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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

Wessing blames Von Meibom for tensions

Troubled German law firm Wessing has blamed its current strife on departing former chief executive Wolfgang von Meibom. A fiercely critical statement was issued following the announcement that von Meibom will join Andersen Legal’s German arm Andersen Luther in Düsseldorf as chief executive. Senior intellectual property (IP) partner Klaus-Jürgen Michaeli and fellow IP partner Maximiliane […]

Wragges increases profits by forty five per cent on last year

Osborne Clarke has reported a 40 per cent growth in turnover, pushing its figure from £35m in 1999/2000 to £50m for the last financial year. Osborne Clarke saw its most dramatic growth in the Thames Valley – its smallest office with seven partners – which showed an 88 per cent increase in turnover to £5m. […]

Leap of faith

One of the most contentious questions facing brand owners as they pour increasing millions into advertising and marketing is how to evaluate the return on each pound spent. As Lord Leverhulme once famously commented: “I know that half my advertising budget is wasted, I just don’t know which half.” When selling baked beans or packets […]

Revenge is a sweet little girl

Revenge has come in the form of a rather delightful little figurine for Stephenson Harwood insolvency litigation partner Paul Gordon-Saker. Gordon-Saker bid £505 in an auction held by The Independent for a model of a little girl sitting on a bench (left). Now some of you may be wondering why, especially given that the figurine […]

Family values tempt Lord Alexander to new home

Lord Alexander of Weedon QC has snubbed his former set Brick Court Chambers to join his son at 3-4 South Square. Alexander, who won fame through the Spycatcher and Government Communications Headquarters (GCHQ) cases, and who two years ago completed his chairmanship of NatWest, wil become joint head with Michael Crystal QC. He says he […]

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