Mystery US firm makes $1m offer

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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 […]

Recommended

Book of the Week

Gangland International – The Mafia and Other Mobs By James Morton Former solicitor Morton’s latest is a timely reminder of the dealings of the world’s most sinister gangsters. Morton gives a global perspective of the underground that stems from the American Mafia, and charts the history of bikers, street fighters, prison gangs, and other general […]

Old troubles haunt the new South Africa

In post apartheid South Africa, the man hired to kill you yesterday could be your client today. Senior advocate Eberhard Bergelsmann stood on the pavement outside the Pretoria Supreme Court buildings with a group of jubilant clients – former members of the apartheid government’s military intelligence group. Bergelsmann had just won the shadowy operatives a […]

In brief: Bird & Bird recruits from Belgian practice

Bird & Bird, who specialise in media, technology and sport, has hired the media and communications team of Belgian practice De Backer & Associes, which includes two partners, seven associates and one consultant. The move increases Bird & Bird’s Brussels office to 12 lawyers. The two partners are Paul Hordies and Agnes Maqua.

Quote of the week

“We were at Yale together in the ’70s. There were a number of promising young lawyers there at the time, including Bill Clinton, Hillary Rodham and Clarence Thomas.” Freshfields international arbitration head Jan Paulsson casually drops a name or two.

Bar queries Govt's Treasury Counsel hiring procedure

THE BAR Council has asked the Attorney General, John Morris QC, for details of exactly how he goes about appointing Treasury Counsel. The request is part of a joint investigation by the council’s sex discrimination and equal opportunities committees into government appointments procedures for legal advisers. Last November the current system came under attack when […]

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