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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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Linklaters lands Rio Tinto-BHP deal

Linklaters has been drafted in on its second major mining deal in a week, advising British mining giant and longstanding client Rio Tinto on its £50bn approach from Australian rival BHP Billiton. BHP Billiton confirmed that it had approached Rio Tinto but that the offer, which would have created the world’s biggest mining company, had […]

Eversheds reports 10 per cent growth

Eversheds has seen half year turnover grow in line with its three-year strategy with a 10 per cent increase to £196m from £176.4m for the same period last year. The firm said it is ahead of target in delivering its strategic growth plans and profit targets despite significant investment in new offices in Leeds and […]

Firm profile: Corren Troen

After Martinis at the top of the Sears Tower in Chicago in 2003, Paul Corren and Per Troen, then partners at Osborne Clarke , decided to go it alone. They opened up their boutique outfit Corren Troen in London and the firm has since grown to 16 fee-earners off the back of their contacts and […]

Herbert Smith rockets ahead on half-year figures

Herbert Smith has been the year’s outstanding performer so far as UK firms begin to take stock at the half-year stage. Herbert Smith’s finance department has driven a 25 per cent increase in the firm’s turnover, compared with the first six months of last year. “Finance has been the best performer, growing by more than […]

SJ Berwin lawyer quits for Martineau

SJ Berwin competition law associate James Dilley has taken up the post of competition partner at the London office of Martineau Johnson. He has been at SJ Berwin for two-and-a-half years, during which key work included the Group 4-Securicor deal. In his new team Dilley will work on cartels, mergers and state aid. Martineau competition […]

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