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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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US merger cashes in on IP boom

THE WORLD’S 18th largest law firm, Californian-based Pillsbury Madison & Sutro, is to swallow up intellectual property specialist Cushman Darby Cushman, based in Washington DC, to become the 10th largest firm in the US. Under an agreement signed by the two firms on 20 June and effective on 1 August, the 65 Cushmans attorneys will […]

In brief: City of London Law Soc supports Mears

The City of London Law Society has spoken out in support of Law Society president Martin Mears’ right to pursue his agenda. The City society’s president, Stuart Beare, said it was concerned about the problems being faced by law firms up and down the country. He said: “Whether or not one agrees with the president’s […]

Firm claims a first in East Europe

Baker & McKenzie has advised on a deal which saw the first Western European company listed on an Eastern European stock exchange. It represented ING Barings and Creditanstaldt Investment Bank as underwriters of a $83 million international offering of shares in Cofinec, a French packaging group. Following the shares sale, Cofinec was admitted to the […]

Making the net work for you

Publishing on the Net is growing at an enormous pace and could prove a valuable way of advertising your firm’s services as well as saving money, reports Chris Davis In Europe, companies spend an estimated 22.5 billion ECU each year on publishing. It is an area that can benefit immensely from using the information superhighway, […]

In brief: London lawyer heads for Bosnia

Partner at London firm Watson Farley & Williams Nick Towle has been appointed to assist the reconstruction of Bosnia’s telecommunications sector. He is believed to be the first English lawyer in private practice to have visited Bosnia since the peace agreement last December. Towle is joining a team of consultants appointed by the European Bank […]

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