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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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Corporate

The first week of June was party time for English football, nati-onal champions and the Slaughter and May competition team. Conversely, it was a bad one for golden shares, France and the European Commission (EC).In its busiest week for some time, the Court of First Instance (CFI) announced two decisions that have encouraging implications for […]

Further confusion as conditional fee uplifts case about to be heard

Fresh uncertainty has arisen over lawyers’ uplifts in conditional fee cases just days before the Law Lords are meant to establish guidelines on this crucial issue affecting thousands of lawyers Thousands of cases are now waiting in the wings for a Court of Appeal judgment on a tiny RTA case that will establish whether or […]

Altheimer nabs Holman Fenwick partner

Altheimer & Gray is expanding its dispute resolution practice as it takes on a senior litigation partner from Holman Fenwick & Willan Patricia Martin, who has a high-profile commodities practice, will focus on developing the firm’s pan-European dispute resolution practice. Her work covers all aspects of general commercial litigation, with an emphasis on international trade.Martin […]

A&O lures corporate ace away from Cuatrecasas

UK firm makes second high-profile hire in eighteen months; major clients are part of the package Spanish firm Cuatrecasas has suffered the loss of one of Spain’s most respected corporate lawyers to Allen & Overy (A&O). Fernando Torrente, the director of corporate finance at Cuatr-ecasas, who is known as ‘Mr IPO’ in the Spanish market, […]

Landwell wins on golden shares case

Landwell’s Belgian firm Bogaert & Vandemeule-broeke successfully defended the Belgian government in the recent ruling on golden shares The court ruled that, unlike Belgian golden shares, those used in France and Portugal are illegal.Landwell now hopes that the Belgian model will be adopted across the EU, providing the firm with more opportunities to advise European […]

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