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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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Lawyers at play

Race horses, exhibitions, concerts and conferences are all sponsored by firms. But now Cheltenham firm Bretherton Price Elgoods has taken the concept to new heights. At the Cheltenham festival of literature the firm sponsored Chris Patten, the ex-Tory MP and former governor of Hong Kong. He gave a sell-out talk about his new book about […]

In brief: Freshfields recruits Wilde Sapte partner

Pratap Amin, a corporate and banking lawyer, will be joining Freshfields in London as a partner next month, with a brief to develop the firm’s business in India. Amin was previously a partner at Wilde Sapte.

Property

Stephen Blackshaw of Linklaters and Neil Seaton of Gouldens advised British Aerospace on the £285m sale of its property development business, Arlington Securities, to a consortium consisting of the Prudential Insurance Company of America and the Abu Dhabi Investment Authority. Cameron McKenna advised the consortium. Allen & Overy advised the credit facility providers HypoVereinsbank and […]

Linklaters snatches French team

Linklaters has recruited a team of French lawyers from leading Paris firm Gide Loyrette Nouel – its first expansion on the continent since the creation of its 1,900-lawyer alliance three months ago. Partners Thierry Vassogne, Olivier Diaz and Marc Loy will join Linklaters’ 42-lawyer Paris office from Gide’s 13-partner mergers and acquisitions department during the […]

Chambers must look to recruitment

Observers and leading members of the Bar are failing to address key issues, writes Stephen Graham. Stephen Graham is chairman of the Institute of Barristers’ Clerks and senior clerk at 4 Breams Buildings. Last Wednesday at the Inner Temple Hall, accountants and marketing consultants BDO Stoy Hayward presented their Report on Survey of Barristers’ Chambers. […]

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