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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

Sonnenschein appoints new Chicago chief

Sonnenschein Nath & Rosenthal has a new head for its Chicago headquarters. Robert Messerly succeeds co-heads James Klenk and Pamela Baker. Klenk became managing partner in 2000 and was joined by Baker in 2002. Messerly has been at the firm for 19 years and was most recently vice-chair of the national real estate group.

Glaxo scoops King & Spalding partner to head IP

GlaxoSmithKline has hired a new global head of IP, scooping King & Spalding partner Sherry Knowles. Knowles will join as senior vice president and global head of the corporate intellectual property division in September, replacing David Roberts who is retiring. Before qualifying as a lawyer, Knowles spent several years at SmithKline Beecham as a pharmaceutical […]

Court of Appeal cases fall as Lords continues apace

The number of cases reaching the Court of Appeal is continuing to drop, while the House of Lords remains busy with a slew of administrative and public law issues. Research carried out for The Lawyer UK 100 Annual Report 2006 shows that barristers in the UK’s top 30 sets appeared in the Court of Appeal […]

Geldards pokes head above bushel

Geldards had a tremendous year, with turnover hitting £25.9m (up by around 16 per cent) and its average profit up to £240,000. “Who?” you say. Geldards, based out of Wales and the East Midlands, is perhaps not the most glamorous firm, and is certainly not the most high profile, but lights can be hidden. You […]

Notts Law School: is there anyone there?

How ironic. Just days after CMS Cameron McKenna announced its decision to insist its trainees attend BPP Law School to study the LPC, Nottingham Law School announced the management team for its new London branch. But with the addition of Camerons to the ever-burgeoning list of sole-provider firms, that same management team may soon be […]

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