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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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Camerons partner goes to Eversheds

National firm Eversheds has hired a banking partner from City firm Cameron McKenna. Robin Parsons, who is 50, has been a lawyer for 25 years and has worked on some high profile deals such as the u1bn United News & Media merger financing, the Goodman International IRu700m rescue and the William Hill/Brent Walker financing. He […]

Bermuda fraud hearing costing u100,000 a day

A fraud case in Bermuda is believed to be costing u100,000 a day, making it possibly the most expensive case in Commonwealth legal history. Sources close to the Bermuda Fire & Marine Insurance fraud litigation on the island are astonished at the mounting costs. The case, which began in May and is expected to last […]

Jeff Gordon

Fiona Callister meets Mayer Brown & Platt’s senior partner Jeff Gordon, whose move in-house to GEC may result in his new employer being added to the firm’s client list. Senior partner at Mayer Brown & Platt’s London office and head of the firm’s international practice, Jeff Gordon, is taking it easy. Lightly tanned from a […]

…as Netherlands merger creates top five practice

Ernst & Young’s three associated law firms in Holland are to merge, creating a top five Dutch practice. The firms, Van Gijzen Advocaten, Banning Van Kemenade & Holland and Van Benthem & Keulen, will become a single firm on 1 September. The new firm, to be called Holland CS, will have more than 175 lawyers […]

Publisher fights for costs

Publisher David Elias is heading for a High Court confrontation with Paul Brookes Architects in a battle over a listed building in west London. Elias, represented by West End firm Jeffrey Green Russell, claims that work on an extension at the property in Neville Street, Kensington, was carried out in breach of the terms of […]

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