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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

Lovells bags Ericsson work

Lovells is advising on the first pan-European property outsourcing deal involving the £200m sale of property owned by cash-poor Swedish telecoms company Ericsson. Ericsson is close to sealing a deal to take a swathe of European properties off its balance sheet. The deal plays to Lovells’ strength as a leader in the property outsourcing business […]

Murray-Jones joins Skadden Arps

Lovells’ highly-rated corporate finance partner Allan Murray-Jones is joining the London office of Skadden Arps Slate Meagher & Flom to spearhead a move into private equity. Murray-Jones, who resigned from Lovells at the start of the year, will join Skadden Arps in September to launch a European assault on the buyouts market. Until now, the […]

Pannone & Partners shows record increase in turnover

Pannone & Partners has announced a record increase in turnover for the end of this financial year. The Manchester-based firm has recorded gross fees of £17.8m, an increase of 30 per cent on last year’s figure of £13.7m. Profits per partner are thought to be between £180,000 and £200,000. Last year, profits per partner stood […]

Debevoise sets up Frankfurt office with two partner hires

New York-based law firm Debevoise & Plimpton has recruited two new partners to set up an office in Frankfurt, providing it with a German presence for the first time. Corporate partner Thomas Schürrle joined Debevoise at the beginning of May from German firm Nörr Stiefenhofer Lutz. He will focus on international M&A. Tax partner Friedrich […]

No gain without pain

While many law firms in the UK still have to get to grips with the fundamentals of advertising, there is one London firm that has certainly grasped the bull by the horns. Just take a look at the latest offerings from divorce specialists Brookman. Well, they are certainly bold. There are two ads: one, which […]

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