Mourant’s three financial and professional service lines, but the law firm Mourant du Feu & Jeune will continue to operate as a partnership. Law firms are not yet able to incorporate […]

Small wonder

Luxembourg may not be the first name on everybody’s lips in offshore terms, but it’s still a success story. Vanessa Molloy reports When, in response to the question “Where do you live?”, one replies “Luxembourg”, often the second question is: “Now, where’s Luxembourg exactly?” Once the second question is answered (a tiny landlocked country situated […]

Penningtons hires Laytons partner

South East firm Penningtons has bolstered its dispute resolution practice with the appointment of a partner from Laytons. Simon Emmerson, a specialist in handling contractual and regulatory disputes for technology, property and general corporate clients, joins Penningtons’ Basingstoke office as a partner in the dispute resolution department. Emmerson was previously based in the Guildford office […]

Management rejig sees new look White & Case

White & Case’s London office has unveiled the results of its management overhaul, creating the post of chief operating partner for the first time. As revealed by The Lawyer (20 September), Neil Upton, who joined the US firm’s London office two years ago, will take on the newly-created role. His remit will cover the day-to-day […]

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