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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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Forsters moves into new Berkeley Square home

Mayfair firm Forsters last week relocated to new premises next to Berkeley Square. The firm, which was launched in 1998, has taken on 23,000sq ft at Hill Street. The move provides Forsters with an additional 8,000sq ft of space and has allowed the whole firm to be under one roof. The relocation coincides with one […]

Foot Anstey Sargent in takeover of six-partner firm

South West firm Foot Anstey Sargent is to merge with Somerset-based Alms & Young on 1 May this year. Both firms offer a range of commercial and private client services to clients. The combined firm will have 32 partners and more than 270 fee-earners and staff, based across four offices in the South West. Predicted […]

Kirkpatrick lures Addleshaws star with US link

The London office of Kirkpatrick & Lockhart Nicholson Graham has poached experienced IT partner John Entstone from Addleshaw Goddard. Canadian Entstone said that he was keen to exploit the North American client base offered to Nicholson Graham & Jones following its January merger with US firm Kirkpatrick & Lockhart. “For a long time I’ve wanted […]

TfL head of legal leaves position for non-legal alternative

Transport for London’s (TfL) head of legal Betty Morgan has quit the government agency. Morgan, who is high-profile general counsel Fiona Smith’s deputy, led TfL’s legal department for a while last October after Smith took six months’ extended leave. Smith returned to her role earlier this year. A TfL spokesperson confirmed that Morgan is leaving […]

Jenkens & Gilchrist NY office defects wholesale to Atlanta firm

Atlanta’s Troutman Sanders has made a dramatic New York debut after securing the entire 91-lawyer Manhattan office of Texan Jenkens & Gilchrist. As reported by New York Lawyer on Friday (4 March), Jenkens & Gilchrist acquired the office just four years ago in 2001, following its merger with New York’s Parker Chapin, a firm regarded […]

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