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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

US firms smash pay scale for UK private equity talent

Top stars offered up to forty per cent on top of UK earnings as US firms enter into City bidding war Private equity lawyers are commanding the largest sums in UK legal history as US firms up the ante by poaching star partners in the face of escalating investment activity. According to The Lawyer’s research, private […]

Fresh start for McGrigors London after KPMG split

McGrigors has distanced itself further from its former allegiance with KPMG by signing an agreement for new offices in London. The firm is taking 33,000sq ft of space at 5 Old Bailey, enabling it to move its London operations out of its current location in the same building as KPMG’s offices at 1-2 Dorset Rise. […]

Former Ashurst managing partner quits for Shearman

Ashurst’s former managing partner Ian Nisse is leaving for Shearman & Sterling. The property partner, who served as managing partner from 1997 to 2000, is joining the US firm to set up its real estate practice, which it hopes to grow to three partners and 10 associates. Shearman has been searching for a real estate […]

Big, swinging clicks

One would think that being a partner at Slaughter and May would be reward enough, what with all that kudos. But that isn’t enough for some folks over at One Bunhill Row. Apparently, the way to tell if you’ve really made it is if you get to be the partner in control of… wait for […]

Careers: people

Thames Valley firm Pitmans has hired ex-Dechert corporate finance partner Janice Wall as a partner in the corporate commercial team. Wall, with Dechert for seven years, specialises in national and international M&A, property finance and joint ventures. Wiltshire firm Wood Awdry & Ford has boosted its Chippenham and Marlborough offices with the appointment of three […]

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