Ashursts hired by EC

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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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Is the region ready for the euro?

Most, but not all, law firms in the North East are geared up for the introduction of the euro, writes Rebecca Towers. Mixed is probably the best way to describe the reaction of north-eastern firms to the European single currency. And while the first stages of monetary union – due to come into effect on […]

Gentle touch in the city of steel

Observers prepared to watch a battle for supremacy when Nabarros set up in Sheffield. But the firm refused to play. When Nabarro Nathanson rode into town four years ago, Sheffield’s big guns prepared for a legal showdown. “When Nabarros arrived we had to reposition ourselves,” admits Dibb Lupton Alsop regional managing partner Paul Firth. The […]

Time to follow the UK flow?

Benelux firms are facing a crisis of conscience and identity as the need to link with UK firms becomes more pressing. Richard Tyler reports. Do I want to be part of a UK-led firm? That is the question that partners in leading Dutch and Belgian firms are asking now that 76-partner Dutch firm De Brauw […]

Andersens promotion

Xavier Sarrau is the new head of legal services at Arthur Andersen for Europe, Middle East and Africa. He has been replaced as head of Paris firm Archibald Andersen by Patrick Bignon.

Linklaters group aims to nip pension suits in bud

Linklaters has launched a 10-lawyer strong pensions litigation group in a drive to resolve disputes early on. The group is led by partner Mark Blyth and will focus on Pensions Ombudsman complaints and pensions disputes, including professional negligence and non-hostile litigation brought by trustees. Blyth said although more cases were going before the ombudsman and […]

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