In brief: Partnership group to be launched this week

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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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BCCI lawyers bring expensive war of attrition to cutprice end

The former auditors of collapsed bank BCCI have settled a six-year-long $11bn liquidators’ claim against them by paying just $195m. Lawyers close to the deal estimate that at least a quarter of the $195m ($50m) will have to pay the fees of the liquidators and their lawyers Lovell White Durrant. Legal fees over the six […]

Age of know-how

In an increasingly competitive and demanding business environment, law firms have come to recognise the economic value of managing the internal knowledge, experience and expertise daily generated and acquired in the course of client work. This “know-how” can become the source of decisive competitive advantages for a firm. Know-how provides the firm with the ability […]

CC grows in Germany

Clifford Chance has expanded its insurance practice in Germany by recruiting Dr Herbert Palmberger from CHUBB insurance company of Europe. Palmberger will work for Clifford Chance’s Dusseldorf office.

Linklaters ties up Thai shop in Bangkok

LINKLATERS has finally set up shop in Bangkok, ending doubts over the move given Thailand’s economic crisis. The partnership cleared the opening at the end of December. A team of six UK and Thai lawyers has been put together for the start-up. Chris King, identified by The Lawyer in September as the key lawyer being […]

Liquidators appeal to law lords

The law lords are deciding whether to hear an appeal by the liquidators of Park Air Services against a decision by the Court of Appeal on 22 July 1997 in a battle over money said to be due to Park Air under the lease of office buildings in Gray’s Inn Road, London. The liquidators sought […]

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