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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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Freshfields, Linklaters in German partnership cull

Linklaters in German partnership cull” />Freshfields Bruckhaus Deringer and Linklaters have both shaken up their German partnership to deal with underperformance and overpartnering. Linklaters has taken the most radical steps after implementing plans first revealed in The Lawyer (28 June) to reorganise 19 German equity partners. Freshfields has opted for a a softer approach, but […]

Skadden brings in Chicago ace for Moscow post

Skadden Arps Slate Meagher & Flom has appointed joint heads for Moscow, drafting in Chicago-based project finance and M&A specialist Dmitri Kovalenko. He will become European counsel and co-head of the office along with resident lawyer Alexey Kiyashko. Partner Pranav Trivedi will continue to split his time between London and Moscow, advising on international corporate […]

For the record…

In the McDonald’s Restaurants Client File (5 July), Hamlins should have been cited as the fast-food chain’s external adviser on marketing matters, rather than Trowers & Hamlins as stated. In the Human Resources Special Report (12 July), Bond Pearce’s trainee retention rate should have been 75 per cent and not 25 per cent as stated.

Careers: in brief

STL Group, the UK’s largest comprehensive legal services company, has appointed a new non-executive director to its board. Hugh Dunsmore-Hardy has joined STL Group from the National Association of Estate Agents, where he held the post of chief executive for nearly nine years. Dunsmore-Hardy will head up STL’s Home Information Pack (HIP) development team, working […]

Birmingham City Council in law panel revamp

Birmingham City Council is in the final throes of reviewing its legal panel. The council is renewing the property, public law and social services panel that was launched in January 2002. That line-up comprises six firms: Browne Jacobson, Eversheds, Hammonds, Martineau Johnson, Mills & Reeve and Pinsents. In addition, the council is extending the panel […]

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