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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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Clifford Chance aids property investors

Clifford Chance lawyer Teddy Bourne has come to the rescue of property investors by drawing up a code of practice for sellers in a bid to speed sales. Bourne, a property partner at Clifford Chance’s City office, wrote to the Investment Property Forum offering to help when he heard that it was looking to set […]

Eversheds to 'market' German states

Eversheds is expanding into the consulting business after winning a contract to market the German states of Berlin and Brandenburg to investors. The firm fought off competition from one of the big six accountancy firms, two marketing companies and at least one other law firm, to win the contract from the Berlin and Brandenburg economic […]

In brief: Cullen starts law head-hunting agency

A founder of recruitment consultants Badenoch & Clarke has set up a head-hunting agency. JCL, established by ex-Wasps rugby player John Cullen, will provide search and selection services for the legal profession. “Now that certain firms are grasping the concept of search, we will provide a tailor-made service,” Cullen said. He added that the company […]

Litigation Disciplinary Tribunals 24/09/96

Emmanuel Chukwubiko Abaraonye, admitted 1978, practising at material times as Stuart A West & Co, London EC1, struck off and ordered to pay £2,512 costs. Allegations substantiated he practised despite notice having been given to him that the Law Society’s powers of intervention had been exercised in respect of his practice, failed to ensure that […]

Piraeus-based Norton Rose expert quits for rival firm

Shipping finance expert Jeremy Watson has left the Pir aeus office of Norton Rose to take up a post at Holman Fenwick Willan’s office in the city. Watson had been with Norton Rose for the past four years, where he specialised in shipping finance. He has lived in Greece for the past two years. “Jeremy […]

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