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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 […]

Recommended

Olswang scoops double media deal

Olswang corporate partner Mark Bertram has acted on two media-related transactions. Bertram led the team that scored the lead role on the creation of 24-hour news radio station Sky News Radio, advising long-time client Chrysalis Radio on its joint venture with Sky Ventures to provide the service. The Olswang team included corporate associate Roisin Thomas […]

Qualcomm GC quits following £20m patent defeat

The general counsel for the world’s second-largest mobile phone chip maker Qualcomm has quit after losing a massive patent case. Lou Lupin stepped down from his post as general counsel yesterday following a court ruling ordering Qualcomm to pay $39.3m (£19.6m) to smaller rival company Broadcom for violating three Broadcom patents on cell phone technology […]

Cambridge Press pulps books after Kendall win

Cambridge University Press has pulped all unsold copies of its 2006 book Alms for Jihad after Kendall Freeman won a High Court libel action against the publisher. The publisher will also ask 200 libraries to remove the book from their shelves. It is only the fourth time that this method of settlement has been used […]

Bakers gets ahead of itself

Baker & McKenzie‘s global revenue hit $1.829bn (£910m) in the 2007 financial year following a rise of 20 per cent (see story). It’s pretty impressive stuff, particularly as it means the firm has already reached the figure it had targeted for 2008. That’s great news for the firm on the one hand, but on the […]

BLG plugs Asia gap with City partner

Barlow Lyde & Gilbert (BLG) has reacted to the resignation of Singapore head David Johnston with the emergency transfer of London-based aviation partner Mert Hifzi. As yet the firm has not named a successor for Johnston, who has left to head the newly launched Singapore offcie of aviation boutique Gates & Partners. BLG senior partner […]

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