CC’s Medwick to serve second terms as US chief

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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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Slaughters pockets £9.4m in Rock Government fees

Slaughter and May earned £9.4m in fees from the collapse and nationalisation of Northern Rock, it was revealed today. Slaughter and May earned £9.4m in fees from the collapse and nationalisation of Northern Rock, it was revealed today. The figures from the National Audit Office, reported in The Times, show that legal and financial advisers […]

Special Reports: Commercial & Chancery

This month the Commercial Court Users Committee adopted, for a trial period, recommendations from a working party set up in 2007. Practice area: Commercial & Chancery This month the Commercial Court Users Committee adopted, for a trial period, recommendations from a working party set up in 2007. The changes intend to sharpen the court process, […]

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Focus: Orchard Solicitors, Til debt do us part

Epitomising the term ‘boom and bust’ is Orchard Solicitors, the collapse of which left individual partners’ future earnings tied up with creditors for five years or more and which should leave equity partners everywhere looking over their shoulders Law firms are going under. In the current economic climate those that expanded too quickly during the […]

Macfarlanes turns to Dresdner for rare lateral hire

Macfarlanes has recruited a partner from Dresdner Kleinwort bank in an unusual move for the firm, which rarely makes lateral hires. Macfarlanes turns to Dresdner for rare lateral hire” />Macfarlanes has recruited regulatory partner David Berman from Dresdner Kleinwort bank in an unusual move for the firm, which rarely makes lateral hires. Berman will join […]

Cherie Booth

Pension tension

Cherie Booth QC found herself back in the headlines this week, this time as the champion of two pension funds aiming to get the Royal Bank of Scotland (RBS) and Sir Fred Goodwin into a US courtroom. Cherie Booth QC found herself back in the headlines this week, this time as the champion of two […]

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