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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

Banging on about work-life balance

Bristol has long touted itself as an alternative to London: it has less traffic, less smog and beaches nearby. Burges Salmon built its whole image on this pretext, with recruitment ads featuring surfers. London firms are slowly catching on to this work-life balance shtick, but flexible working policies are still way behind their Bristolian brethren’s. […]

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Billing probe reveals in-house resentment

An investigation into law firm billing has revealed that in-house counsel are being left in the dark by law firms and are disillusioned with billing methods. An investigation into law firm billing by in-house lobbyist C&I Group and consultants BDO Stoy Hayward has revealed that in-house counsel are being left in the dark by law […]

Moving with the times

The location of a company’s registered office is vital during insolvency proceedings. Georgia Quenby reports on how a German company survived after ‘migrating’ to England The €500m (£347.42m) corporate restructuring of German autoparts manufacturer Schefenacker Group, which completed on 29 June, has been hailed as a triumph for the consensual approach taken by the principal […]

Burness lands urban redevelopment role

Scottish firm Burness has won a new client in the shape of the Irvine Bay Urban Regeneration Company (URC). This is the sixth URC the firm has worked with in Scotland. One of the first projects the firm, led by partner Stephen Phillips, will oversee for Irvine Bay is the development of Irvine Harbourside. Burness […]

Lovells forms class action team

Lovells is set to join a raft of UK law firms, such as Addleshaw Goddard and DLA Piper, in launching its own international class action unit. The unit will be headed by the London office’s dispute resolution partner Neil Mirchandani and will draw on the firm’s litigation lawyers across the globe. The core team will […]

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