City firms show caution over rushing into liberalised Indian market…

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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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Midlands muddle

Plenty of lawyers put their brain power to use last week in response to a story that a survey had placed London well behind Bradford for law firm locations. Using the Backchat function, which allows lawyers to offer informed comment on all the breaking news of the day, a number of bloggers, most going under […]

Cadwalader launches IP practice

New York firm Cadwalader Wickersham & Taft has launched an IP practice, raiding IP firm Morgan & Finnegan for a trio of senior lawyers. The initial raid is the first step as the firm looks to roll out an IP practice across all of its offices, which include London and Beijing. Partner Christopher Hughes joins […]

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Norton Rose set to launch in Tokyo

Norton Rose set to launch in Tokyo” />Norton Rose is to open an office in Tokyo before Christmas to take advantage of Japanese companies investing in the Middle East. While no launch date has been set, the office will support Japanese-backed projects in the Middle East and will target sponsors and financial institutions. Peter Martyr, […]

No consumer apathy in Which? case, say lawyers

The lack of consumers named in Which?’s landmark representative action is not due to consumer apathy, according to lawyers on the case. Clyde & Co is advising the consumer group on its action, which involves suing retailer JJB Sports on behalf of people who bought overpriced replica England and Manchester United FC football shirts between […]

A&O, LeBoeuf take on Newfield divestment

Allen & Overy (A&O) and US firm LeBoeuf Lamb Greene & MacRae have secured the $486.4m (£243.87m) disposal of Newfield Exploration Company’s UK subsidiary to Centrica, the UK’s biggest energy supplier. The deal sees Centrica take an 85 per cent stake in the Grove gas field, which started production this summer, as well as an […]

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