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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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Brick Court forms Polish partnership

Top commercial set Brick Court Chambers has formed a partnership with a Polish law firm to increase its access to multinational clients. Leading EU law silk David Vaughan QC is flying to Warsaw to meet a team from top firm Wardynski & Partners to discuss how the two parties can work together to get the […]

…as it advises Burmah Castrol on BP sell-out

Allen & Overy is advising one of its oldest clients on its final deal as lubricants company Burmah Castrol sells up to global giant BP Amoco. The firm has acted for Burmah Castrol since the 1960s, and corporate partner Richard Rowland has worked for it since taking partnership in 1974. BP Amoco has agreed to […]

Second tier firms start LPC

Fifteen leading firms are joining forces to discuss how they will respond to the deal that the top eight firms have struck with law schools to develop a City Legal Practice Course. Nabarro Nathanson is organising meetings for the group, described as the 15 firms directly below the top eight. The group is talking to […]

Looking after the pupils

Lord Bingham’s ruling that the minimum wage does not apply to pupil barristers should not send a negative message to prospective students of the bar (The Lawyer, 13 March). In any event most chambers pay pupils considerably more than the minimum wage. Immediately after last week’s ruling, I commented that it was perhaps time for […]

Nabarros appoints for property boom

Nabarro Nathanson has appointed corporate partner Amanda Howard to head its commercial property marketing group. The internal move comes as the firm aims to expand its share of the sophisticated property finance market. The commercial property industry sector group coordinates the cross-selling of services to property clients. Howard takes over on 1 May from Geoffrey […]

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