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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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A&O helps pop stars create charity song

Allen & Overy (A&O) is working with some of the biggest names in the music business as part of its work with longstanding pro bono client and homeless chairty Crisis. The magic circle firm has negotiated contracts and exclusivity waivers for musicians Beth Ditto from The Gossip, Paul Weller and Bloc Party as part of […]

BLP creates East London pro bono offering

Berwin Leighton Paisner (BLP) has used National Pro Bono Week to launch its first law clinic and to sign up to a pro bono protocol. The firm has opened a free legal advice centre at Sonali Gardens Community Centre in Shadwell, in conjunction with solicitors pro bono group LawWorks, offering local residents advice on housing […]

Travers lands 3i lingerie deal

Travers Smith has lent its support to private equity house 3i in the purchase of a £60m majority stake in designer lingerie chain Agent Provocateur. Corporate partner Chris Hale, who manages the relationship with 3i at Travers Smith, led the purchase with corporate partner David Innes. Husband-and-wife founders of Agent Provocateur, Joseph Corré and Serena […]

Revealed: 25 per cent of barristers want partnerships

Almost a quarter of barristers want to see law firm-style partnership and corporate structures at the bar. Almost a quarter of barristers would like to see law firm-style partnership and corporate structures at the bar, new research by the Bar Standards Board (BSB) has revealed. The BSB’s first major research project since its formation in […]

McDonald’s hire kicks off legal expansion plan

McDonald’s head of legal Della Burnside has made her first move to develop the fast food operator’s legal function since taking control of the department in June. Burnside has doubled the size of the legal team at McDonald’s through the hire of CMS Cameron McKenna associate Mandy Miller, who has been brought in to work […]

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