CC loses three more CMT lawyers

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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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RPC advises Swedish industrial giant on acquisition of Scottish oil services company

Reynolds Porter Chamberlain (RPC), the commercial law firm, advised Atlas Copco, the Sweden-based international industrial company on their purchase of Dundee-based Kolfor Plant Ltd. Kolfor is a specialty services company renting equipment to the oil and gas industries. The company has 36 employees and turnover of over £3.7m. The company rents generators, compressors, sub sea […]

Blake Lapthorn works for free to win PMA job

Blake Lapthorn Linnell has replaced Manches as the principal legal adviser to the Property Managers Association (PMA) by offering to work free of charge. The firm, led by head of retail Stanley Beckett, has been appointed as the new sole legal adviser to the association, which represents the interests of the retail sector. The firm […]

Lovells keeps it in the family with major instruction for Active Hotels

Lovells has reinforced its longstanding family ties with Active Hotels by advising the online travel provider on its sale to giant US competitor priceline.com. In a deal worth approximately £90m, the magic circle firm represented the travel firm, which is owned and co-founded by Andrew Phillipps, son of former Lovell White & King (now Lovells) […]

Herbies partner to join City migration to the bar

Herbert Smith partner Dr Julian Lew QC will become the latest partner to quit a City firm for a new life at the bar, when he joins 20 Essex Street in April 2005. Lew, one of the few solicitor-silks, plans to pursue his ambition to become a full-time arbitrator at the set. The announcement follows […]

The work-life quiz

Malcolm Price, managing partner, BPE Solicitors What was your first ever job?Saturdays at a photographers in Birmingham’s Great Western Arcade. It only paid £1, but to a 14-year-old, the assistants were goddesses. What was your worst experience as a trainee?Visiting the cashier. She was fierce, ancient, sat at a high desk on a stool, wrote […]

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