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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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Denton Wilde adds bonus and hikes assistant rates

Denton Wilde Sapte has introduced a bonus scheme based on chargeable hours at the same time as putting up assistant rates to magic circle levels. The firm is paying newly qualified assistants £42,000 per annum. Both Denton Hall and Wilde Sapte previously paid £37,000. The bonus deal will see lawyers with post qualification experience of […]

Cash is kin

The threatened takeovers of Blue Circle and Wickes were uncannily similar; two hostile cash bids, both repelled by share buy-backs. So in advising Wickes, how much did Linklaters borrow from Slaughter and May’s defence of Blue Circle? Catrin Griffiths and Claire Smith report. It is a bit like waiting for a bus. There has not […]

Adam Cleal

Allen & Overy’s enthusiastic head of property Adam Cleal has big plans for his department. Fiona Callister reports on the man who did not enjoy law until he started practising it Adam Cleal is an accidental lawyer. The new head of property at Allen & Overy says that he only began to enjoy law after […]

Gray's Inn Tax hires Inland Revenue lawyer

Gray’s Inn Tax Chambers has recruited the former solicitor to the board of the Inland Revenue as a door tenant. Brian Cleave QC worked for the Inland Revenue for 32 years and was a solicitor to the board for nine years until his retirement in November 1999. Cleave’s move to the bar is unusual, because […]

Landwell's Swiss arm hires chiefs

Landwell, the global legal arm of PricewaterhouseCoopers, is bolstering its Swiss practice through a series of lateral hires. Associated firm Suter & Partners, which already has a presence in Zurich, Geneva and St Gall, is also opening an office in Lausanne. Michel Renaud and Christophe Wilhelm will head the Lausanne operation as managing partner and […]

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