Hammonds beats rival firms to act for Oxonica

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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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And then there were three: CC sees another West Coaster depart

Clifford Chance’s ever depleting US operation has been hit with a departure from its West Coast office as James Lico jumps ship to Kirkland & Ellis. Lico’s exit leaves just three partners within Clifford Chance’s West Coast operation, including Tower Snow, the former chairman of Brobeck Phleger & Harrison, who led a team of partner […]

Grapevine

Reds bedevilledAllen & Overy was last week targeted by angry Manchester United fans when it became public that the magic circle firm was advising Florida tycoon Malcolm Glazer on his takeover bid for the club. The firm has so far avoided the pizzas and rubbish skips that Glazer’s public relations adviser Brunswick has reportedly received. […]

RFU scoops Farrer’s head of sport as new legal chief

The Rugby Football Union (RFU) has taken Farrer & Co‘s top sports lawyer to be its new head of legal.Karena Vleck will be replaced as head of the sports group at Farrer by senior partner Robert Clinton. Vleck will be head of legal and company secretary at the RFU. Clinton is an active member of […]

High Court strikes out FT libel claim

The High Court today struck out the record £230.5m claim for special damages made by City stockbrokers Collins Stewart Tullet in its libel battle with the Financial Times (FT). The company was seeking the damages following an article that alleged financial wrongdoing and which, it claimed, caused a large fall in its share price. The […]

Italy slammed for protracted court system

ITALY has been criticised at the Council of Europe for failing to push through judicial reforms necessary to speed up its often tortuously slow court procedures. The Council, which is independent of the EU, considers Italy in breach of the European Convention on Human Rights because of the inefficiency of its civil proceedings. It says […]

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