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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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Lion bar

While munching on a bacon butty at the Law Society’s opening of the legal year breakfast last Monday (1 October), one Tulkinghorn scribe was musing on the question: are lawyers more like gazelles than lions? A strange question? Not at all. In Law Society president Andrew Holyrood’s address he said he was reminded of an […]

Christie’s appoints new group GC

Nick Deeming has taken up the newly created post of group general counsel at auction house Christie’s. In his new role, Deeming, who left energy outfit Linde last month, will be overseeing an existing team of seven lawyers and will report to CEO Edward Dolman. A spokesman from the auction house said thenew position was […]

Forsters takes lead on brum redevelopment

Property law firm Forsters has acted for Redevco on the redevelopment and pre-letting of the former C&A and Beatties department store site on Corporation Street in Birmingham. The three pre-lets have a projected end value of £25.5m, with fashion retailer New Look, which has agreed terms to anchor the redevelopment, JJB Sports and Mothercare the […]

Linklaters: Forging new Links

Linklaters is consigning its Cologne office to the history books in favour of opening in Düsseldorf with the hire of a highly rated Freshfields duo. But with the pair’s remuneration outstripping other partners’, can it keep its existing German staff happy? Linklaters.jpg” alt=”Linklaters: Forging new Links” />It was a clear February day and crammed into […]

A&O: ‘We have no conflict on Northern Rock’

Allen & Overy (A&O) has defended its dual roles on Northern Rock, maintaining that they pose no conflict of interest. The magic circle firm is advising the Virgin-led consortium on its approach to the beleagured mortgage adviser, despite already having a role advising Northern Rock on its funding from the Bank of England, as first […]

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