Lipton loses NYSE role to Wachtell’s Sonsini

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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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Linklaters’ Wethered makes leap to KPMG

Linklaters corporate star Tom Wethered is leaving for client KPMG International. While it is a loss, Wethered decision to go KPMG, one of the firm’s biggest clients, is a positive move for the magic circle firm as he is becoming general counsel at the accountancy firm. David Barnes is taking over as head of the […]

Shred heads

The sentencing of CSFB banker Frank Quattrone to eighteen months in prison has blown the issue of privilege wide open. Jon Robins reports Frank Quattrone, the former star investment banker at Credit Suisse First Boston (CSFB) during the internet stock bubble, was sentenced two weeks ago to 18 months in prison in New York after […]

Careers: people

A founding partner at Brussels-based EU firm Crosby Renouf has been named by the Law Society as a delegate on the Council of the Bars and Law Societies of the European Union (CCBE). Michael Renouf, who trained at South East firm Thomas Eggar and the European Commission, is already a member of the Law Society […]

The incredible bulk

Law firms’ volume businesses can enhance profitability. But do they make strategic sense? By Joanne O’Connor and Joanne Harris For years, volume businesses have been regarded by commercial firms as something of an embarrassing secret. When both Addleshaw Goddard and Hammonds spun off their bulk arms, it seemed settled that commoditised legal services and commercial […]

High Court judges lend weight to Bankside development fight

Two High Court judges are among complainants challenging the Government in a possible House of Lords action over plans for a major development in Bankside, London SE1. If the case, Lough v First Secretary of State, reaches the Lords, it will be the first major planning dispute to have a human rights angle since the […]

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