Clifford Chance star Benedict seals Milbank move

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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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Virgin territory

The British Virgin Islands has recently introduced legislation aimed at satisfying international regulatory requirements, and more is planned. By Stephen Moverley Smith During the late 1990s a number of low-tax jurisdictions, including the British Virgin Islands (BVI), were the subject of a concerted campaign by a number of pan-jurisdictional entities, such as the EU, the […]

Law Soc president warns of ‘far-reaching’ reform

The President of the Law Society warned last week that solicitors face “the most far-reaching reform of the profession in decades”. Speaking at the Law Society Annual Conference in Birmingham on Friday (15 October), Edward Nally said that “the Law Society Council has mapped out a vision” for reformation of the way the profession is […]

Berrymans recruit new health and safety head

Berrymans Lace Mawer has hired a partner in Manchester to head up its health and safety team. Chris Green joined Berrymans last week (11 October) from Hammonds, where he was a senior solicitor. Green defends and prosecutes cases involving breaches of health and safety and environmental laws. Recently he has advised construction companies on fatal […]

RFU scoops Farrer’s head of sport as new legal chief

The Rugby Football Union (RFU) has taken Farrer & Co‘s top sports lawyer to be its new head of legal.Karena Vleck will be replaced as head of the sports group at Farrer by senior partner Robert Clinton. Vleck will be head of legal and company secretary at the RFU. Clinton is an active member of […]

BLP and FFW both land new hotel sector clients

Berwin Leighton Paisner (BLP) and Field Fisher Waterhouse (FFW) have scored a client win apiece in the hotels sector. BLP advised property manager Marylebone Warwick Balfour (MWB) on its acquisition of the Hotel Du Vin hotel chain for £66.4m in its first direct instruction from MWB. The deal follows work that BLP undertook for boutique […]

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