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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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Pillsbury-Shaw Pittman merger offloads litigation team to Hunton

Merging US firms Pillsbury Winthrop and Shaw Pittman have made their first bold moves to transfer unwanted practices, sending a 20-lawyer insurance litigation team to Hunton & Williams and three aviation lawyers to Hogan & Hartson Merging US firms Pillsbury Winthrop and Shaw Pittman have made their first bold moves to transfer unwanted practices, sending a 20-lawyer […]

Making contact

Protests by fathers’ pressure groups have put child contact at the top of the political agenda. Margaret Simpson discusses the Draft Children (Contact) and Adoption Bill In early February the Government published the Draft Children (Contact) and Adoption Bill. It proposes new measures to address some of the shortfalls in the Children Act 1989, specifically […]

Urning their keep

Taylor Thomson’s fight with Christie’s is going to appeal, bringing together Sumption and Grabiner for another round in the courtroom. Jon Robins reports on the ongoing battle over a couple of vases Last month’s appeal in the highly-publicised legal action by Taylor Thomson and the venerable auction house Christie’s has been dubbed in these pages […]

TfL head of legal leaves position for non-legal alternative

Transport for London’s (TfL) head of legal Betty Morgan has quit the government agency. Morgan, who is high-profile general counsel Fiona Smith’s deputy, led TfL’s legal department for a while last October after Smith took six months’ extended leave. Smith returned to her role earlier this year. A TfL spokesperson confirmed that Morgan is leaving […]

Shearman loses antitrust head to $3m Cadwalader sweetener

Cadwalader Wicker-sham & Taft has secured Shearman & Sterling antitrust star Steven Sunshine after tabling a dazzling annual remuneration package believ-ed to exceed $3m (£1.6m). As first revealed on www. thelawyer.com (3 March), Shearman global antitrust head Sunshine is joining Cad-walader with junior partners Jess Biggio and David Wales. It is understood that Cadwalader beat […]

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