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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

TMT deals round-up

Bird & Bird’s office in the Hague (Armand Killan, Harry Rek) has signed a cooperation agreement with the European Space Agency which will see the firm advising on the commercial use of the International Space Station. Masons’ AIM team, headed by Russell Booker, advised chemical genomics business VASTox on its admission to AIM in London. […]

News Corp general counsel calls it a day

News Corporation general counsel Arthur Siskind has quit his role at the Australia-based media giant. He is stepping down on 31 December after 30 years with the company to become senior adviser to the chairman Rupert Murdoch. Deputy general counsel Lon Jacobs will take over the role in early 2005. First revealed on www.thelawyer.com 26 […]

Mishcon raids Kilpatrick London office in double corporate swoop

Mishcon de Reya has bolstered its corporate practice with the appointment of two partners from US firm Kilpatrick Stockton.Nick Davis and Susan Breen, both partners at the Atlanta firm’s London office, will join Mishcon as partners in the corporate department later this month. Davis specialises in M&A and corporate work, with a particular focus on […]

£700m Abacha dispute finally gets to be heard

After five years in limbo, the £700m dispute over funds transferred to the family of the late Nigerian dictator General Sani Abacha finally comes to court this week. A two-day case management conference starting today(1 November) will determine security for costs and introduce a new party to the dispute, which has already cost several million pounds in […]

DLA boosts fledgling German operation with CC hire

DLA is accelerating its push into Germany with the hire of Clifford Chance corporate partner Dr Martin Schulte. Dusseldorf-based Schulte will join DLA’s growing Cologne office in late November. As first revealed on www.thelawyer.com (21 July), DLA debuted in Germany following a split from its former German ally Goerg Rechtsanwalte. The split saw DLA poach […]

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