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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

Gunderson axes eight associates

West Coast firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian has axed eight associates in its second round of layoffs The cuts represent a 9 per cent reduction, taking the total number of associates to 82.New recruits take the strain as six of the cuts come from the 2001 autumn intake of associates.Gunderson laid off […]

Learning curve

Education law – the next big thing? A rising number of claims against schools and universities has already prompted some firms to launch dedicated education departments. Jennifer Currie reports on an emerging market Robert Boyd, head of Veale Wasbrough’s schools team, recollects: “When I started out there was no such topic as education law. But […]

Bingham and McCutchen Doyle merge to create Boston’s biggest

After eight months of talks Bingham Dana partners vote for merger; link-up creates 820-lawyer firm Bingham Dana is set to merge with San Francisco-based McCutchen Doyle Brown & Emerson, creating a national firm with 820 lawyers and revenues in excess of $400m (£273.9m). The two firms will formally merge in July, becoming Bingham McCutchen.Talks between […]

The World Cup blues

It’s not every day that a lawyer gets awarded The Order of the Sacred Treasure, Gold Rays with Rosette by His Majesty the Emperor of Japan. But after spending nigh on 40 years fostering relations between the US and Japan, which included setting up and running an office in Tokyo, Baker & McKenzie’s senior counsel […]

Clifford Chance fiddles with lockstep to win Brobeck team

Just as the magic circle firm says goodbye to the five Grimaldi superpointers, in come five more with a special pay deal Clifford Chance‘s decision to go ahead with the biggest lateral hire in the history of the legal profession and take on up to 21 partners from Brobeck Phleger & Harrison to open on […]

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