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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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No. 1 Serjeants Inn gets new base and name

Professional negligence set No. 1 Serjeants Inn is moving into new premises in January and changing its name at the same time. The 37-strong chambers has been forced to leave its current building, off Fleet Street, which it used to share with law firm Dechert, due to redevelopment. Its new location – and name – […]

Ashurst, Fried Frank, Travers scoop NTL/Virgin roles

Ashurst, Fried Frank Harris Shriver & Jacobson and Travers Smith are celebrating after landing roles to advise NTL on its £817m bid for Virgin Mobile.Virgin Mobile, which floated on the London Stock Exchange last year, confirmed this morning (5 December) that the company has received an approach from NTL. According to reports NTL has made […]

Employee benefits

Employees now hold all the cards in the recruitment process. Claire Cavanagh reports.

Perrin quits Osborne Clarke

Osborne Clarke senior partner Leslie Perrin has announced he is retiring from the partnership after 16 years with the firm. Perrin, who spent nine years as managing partner, has played a key role in growth of the Bristol-based firm. Perrin said he was leaving Osborne Clarke to pursue a fresh career outside the firm. “I […]

Firm profile: Matthew Arnold & Baldwin

Joint managing partners: Iain Donaldson and Steven Mills Turnover: £11.5m Total number of partners: 22 Total number of fee-earners: 90 Main practice areas: Commercial litigation, banking, commercial property, corporate and commercial, residential property, tax, trusts and probate Key clients: Barclays, Europcar, Nissan, Hilton International, AIB, Baker Tilly, Computacenter Number of offices: Two Location: Watford and […]

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