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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

Chris Mallon

Chris Mallon made his name at Lovells as the man who co-ordinated London lawyers in the BCCI case. Now he has been lured from Biddle and handed the task of making Freshfields on of the best. Gulshanah Choudhuri reports The Italian island of Capri is a far cry from the Freshfields insolvency group. But it […]

Carter-Ruck calls for libel reform

Veteran libel law guru, Peter Carter-Ruck has called for an overhaul of the way defamation cases are run. Speaking at a seminar in Disneyland where the senior consultant at Peter Carter-Ruck and Partners went head-to-head with Private Eye editor, Ian Hislop, he said: “I think it is scandalous there is no legal aid for defamation. […]

Financings

Freshfields has advised Banco Espirito Santo on arranging a euro727m (u486.6m) commercial bank facility for the funding of the Portuguese Northern Toll Road Concession. Mota & Companhia led a number of Portuguese contractors which sponsored the project. David Winfield

Square Mile

Law firms have always been a good source of precedent-setting cases in the employment field. For example, one small firm’s failure to take on a black secretary provided interesting case law on the burden of proof in discrimination law cases. Or when a larger firm argued at a tribunal hearing that it was only liable […]

Hot air from the Windy City?

It was somewhere between the Rat Pack and Reservoir Dogs. Last week’s front page of The Lawyer carried a photo of four men in suits striding purposefully down a City street. The image, and other publicity shots from the men’s PR agency, heralded the arrival of yet another US firm in London, this time Chicago’s […]

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