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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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Eversheds rescues Kwik Save in nine-hour race against the clock

EVERSHEDS, North West firm DWF and Linklaters have all acted in an against-the clock bid to save supermarket chain Kwik Save from collapse. Eversheds advised KPMG’s business rescue team – members of which were appointed as administrators after advising Kwik Save on its restructuring – in a scheme to relaunch the company under new brand […]

Hammersmith residents fight to halt legal centre funding cut

The London Borough of Hammersmith & Fulham is being sued by three legal advice centre users to stop it cutting grants to the local law centre. The three citizens, Hodan Ali, Sosen Assefa and Yasmine Pettigrew, all live or work in Fulham and have applied for a ‘fast-track’ order for the case to be heard […]

Pinsent Masons: David Ryan

‘Every one matters’ is Pinsents’ new mantra. Managing partner David Ryan tells The Lawyer just how he plans to put those words into practice Name: David RyanFirm: Pinsent MasonsTitle: Managing partnerFirm turnover: £192.4mNumber of fee-earners: 1,008David Ryan’s CVEducation:1982: St John’s College, Oxford, BA law1986: London and Chicago Business Schools, MBAWork History:1983: Trainee, Freshfields Bruckhaus Deringer1985: […]

SJ Berwin boosts CMT team

SJ Berwin has hired consultant Stewart White from communications company Bell Pottinger into its communications, media and technology (CMT) team. White is the former group public policy director at Vodafone and worked on the mobile phone company’s acquisition of German operator Mannesmann in 1999. The SJ Berwin team recruited head of outsourcing David Meredith earlier […]

Trowers chief dismisses new Middle East competition

Trowers & Hamlins senior partner Jonathan Adlington has dismissed claims that top City firms launching in the Middle East pose a threat to the firm’s own local practice. Adlington made the bullish statement in the July edition of The Lawyer Podcast, which is a radio-style programme available on the internet. It is available to listen […]

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