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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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Cost-cutting drive keeps Freshfields at top spot in German league tables

CC silences critics by leveraging off finance team; Linklaters’ partner reorganisation reaps rewards. By Gemma Westacott Germany’s leading corporate law firms have posted static figures after a year of difficult market conditions. Freshfields Bruckhaus Deringer continues to dominate the market, according to figures produced by German legal magazine Juve. The figures indicate that the firm’s revenue […]

Berrymans grows health and safety capability

Berrymans Lace Mawer has hired a partner in Manchester to head health and safety. Chris Green joins from Hammonds, where he was a senior solicitor. He defends and prosecutes health and safety and environmental law breaches. He has advised construction companies on fatal accident prosecutions and has prosecuted regulatory offences for Birmingham City Council. Berrymans […]

Skadden beats Davis Polk to Ashtead deal

Skadden beats Davis Polk to Ashtead deal” />Skadden Arps Slate Meagher & Flom has nudged aside Davis Polk & Wardwell to land a new client, UK-listed equipment hire company Ashtead. The firm triumphed over Davis Polk in an August competitive tender to advise on Ashtead’s $675m (£374.4m) debt facility. London finance partner Mark Darley led […]

Battle Lines Drawn at A&O

Allen & Overy (A&O) banking lawyers sound like they’ve had enough. They’re not exactly about to declare UDI, but the level of frustration is palpable. After three years where they hoovered up the fees on Marconi and Drax, and where the global loans group alone consistently produced profits three and a half times those of […]

Cobbetts entices IP partner from Martineaus

Cobbetts’ Birmingham office has taken a partner from new neighbour Martineau Johnson. Mauro Paiano will join Cobbetts in November as head of contentious IP, moving just a few floors from Martineaus. The two firms recently took up separate leases at 1 Colmore Square in Birmingham. Paiano, who is taking an associate with him, specialises in […]

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