France’s Lefèvre Pelletier boosts China practice with TransAsia hire

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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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Clifford Chance on standby to advise Barclays on SFO Qatar probe

Barclays is understood to be seeking further advice from Clifford Chance after the SFO launched an investigation into Qatar payments. The regulator, which has the power to set criminal sanctions, is probing fees paid to the sovereign investor Qatar Holding in 2008. The new investigation will run in parallel with the FSA’s similar examination of […]

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Beauty and the beast of regulation

The cosmetic surgery industry should strive now for self-regulation before a DoH review reaches its conclusion A recent survey showed that many people consider the cost of surgery more important than the qualifications of the people undertaking it or the aftercare provided. Of course, as we saw with the PIP implant story earlier this year, […]

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Freshfields, Linklaters and Morgan Lewis advise as Rosneft teams with Statoil

Freshfields Bruckhaus Deringer, Linklaters and Morgan Lewis & Bockius have all been retained as advisers as Russian state-owned energy giant Rosneft signed four new joint ventures to explore oil and gas fields in the Arctic and Pacific Oceans with Norwegian rival Statoil. The deal will see the two companies jointly explore Rosneft’s estimated 100bn tonnes […]

Paul Wilson
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Shakespeares to cut 54 jobs post-merger

Shakespeares looks set to axe 54 jobs following its merger with Harvey Ingram. The firm has announced proposals to make 41 back office redundancies, with a further 13 lawyers shown the door. Three of the smaller offices in Bedford, Shipston-on-Stour and Moreton-in-Marsh will close at the end of the month. Most employees in these offices […]

37

Addleshaw Goddard loses in mammoth CFA case Berezovsky v Abramovich

Mrs Justice Gloster has thrown out claims totalling $5bn brought by Russian oligarch Boris Berezovsky against Chelsea FC owner Roman Abramovich, handing a huge defeat to Addleshaw Goddard. In her ruling, Gloster J told a packed courtroom at the Rolls Building that Berezovsky had been an unreliable witness whose “I blame my lawyers” excuse was […]

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