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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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House rules

What happens when a bankrupt’s house has negative equity? This year’s changes to the Insolvency Act provide the answer. Adrian Hyde reports This year saw the first major revision of the personal insolvency provisions of the Insolvency Act 1986 come into effect. On 1 April the amendments to the Insolvency Act came into effect through […]

Middletons takes over Acuiti

Australia’s Acuiti Legal will dissolve in November when its remaining corporate and commercial practices merge with Middletons, the law firm that the practice originally split from. Around 85 staff, including 14 partners, from the firm’s corporate, commercial and commercial litigation groups will join Middletons’ Sydney office from 15 November, bolstering the office to 24 partners […]

Work-life swizz

Oh, what a funny little introspective world it is, that of the managing partner. A recent entrant to The Lawyer’s increasingly popular Work-Life Quiz is obviously accustomed to making things up as he goes along. He is also, perhaps, guilty of confusing The Lawyer with a session with a life coach. The MP in question […]

McGrigors introduces real estate first in firm rejig

An internal reorganisation at McGrigors has resulted in Katharine Hardie becoming the firm’s first head of real estate for Scotland. Previously McGrigors had only a national head, Philip Burroughs, now managing partner for London. The news coincides with two partner and six director level promotions within the firm, all of which take effect immediately. The […]

Dewey gears up in Italy with Milan acquisition

Dewey Ballantine is ramping up its Italian presence after absorbing Milanese boutique Casella Minoli e Associati. Name partner Luca Minoli joined Dewey Ballantine’s Milan office effective 1 October, bringing with him a salaried partner. Fellow partner Paola Casella, a lecturer at Milan University, will act as a part-time external consultant to the firm. Minoli advises […]

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