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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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Parish’s actions speak louder than his words

09-Nov-2007Parish’s actions speak louder than his wordsBack in February Norton Rose’s banking chief Stephen Parish lashed out at rival firms following a disastrous week in which Ashurst poached his head of energy in the Middle East and Herbert Smith took two of his finance partners. Back in February Norton Rose‘s banking chief Stephen Parish lashed […]

Separated at birth

Cast your mind back to the mid-1980s and the delights of The Russ Abbott Show. The show’s most famous character, C U Jimmy, finished third in a Glasgow Herald poll to find ‘The Most Scottish Person In The World’. (First place was Jimmy Krankie, oddly.) It is understood that Shearman & Sterling‘s London managing partner […]

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Clifford Chance set to launch gay network

Clifford Chanceset to launch gay network” />Clifford Chance is setting up a lesbian, gay, bisexual and transgender (LGBT) network just months after settling a sexual orientation discrimination claim from former competition partner Michael Bryceland. Gay rights advocacy group Stonewall called the firm’s LGBT policy into question and requested a meeting with the magic circle firm […]

1

Lovells sees 10 per cent turnover rise at half year

Lovells has reported fee income of £225m for the first half of the 2007-08 financial year, a rise of 10 per cent on last year’s figures. At the half way stage last year the firm reported a year on year rise of 4 per cent. While this year’s growth figure is a significant improvement on […]

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Trademark changes: good for lawyers, bad for owners

On 1 October 2007 a new system for examining UK trademark applications was introduced. The UK Intellectual Property Office (UK IPO) will no longer reject trademark applications on ‘relative grounds’. Relative grounds include conflicts with prior existing UK and EU registered trademarks and applications. The UK IPO will now simply notify the applicant of any […]

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