Lucent general counsel quits for FMO

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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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The work-life quiz

Marjorie Holmes, partner, DAC What was your first ever job?Shop assistant in the shoe department at the Co-op in Farnworth near Bolton. What was your worst experience as a trainee?Having to prosecute a stowaway under the Merchant Shipping Act. Where’s the best place to go if you want to find out what’s really going on […]

Willoughby’s future is bright with Orange

IP boutique Willoughby & Partners last week found itself at the centre of the Orange-EasyGroup spat over the use of the colour orange in EasyMobile’s trademark. Willoughby partner Shireen Peermohamed advised Orange when it wrote to EasyGroup stating that it held the trademark for the colour orange relating to mobile phones. Willoughby alumni Sulina Connal […]

Reality bites

Reality television post Big Brother, Hell’s Kitchen and I’m a Celebrity… Get Me Out Of Here! has never been hotter. As tabloids fight for exclusive interviews with the latest batch of Big Brother housemates, it can be tempting to dream of the money they’re making and the glamour of their newfound, although usually minutes-long, fame. […]

Weil Gotshal & Manges reports post-MCI increase in bankcruptcy share of turnover

The bankruptcy practice at Weil Gotshal & Manges now accounts for 20 per cent of the firm’s business – about $160m (£87.7m) of a total 2004 turnover of $801m ($439m) – following lead roles on MCI (formerly Worldcom), Enron and Global Crossing. The US firm has claimed $39.8m (£21.8m) for work as chief debtor’s counsel […]

Indemnity deadline pushes claim-cutting up the agenda

Risk management is now a full-time job at the UK’s biggest law firms. Joanne Harris reports Insurers and brokers are gearing up for the busy month before 1 October, the deadline by which all law firms in England and Wales must renew their professional indemnity insurance for 2004-2005.In the meantime, firms are working to find […]

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