Herbies steers RAC through acquisition by Aviva

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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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Scottish Water set to review panel

Scottish Water is poised to launch a review of its external legal advisers The public company, which was formed in 2002 following the merger of Scotland’s east, west and north water authorities, is planning to put all of the law firms it instructs through a competitive tender exercise later this year. The water company conducts […]

Firm profile: Thring Townsend

West Country firm Thring Townsend has had an eventful few years. Since the 2000 merger the firm has moved away from its private client roots and focused on commercial work. In the process, it shut its bulk mortgage and conveyancing arm in July 2003, making 75 redundancies and cutting £2m in turnover. Managing partner : […]

Legal Widow

Subjudice has commandeered the Lawyer’s firm to help her win the school’s mock election, due in May. They’re running it like a US presidential campaign, so we’re in the midst of the primaries now: the parties elect a leader and create a new school curriculum as their manifesto, and they will have to face various […]

CC scoops $3bn Philip Morris acquisition

?Philip Morris has agreed to buy the remaining 60 per … Clifford Chance has scooped an instruction to advise longstanding client Philip Morris International on its acquisition of a 60 per cent stake in the second largest cigarette company in Indonesia. Philip Morris has agreed to buy the remaining 60 per cent majority stake in […]

Dechert finds home comforts – at last

Dechert London concluded its protracted search for new premises after finalising a deal to take up new offices at Times Square. The Philadelphia-based firm has finally signed a lease to take on 55,000 sq ft at Times Square, 160 Queen Victoria Street with an option to take additional space. The new office will accommodate 280 […]

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