Govt must centre on the needy

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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 top Irish list

Seven of the 100 nominees for Irish Business ’98 awards are lawyers. Among the nominations are: Richard Ferguson QC, solicitor Cliona O Tuama, and David Cooke, the London managing partner of Maclay Murray & Spens. Two Herbert Smith Partners have also made the list Margaret Mountford and Patrick Mitchell, as have Collyer Bristow’s Joanna Kennedy […]

A&O fails to get injunction after faxed evidence blunder

Allen & Overy has failed in its attempt to prevent documents it released by mistake being used by its opponents in long-running litigation. Mr Justice Lindsay last month refused to grant Allen & Overy an injunction on the use of four attendance notes which the firm had sent by mistake to seven defendants of a […]

Are snowballing mergers necessary?

For the third week running, The Lawyer’s front page reveals major City merger talks. Even Clifford Chance and Ashursts have been talking. Are all these mergers really necessary? Until only a decade or so ago, you could look around the City and find most of the same firms advising the same clients they had had […]

Eversheds and Freres plot merger

Eversheds London and Frere Cholmeley Bischoff are in merger talks that could save Frere Cholmeley from debt and allow Eversheds to both double its size in the capital and gain a Paris office. Questioned by The Lawyer, the two firms issued a joint statement confirming that they ‘are holding discussions to explore a possible merger. […]

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