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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

Law firm trio wins shard of glass deal

Eversheds, Norton Rose and Rosenblatt Solicitors have snared the key roles in a deal to secure a new funding package for the construction of Europe’s tallest building, the Shard of Glass at London Bridge. The loan was provided by Qatari Diar, which is owned by the emirate’s sovereign wealth fund, and was advised on by […]

Clydes spends £45m on international growth

Clyde & Co has borrowed nearly £45m to help fund its international expansion programme, the firm’s LLP accounts for 2007-08 reveal. The firm’s debt rose to £44.6m this year, following the expansion of its Middle East practice and the opening of two offices in the US in the last two years. Much of the money […]

Furley Page sets up shop in Lloyd’s building

Canterbury-headquartered firm Furley Page has opened in London in a bid to capitalise on the insurance market. The London office, which is housed in the Lloyd’s building, will be headed and primarily staffed by Furley Page consultant Gary Marshall, although lawyers from other locations are also set to make use of the office. Senior partner […]

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Tulkinghorn: two yaks, one cow and an after-dinner Minto

Tulkinghorn often hears of strange things happening over Christmas, but never involving yaks. Cloisters Chambers has broken that run by celebrating the ­festive season with the ­purchase of two hairy ­creatures from Save the Children. Yakety yak Tulkinghorn often hears of strange things happening over Christmas, but never involving yaks. Cloisters Chambers has broken that […]

Macfarlanes feels the heat

Macfarlanes feels the heat” />When Macfarlanes revealed it would be laying off up to 14 staff this week, perhaps the only surprise was that the announcement hadn’t come sooner (see story). The firm had always seemed a likely candidate for cuts. Not only has its corporate practice been hard hit by the credit crunch, but […]

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