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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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Jenkens rejects Coudert comparisons

The dissolution of Jenkens & Gilchrist’s satellite offices was decided as early as last summer, it has emerged. Dallas-headquartered Jenkens has also confirmed that it is in emergency talks with Virginia firm Hunton & Williams, among others, about taking on a number of Dallas-based lawyers, where Jenkens currently has 124 fee-earners. One departing partner told […]

Oxley quits politics for law firm

The co-author of the infamous Sarbanes-Oxley Act has entered private practice, joining Ohio-headquartered Baker Hostetler in Washington DC. Michael Oxley, who was an Ohio representative (the US equivalent of an MP) in Congress until January of this year, will join Baker Hostetler’s 80-lawyer Washington DC office as of counsel, and will build up a public […]

Paul Hastings bags finance team from Orrick

Paul Hastings Janofsky & Walker has continued expanding its finance and restructuring practive, following a two-partner raid on Orrick Herrington & Sutcliffe. Partners Thomas Kent and Anthony Princi have joined the firm’s offices in New York and London. Princi, who was previously the co-head of Orrick’s global bankruptcy and debt restructuring group specialises in creditor-side […]

DCA drive pays off with diverse judiciary

The Department for Constitutional Affairs (DCA) diversity drive is paying off with black and ethnic minority appointments to the judiciary shooting up 60 per cent last year. The DCA diversity report reveals black and minority ethnic appointments rose from 30 new judges in 2005 to 48 last year. The number of women appointed to the […]

Amy Tu: Boeing

As Boeing looks to spread its wings, international counsel Amy Tu has been charged with ramping up her in-house team and finding external advisers in the UK. By Caroline Binham

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