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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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Team of 4-5 Gray’s Inn clerks follows barristers to 39 Essex Street

A team of four clerks has left 4-5 Gray’s Inn Square to join 39 Essex Street just months after 24 barristers did the same. 4-5 Gray’s Inn senior clerk Michael Kaplan will join 39 Essex Street today along with Richard Bulaitis, Anthony King and Daniel Perry. Kaplan and his team officially left 4-5 Gray’s Inn […]

David Barnes

Team of 4-5 Gray’s Inn clerks follows barristers to 39 Essex Street

A team of four clerks has left 4-5 Gray’s Inn Square to join 39 Essex Street just months after 24 barristers did the same. 4-5 Gray’s Inn senior clerk Michael Kaplan will join 39 Essex Street today along with Richard Bulaitis, Anthony King and Daniel Perry. Kaplan and his team officially left 4-5 Gray’s Inn […]

1

Salans partners to double capital contributions when Dentons merger goes live

Salans partners in London are being asked to contribute 50 per cent of their previous year’s remuneration as capital when the firm merges with SNR Denton and Canada’s Fraser Milner Casgrain in the coming months. The combined firm’s UK arm will take on SNR Denton’s capital structure, which requires lawyers to put half of their […]

1

Bredin Prat joiner takes lead role on Virgin Megastore insolvency

Bredin Prat partner Olivier Puech has picked up a mandate from collapsed French entertainment company Virgin Megastore just days after joining the firm from Gide Loyrette Nouel. Virgin Megastore, which is majority-owned by private equity group Butler Capital Partners, filed for insolvency last week and was put into court-appointed administration on Monday (14 January). Like […]

Freshfields and Slaughter and May advise on £1.5bn Stansted Airport sale

Freshfields Bruckhaus Deringer and Slaughter and May have advised on the £1.5bn sale of Stansted Airport. Britain’s fourth largest airport was sold late on Friday night after Ferrovial-controlled BAA was forced to sell off assets by the Competition Appeal Tribunal (CAT) (2 February 2012). The Freshfields team, led by City corporate partners Laurie McFadden and […]

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