Pannone’s profit flat after year of investment

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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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Eversheds eyes Central and Eastern Europe

Eversheds eyes Central and Eastern Europe” />Eversheds is considering a significant expansion of its international network during the current financial year, with Central and Eastern Europe pencilled in as the most likely new outposts. The significant opportunities offered in the region, particularly in the projects and PPP arenas, are drawing the national firm’s attention. Eversheds […]

US firms outshine UK rivals

Despite the troubled state of the US dollar, our friends across the pond still managed to outshine their UK competitors when the finalised financial results for the top 100 US firms were published last month. Overall, the combined gross revenue for the top 100 US firms reached $50.7bn (£28.97bn) in 2005, up 10 per cent […]

Bunfight at the A&O corral

Allen & Overy has been attacked by US firms as it tries to reform its partnership. But as its flagship banking group loses market share, is all this tinkering too little, too late? Allen & Overy ‘s (A&O) partnership retreat last October in the Marriott Hotel on the Edgware Road was a chummy affair by […]

Stephensons bags White & Case high-flyer

Stephenson Harwood has snared White & Case lawyer Mark Bisset for its London office as part of a push to boost its aviation practice. Bisset, a senior associate at White & Case, has joined the firm’s banking and asset finance team as an aviation partner. The appointment is the fifth lateral hire for the firm’s […]

Conyers opens eighth office with Dubai launch

Conyers Dill & Pearman has confirmed that it will open its Dubai office in July following its successful application for a licence from the Dubai Financial Services Authority (DFSA). As first reported by The Lawyer (24 April) the firm registered at office at the Dubai International Finance Centre (DIFC). The firm’s Middle East operation will […]

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