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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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The work-life quiz Jonathan marsh

What was your first-ever job?Selling advertising space for a second-hand car sales publication. It taught me about how far people will go when they rely on a commission-based income. What was your worst experience as a trainee?Applying for mortgage repossession orders at the County Court. I’d have people twice my age begging me not to […]

New London boss to spearhead Squire integration and profile push

Squire Sanders & Dempsey today announced its new managing partner of the firm’s London office will be a partner gained from the recent Haarmann Hemmelrath merger. Andrew Visintin, who along with his Haarman colleagues joined the Ohio-headquartered firm in February, will lead more than 30 lawyers in the London office. There was no leadership vote. […]

Comi manifesto

The introduction of new regulation has gone some way to defining businesses’ centres of main interest, but there’s still some explaining to do. By James Pickering The recent case of Eurofoods is the latest in the line of authorities to consider the meaning and impact of the centre of main interests (Comi) of the debtor. […]

Herbies teams up with Minters for Aussie smartcard scheme

Herbert Smith has scored its first instruction from the Australian government, aided by a personal relationship with a partner at Minter Ellison. The City and Australian firms are collaborating on a A$1bn (£404.36m) project to roll out access cards to 20-million Australians by 2010 in an attempt to streamline the existing complicated access to benefits […]

Washington DC merger creates 300-lawyer firm

Philadelphia-based Saul Ewing is looking to beef up its Washington DC presence by merging with employment boutique Schmeltzer Aptaker & Shepard. The agreement in principle to the merger, which would create a 300-attorney firm with six offices, was announced yesterday. The managing partner of Saul Ewing, David Antzis, said in a statement: “This expansion will […]

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