Asia pulled in smallest chunk for legacy SJ Berwin

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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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Two Arendt & Medernach partners feature in top 10 private fund lawyers list

Arendt & Medernach partners Claude Kremer and Gilles Dusemon have been identified as leading lawyers in the field of private funds by the International Who’s Who Legal for the second consecutive year. The International Who’s Who Legal Private Funds 2014 is a publication of Who’s Who Legal, which has canvassed and analysed the opinions of […]

Health Alert — 3 February 2014

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No winding-up order where genuine dispute over debt

A winding-up order was wrongly made where a creditor was described as a contingent creditor, but the underlying debt upon that the petition was based appeared to be genuinely disputed. In LSI 2013 Ltd v Solar Panel Co (UK) Ltd, the petition was based upon invoices giving rise to a substantial outstanding balance on the trading […]

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Four barristers quit Outer Temple for Serjeants’ Inn

Serjeants’ Inn has snared a team of four barristers from rival set Outer Temple Chambers.  The addition of members David Morris, Anthony Haycroft, Alan Jenkins and Charles Foster follows that of Caroline Hallissey, who also joined the set from Outer Temple in September.  The four barristers first joined OUter Temple as a team from 6 Pump […]

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