Bahl in counter-attack against Society chief

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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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When partnerships are the answer

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Lords hears property debate

Judgment is now pending in the House of Lords in a case of considerable significance in property circles. The Law Lords have been asked to overrule lower court decisions that a sub-tenant of agricultural property was entitled to sidestep possession moves brought after the tenant accepted notice to quit and agreed not to issue a […]

NY team moves in at Deweys London

US firm Dewey Ballantine is beefing up its London office with New York lawyers after losing a leading UK corporate finance partner. Douglas Colliver is joining Andersen Legal firm Garretts as head of banking, leaving the future of Deweys’ UK law capability in doubt. Sources close to the firm suggest that Deweys is retrenching. Rather […]

Unilever to restructure legal group

Consumer goods giant Unilever is working on a massive overhaul of its legal department. The company is hoping to complete the restructure of its central legal sites, based at Unilever’s dual head offices in London and Rotterdam, by autumn. The central legal departments are currently split into a number of different functions covering geographical and […]

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