In brief: Clifford Chance

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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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Sidley & Austin poaches partner from rival US firm

International law firm, Sidley & Austin has poached Robert Asher from the London office of US firm, Hogan & Hartson and installed him as partner in the corporate group. The US qualified lawyer joined Sidley & Austin’s London office yesterday and will boost the team of US lawyers working on finance, securities and acquisition deals. […]

Australian lawyer beats off contempt ruling

An Australian lawyer who called a supreme court judge a “w*nker” was not guilty of contempt of court, another senior judge has ruled. Solicitor, Simon Harry Parsons, was charged with contempt after another solicitor reported him for accusing Justice Barry Beach of “having his hand on his dick”. The comments were made when Parsons was […]

Weil Gotshal beats CC to u8bn telecoms deal

Weil Gotshal & Manges has beaten Clifford Chance in the fight to advise MediaOne on its multi-billion pound sale of One2One to Deutsche Telekom. The u8.4bn deal is the first major transaction Weil Gotshal has handled in the UK since Mike Francies, head of corporate and joint head of the London office, left Clifford Chance […]

Clifford Chance loses Chinese partner to Jones Day

US firm, Jones Day Reavis & Pogue has roped in former Clifford Chance partner, Winston Zhao to help set up the firm’s new Shanghai office. Zhoa joins Jones Day from Clifford Chance’s Shanghai practice – the first international law firm to open up in that city in 1993 when the Chinese Ministry of Justice relaxed […]

Demonstrating a need for reform

Ted Baskerville argues for the use of demonstrative evidence for juries in complex cases of white-collar crime. Ted Baskerville is managing director of Buchler Phillips Lindquist Avey, forensic and investigative accountants, affiliated to the Kroll O Gara Group. As an investigative and forensic accountant, I am deeply interested in the effective prosecution of fraudsters. It […]

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