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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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Leading sets wed in bid to join commercial bar elite

Two leading chancery/commercial sets have become the latest to opt for merger in a bid to join the commercial bar’s elite. The amalgamation of 13 Old Square and 7 Stone Buildings will create a 42-tenant set, including 10 silks, that will be run by the current heads of the two chambers, Michael Lyndon-Stanford QC and […]

Clifford Chance

Clifford Chance acted for Electronic Data Systems (EDS) on a $2.1bn (£1.4bn) contract to provide global IT and business solutions to Rolls-Royce. An eight-strong Clifford Chance team advised EDS, including banking and finance partner Gavin Teague. Masons advised Rolls-Royce.

The new rules of the game

The world of sport is flourishing, thanks to a huge input of TV money. But along with the cash come the legal wrangles, opening up a new field of opportunities for barristers wishing to break into the area. Bal Khela reports. Sport has become a thriving industry with a lot riding on it. Worldwide marketing […]

Riches to Wragges

Wragge & Co’s demotion by Rover provides a sobering lesson for many firms. The car giant was so swept off its feet by Wragges’ regional rival Eversheds, because of the work it did for Phoenix, that it has switched its affections. More than anything else the move indicates how important it is for firms to […]

Welcome to the law firm Pleasuredome

When the Paris office of US firm Gibson Dunn & Crutcher threw a party, it did it in style. Abigail Hansen discovers why managing partner Bernard Grinspan came up with such a bizarre idea. The classic building on rue du Faubourg St Honoré is lit by massive floodlights. Eerie mist trails from the lobby, a […]

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