Clinton’s fleecing visit

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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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It’s all about the money honey

The market’s been buzzing all day about the latest massive salary hike by a US firm. As we reveal today, Weil Gotshal & Manges has raised its newly qualified salary to £90,000 – within shouting reach of London’s other big payers Latham & Watkins (£96,000) and Cleary Gottlieb Steen & Hamilton (£92,000). The market’s been […]

Freshfields: Ted Burke

Freshfields has undergone a tumultuous 12 months that could have rocked lesser firms. But chief executive Ted Burke believes the firm can use recent events as a springboard to bigger things The 2006-07 financial year was Freshfields Bruckhaus Deringer’s annus horribilis. The period of painful restructuring that saw 100 partners culled from the magic circle’s […]

Former Bakers chief named French finance minister

Baker & McKenzie‘s former chairman Christine Lagarde has been promoted to finance minister in Nicolas Sarkozy’s French government, the first woman to hold the post in the country. Lagarde left Bakers in 2005 to become the French minister for foreign trade. On the formation of Sarkozy’s government a month ago she was given the position […]

German trio boosts Lovells litigation team

Lovells has boosted its dispute resolution team in Germany with the hire of a team from German independent Aderhold von Dalwigk Knüppel. Partner Jürgen Witte, counsel Kim Mehrbrey and at least one associate will join Lovells’ Düsseldorf office, boosting the practice to more than 40 lawyers in Germany. Witte said he joined Lovells for a […]

Olswang picks up Strada divestment

Olswang has cemented its relationship with longstanding client Richard Caring by advising on the sale of his Strada restaurant chain and the acquisition of leisure company Mark Birley Holdings. Corporate partner Tina Cowen led the team on the Strada sale, assisted by associates and trainees in the corporate, employment, tax and real estate practices. The […]

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