Comment and Analysis:Column. The legal profession must not be allowed to lose its way

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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

Property

Simon Cookson of Ashurst Morris Crisp advised NatWest on the £226m sale of the International Financial Centre, formerly the NatWest tower, to a partnership of three firms: Greycoat, advised by David Paterson of Herbert Smith; Mercury Asset Management, advised by Nabarro Nathanson; and Hermes, advised by Maxwell Batley.

Forsytes consigned to history

WEST END firm Forsyte Saunders Kerman will split in September with its 11-partner property department going to Lawrence Graham and six partners going to Holborn insurance litigation practice Edward Lewis. The 19-partner Forstyes has shrunk from 30 partners since it formed after the merger of Forsyte Kerman with Saunders Sobell Leigh & Dobin in December […]

Quotes of the week

“Do you want a sister in Saudi Arabia without a head or without a lawyer?” – Rodger Pannone’s advice to the brother-in-law of British nurse Deborah Parry during the Saudi nurses case. See interview, page 1 “We don’t have to rethink our strategy – Peter Cornell, Clifford Chance’s joint managing partner in Europe, on the […]

Comment and Analysis: Two plus two makes five at Cameron McKenna?

One year after the merger and there have been no major ructions, but revenue is not exactly flooding in, reports Robert Lindsay. “And this is our new staff dining room,” enthuses Robert Derry-Evans, Cameron Mckenna’s managing partner. “People love it. We’ve put a glass roof on it.” At first Derry-Evans’ pride in a new dining […]

It has been a bad week for…

Israel’s criminal justice system, the reputation of which received a mauling during the trial of businessman Nahoum Manbar, jailed for selling chemical weapons to Iran. During the trial, his lawyer Amnon Zichroni caused a sensation when he alleged a young intern on his team, 26-year-old Pninat Yanei, had had an intimate relationship with the judge […]

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