MBR&M gells over Omega deal

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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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Lawyers find safe haven in Bahamas

Offshore centre set to allow limited liability partnerships; US model could win out The Bahamas is to consider allowing law firms to register as limited liability partnerships (LLPs).The spur for lawyers, accountants and other professionals in the offshore jurisdiction has been the growth in the number of transactions they are handling – now running into […]

Blake Dawson gains A$1m from HIH final day payouts

Deutsche Bank takes home A$6m; HIH chief executive questioned by commission Australian law firm Blake Dawson Waldron squeezed the now defunct HIH Insurance for A$1m (£354,000) in fees in the final 24 hours before the insurer collapsed in March last year, a witness has revealed to the Royal Commission investigation.The witness revealed that the A$1m […]

Pannone & Partners gets high-tech partner

Pannone & Partners has recruited Wacks Caller corporate partner Simon Wallwork. He joins Pannones as an equity partner. Wallwork specialises in advising IT, biotech and other high-tech companies. Pannones has also recruited four new fee-earners for the corporate department, including Manchester United in-house intellectual property lawyer Caroline Wright.

Sticky fingers

Slaughter and May’s predilection for decorating its reception full of sweeties can melt even the hardest of hearts. Apparently, a certain gentleman from Cazenove, the most up-market stockbroker in the whole of Christendom, used to sneak into Slaughters’ reception and sample as many sweets as he could. Obviously, as Cazenove is one of Slaughters’ oldest […]

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