CC takes BLP real estate partner in revenge raid

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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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A&O, Ashurst and SJ Berwin scoop £1bn Canary Wharf deal

Allen & Overy, Ashurst and SJ Berwin each landed a role advising on the £1bn sale of Citigroup’s Canary Wharf European headquarters, with the deal closing on Saturday night (30 June). Royal Bank of Scotland (RBS), which bought the building four years ago, sold the 42-storey property to a joint venture between Irish businessman Derek […]

Lovells’ smokers put out

With less than two days to go until England becomes a smoke-free zone, City law firm Lovells is being forced to close the doors on its smoking room for the last time. The firm has housed a designated room for smokers at its Atlantic House headquarters since moving into the building in 2000. However, under […]

BLP assists SFO with bribery investigation

The Serious Fraud Office (SFO) has been in contact with Berwin Leighton Paisner (BLP) in relation to a bribery investigation being undertaken by South African prosecutors. The South African investigation is looking into allegations that supplier of military aviation electronics Thales bribed the former vice-president of South Africa Jacob Zuma. The South African prosecutors contacted […]

Litvinenko suspect turns to Addleshaws for libel defence

Addleshaw Goddard has given preliminary advice on defamation to Andrei Lugovoi, the former KGB operative named by the UK Government as the chief suspect in the murder of Alexander Litvinenko. Lugovoi approached Addleshaws for advice in relation to potential remedies for the defamation he feels he suffered at the hands of the media. David Engel, […]

Knowing me, knowing you

Despite reservations from some, India will benefit from the liberalisation of its legal market. By Alex Pease We have all read newspaper reports that speak confidently of political moves to achieve liberalisation of the Indian legal market before the country’s general election in two years’ time. Whether these predictions turn out to be true or […]

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