BLP guns for Close Bros after Osborne Clarke raid

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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

Corporate deals round-up

DLA (Mark Jackson, Steven Fennell, David Breakell) advised PricewaterhouseCoopers, Barclays Bank and GMAC Commercial Credit on the sale of Daisytek-ISA to ISA Trading for in excess of £30m. Dechert acted for ISA Trading. Skadden Arps Slate Meagher & Flom (Robert Sullivan, Cliff Gross, Carole Aciman, Soorun Youn) represented the Royal & SunAlliance Insurance Group in […]

Ashursts backs winner in Europe's largest ever buy-out

In a boost for Ashurst Morris Crisp’s finance practice after the collapse of merger talks with Fried Frank Harris Shriver & Jacobson, the UK firm has scooped the banking mandate for the winning consortium in the Italian yellow pages auction.Clifford Chance was among the advisers brought in for lenders supporting three other bids, but it […]

Reality reading

Tulkinghorn would like to assure readers that the following story is not a sign of things to come. Reality TV gossip is most definitely not going to become the staple diet of this page. Nevertheless, Tulkinghorn feels obliged to draw readers’ attention to Big Brother 3, and specifically to contestant Federico’s choice of reading matter. […]

Lovells hires Asia corporate head

Lovells has hired Greg Terry, former director and group general counsel of Hong Kong conglomerate Jardine Matheson, as head of the firm’s Asian corporate practice. Terry, who will be based in Lovells’ Hong Kong office from today (16 June), was a director and group general counsel of Jardine Matheson for 10 years. He was responsible […]

Government reforms could bring overhaul of Privy Council function

The judicial function of the Privy Council is facing a radical review similar to that announced for the Law Lords last week. If it remains attached to the House of Lords, the Privy Council would be at risk of breaching the Government’s new, or newly enforced, principle of outlawing connections between the judiciary and the […]

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