Merciless Orrick in second Heller swoop

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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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Scottish Water set to review panel

Scottish Water is poised to launch a review of its external legal advisers The public company, which was formed in 2002 following the merger of Scotland’s east, west and north water authorities, is planning to put all of the law firms it instructs through a competitive tender exercise later this year. The water company conducts […]

New Computer Associates legal chief to review panel

Software house Computer Associates has recruited Novell’s head of legal for Europe, the Middle East and Africa (Emea) Nitin Maru as its new Emea legal chief. Software house Computer Associates has recruited Novell’s head of legal for Europe, the Middle East and Africa (Emea) Nitin Maru as its new Emea legal chief. Maru takes charge of […]

BLP takes on Palmer Capital’s Somerfield sale-and-leaseback

Berwin Leighton Paisner (BLP) has won a major mandate for Palmer Capital Partners (PCP), advising the property venture capital company on the UK’s largest development-based sale-and-leaseback to date. BLP partner Tim Simmonds won a competitive tender to advise PCP on the sale-and-leaseback of 140 petrol forecourt stores acquired by Somerfield from Texaco last month. Real estate finance specialists from BLP, Forsters, South East firm IBB […]

Hammonds secures Eurojust court victory

Hammonds has secured victory for Eurojust, the European body fighting organised crime, in a case brought against it by the Kingdom of Spain. The case clarifies limits to the privileges of European member states before the European Court of Justice (ECJ) as well as being unusual in that it was asking for judicial review of […]

Reforms’ character

The Clementi reforms may have made some high street practitioners a bit twitchy, but they still represent a giant step forward for the industry. By Jonathan Gulliford In the noise and clutter that accompanies the weeks preceding a general election, there has been little time for the Government to reflect upon the proposals set out […]

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