MIPIM blog 2: A thought from Boris

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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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ILP appeals for pro bono talent for overseas work

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FFW IP partner makes US switch

Field Fisher Waterhouse (FFW) IP partner John Olsen, who took his firm to an employment tribunal, has left to join the London office of US firm Edwards Angell Palmer & Dodge. Olsen had been with FFW since joining from SJ Berwin in 1999 and was most recently head of ­trademarks at the firm. Last September, […]

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LG stung by rates on £8m bank loan

LG is locked into paying 6.27 per cent interest on an £8.2m loan for the next nine years at a time when the UK base rate has dropped to 0.5 per cent. The firm agreed to the terms on the Barclays Bank loan last April, when Libor stood at around 5.8 per cent. The interbank […]

MIPIM blog 5: The tragedy of the French waiters

Wednesday and Thursday are traditionally the busiest time at MIPIM, so what did Wednesday bring? Possibly a few more people, but it is quite apparent that the crowds of last year are not holding back to make a dramatic late appearance. Thursday 12 March 3pm Wednesday and Thursday are traditionally the busiest time at MIPIM, […]

LG recruits Eversheds property consultant

LG has poached Eversheds head of real estate litigation ­Carole Peet for its contentious property team. She joins the firm as a consultant in London. Prior to joining Eversheds Peet was head of property litigation at Denton Wilde Sapte and ­managing partner of the firm’s Milton Keynes office. LG head of real estate litigation Jane […]

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