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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 […]

Recommended

New management for Geordies

Newcastle-based Robert Muckle has appointed a new senior partner and re-elected its managing partner. Hugh Welch, who has previously held both the managing and senior partner roles, takes over as senior partner from commercial partner Ian Gilthorpe, who has returned to a full-time fee-earning role at the end of his three-year term. Managing partner Stephen […]

Ashurst takes role on Congolese oil sell-off

Ashurst has advised on the $155m (£77.83m) purchase of two oil assets in the troubled Democratic Republic of Congo (DRC). The firm advised London-based Burren Energy, an existing client, which purchased a 5.5 per cent stake in the M’Boundi oilfield and a 2 per cent interest in the exploration licence for the surrounding Kouilou area. […]

UK firms consider IPOs to retain staff

A growing number of UK law firms are contemplating a listing, according to the corporate finance house behind the 2001 AIM float of patent and trademark practice Murgitroyd & Company. Noble & Co, the advisory and broking arm of investment bank Noble Group, has based its comments on the results of independent research it commissioned […]

Coroner says Freshfields associate death was accidental

The Southwark coroner delivered a verdict of accidental death in the case of Matthew Courtney, the Freshfields Bruckhaus Deringer associate who fell to his death at the Tate Modern gallery in February. The coroner said today (15 May) that there was insufficient evidence to rule that Courtney, 27, committed suicide, which was the intimation of […]

Trowers’ Randall in local govt title fight

Malcolm Iley, Trowers & Hamlins‘ so-called Godfather of local government lawyering, has stepped down as the firm’s head of public sector. Although remaining with the team in a fee-earning role, he hands over the reins to stalwart and former deputy Helen Randall, a rising star in the local government firmament and a member of The […]

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