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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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Travers Smith leads in scramble for telecoms

Travers Smith Braithwaite is advising US company NTL on its u8bn bid forCable & Wireless subsidiary Cable & Wireless Communications (CWC),represented by Linklaters.Telewest, represented by Freshfields, was considered the frontrunner tobuy CWC after bidding u8bn in April.But NTL made its own u8bn bid in June, and last week Cable & Wireless,represented by Allen & Overy, […]

In brief: Pinsent Curtis

Pinsent Curtis’ managing partner John Pratt is trying to persuade the Government to introduce a new Company Act. As chair of a Birmingham Chamber of Commerce and Industry Committee, Pratt proposes a 10-point plan designed to modernise the country’s “over-complicated and archaic company law system”.

Jumbo rental firm challenges noise rules

Roger Pearson reports on a jet leasing company’s bid to overturn EuropeanCommission regulations in the High Court.The High Court has paved the way for a legal challenge to new ECregulations aimed at reducing noise and gas emissions from aircraft.Council Regulation (EC) No 925/199 came into force on 8 May this year, butis not due to […]

Takeover rivals enlist US firms for oil battle

French oil rivals Elf Aquitaine and TotalFina.Jones Day Reavis & Pogue has martialled 18 lawyers from its Paris, NewYork, London and Washington offices to represent TotalFina in a hostiletakeover euro42bn (approx u28bn) bid for Elf made on 5 July.Now Elf has enlisted Sullivan & Cromwell and Cleary Gottlieb Steen &Hamilton to muster a combined team […]

It's been a good week for…

International sports lawyers, who are queueing up to offer legal advice toAustralian player Simon Colosimo, whose knee had to be reconstructed afterbeing tackled by Man U striker Andy Cole during a match against theAustralian national team in Melbourne last week.Litigants in person. There are so many amateur “lawyers” keen to representthemselves in court that the […]

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