In brief: Salans Hertzfeld & Heilbronn

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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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PI expert quits Hodge Jones for Alexanders

Personal injury specialist firm Alexander Harris has poached Gulf War syndrome litigation solicitor Richard Barr and his team from Hodge Jones & Allen, reigniting fury over the award of the controversial legal aid contract. Barr and six specialist fee earners are now at Alexander Harris’ London office. However, the move means Barr loses both the […]

Freshfields looks to the East after Dutch move

Freshfields plans to open offices in Poland after poaching four Dutch lawyers for its new Amsterdam office. Freshfields’ chief executive, Alan Peck, says that the Dutch office completes the west European picture for the firm. “We are now turning our sights to eastern Europe and India,” he says. “The boys have been sniffing around Poland […]

Survey reveals threat to mid-sized sets

Medium-sized barristers’ chambers are being squeezed out of the profession, according to the most comprehensive survey ever of the Bar. Chambers with between 11 and 30 members are the most vulnerable with more sets in this category losing members than gaining them. Over 50 per cent of barristers switching sets moved to larger sets with […]

CC sends Latin America chief to Tokyo practice

Clifford Chance’s London head of its Latin American practice is being posted to Tokyo to boost its Far East operation. It is expected that US firm Rogers & Wells, if its merger with Clifford Chance goes ahead, will then take control of Latin America from its New York office. Stephen Roith will move in September […]

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