LDA fires starting gun on Olympics with new panel

Long-awaited panel hands eighteen firms plum regeneration work; unsuccessful firms may appeal

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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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DWS ponders LLP as BLP takes the plunge

Berwin Leighton Paisner has agreed to convert to limited-liability partnership (LLP) status following a partnership vote on 31 October. The firm’s conversion to LLP status was effective from 1 December. Meanwhile, Denton Wilde Sapte (DWS) has appointed PricewaterhouseCoopers (PwC) as its adviser as it too considers converting to LLP status, deferring its vote by almost […]

Appeal ruling rocks direct access

The future of the bar’s direct access scheme has been thrown into uncertainty by a Court of Appeal ruling handed down on Friday (2 December). The court found that HM Revenue & Customs (HMRC) does not have to pay costs incurred by André Agassi’s accountant Tenon Media during litigation between the tennis star and HMRC […]

Separated at birth

The warm but patriarchal glint in the eye, the well-cut suit, the knowing smile… Patrick Boiron has been modelling himself on the quintessential Englishman, Steed from The Avengers, for so long that it was really only a matter of time before the Frenchman went the whole hog and joined a blueblood, thoroughbred English firm. Sadly, […]

Hays the new Driver at King & Spalding

King & Spalding has elected product liability lawyer Robert Hays as the firm’s new chairman. Hay will take over the helm of the Altanta-headquartered firm from 1 January 2006, when outgoing chairman Walter Driver’s second three-year term ends. During Diver’s reign, King & Spalding has nearly tripled in size to more than 800 lawyers, expanded […]

AWG looks to Herbies as Morrison Construction purchase goes sour

Herbert Smith is facing up to Dechert and Olswang as the long-awaited case between AWG and Sir Fraser Morrison kicks off in the High Court today (5 December). Partner Adam Johnson is leading the case for AWG in its £130m claim against Sir Fraser over its September 2000 acquisition of construction business Morrison Construction. AWG alleges […]

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