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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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Brand war as Birketts intrudes on Birkett Long

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ACS:Law faces investigation over porn-users list

London-based firm ACS:Law is to be scrutinised by the Information Commissioner’s Office over allegations it breached the Data Protection Act. The firm, which specialises in music and film copyright cases, is at the centre of a major row after a list of alleged web pirates it compiled appeared online. The list contains the details of […]

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Bevan Brittan to shed 26 jobs as a result of public spending cuts

Upcoming cuts in public spending have led to Bevan Brittan announcing a third round of redundancy talks, the firm has confirmed. The firm said 26 roles were being considered as part of a consultancy with the number evenly split between personal assistants and fee earners. The news was first reported on legal website RollonFriday. In […]

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Orrick rejoins merger club by courting Akin Gump

US firms Akin Gump Strauss Hauer & Feld and Orrick Herrington & Sutcliffe are in talks regarding a potential merger. A spokesperson for Akin Gump confirmed that both firms are in preliminary discussions but neither firm is providing specific details on the talks. A spokesman for Orrick said: “Orrick and Akin Gump have held preliminary […]

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