Cravath gifts Herbies early Xmas present with Ripplewood referral

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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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Linklaters scoops rare IT services IPO for Phoenix

Linklaters scoops rare IT services IPO for Phoenix” />Linklaters has won Phoenix IT Group as a new client after advising the company on the first initial public offering (IPO) by an IT services company in more than two years. The magic circle firm scooped the mandate to act for Phoenix on its £134.2m IPO after […]

Yule log

Lawyers should take advantage of the twelve days of Christmas to review their finances. David Dale provides the lowdown on how to extend your festive cheer The ghost of Christmas presentsChristmas is a time for giving and receiving – which in our modern, consumerist age usually means spending money. In order to make sure you […]

Slaughters and Cadwalader in grudge match on MyTravel

Wilkinson’s bid on behalf of bondholders failed, but the story isn’t over yet Slaughter and May and Cadwalader – old adversaries on workout litigation – have clashed over bondholder rights almost two years after the firms squared up to each other in the Colt Telecom case, in which the US firm was heavily criticised for […]

Australia’s opposition party slates legal fees

Australian lawyers have come under attack from the country’s opposition party over claims that high fees are preventing people from accessing the justice system. At a dinner to recognise community and legal services activism, shadow federal attorney-general Nicola Roxon accused the legal industry of impinging the public’s access to the justice system by demanding excessive […]

Wragges partners give way to profits

Birmingham giant Wragge & Co has become the latest firm to resort to managing out partners in a bid to bolster profits, The Lawyer can reveal. The programme has so far resulted in six partners exiting the 117-partner firm since the start of the current financial year. However, it is understood that, by April 2005, at […]

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