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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

McDermott Will & Emery lures employment head

US firm McDermott Will & Emery has lured Warner Cranston’s head of employment to its London office. David Dalgarno – regarded as one of the City’s leading employment lawyers – will join employment guru Fraser Younson, who arrived at McDermotts from Baker & McKenzie in April. Younson, head of employment at McDermotts, says: “I don’t […]

Financings

A u230m bond issue securitised on the income of the Tussauds Group – including Madame Tussaud’s wax museums in London and Amsterdam

Husband and wife appeal

The Law Lords are considering whether to give leave for an appeal by husband and wife Lee and Kathleen Montgomery, who were made the subject of a restraint order imposed at the request of the US. The case raises the question of whether the UK courts have the jurisdiction to make such an order. The […]

Is the commercial bar at crisis point ?

The rise of solicitor-advocates, the increasing use of mediation – do they pose a real threat to commercial barristers? Susan Ward and Mark Hapgood QC discuss the future. Susan Ward is chairman of the Bar Association for Commerce, Finance and Industry. One of the earliest writers on economics, Adam Smith, wrote: “Consumption is the sole […]

Oppenhoff & Radler votes for radical shake-up of management structure

Oppenhoff & Radler, Linklaters & Alliance’s partner in Germany, is to undergo a radical management shake-up and select its first ever managing partner. The Cologne-based firm last week voted to appoint a managing partner, along with a new board and new system of administration. The move will bring its management structure in line with that […]

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