PGP replenishes headcount after BLP raids staff for Moscow office

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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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Special reports: Banking and Shipping

The crisis among financial institutions has created a dearth of groundbreaking and unique work for banking and finance lawyers, much of it coming from the regulators. Banking & finance The crisis among financial institutions has created a dearth of groundbreaking and unique work for banking and finance lawyers, much of it coming from the regulators. […]

Cuatrecasas leads the way on Enel’s Endesa takeover

Leading Spanish independent firms Cuatrecasas and Uría Menéndez have scored the lead roles on Italian energy company Enel’s e11.1bn (£9.94bn) takeover of Spanish giant Endesa. The deal will see Enel build a controlling 92 per cent shareholding in ­Endesa, after two years of uncertainty over the Spanish company’s future. Enel bought Spanish energy company Acciona’s […]

Southwark Council scrutinises panel firms

Southwark Council is preparing to launch a review of its panel firms at the same time as setting up its first-ever barrister panel. The authority is due to retender law firm contracts this year, but has the option of extending contracts until 2010. Southwark employs around 80 lawyers, with the team led by director of […]

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Camerons ‘partner’ title up for grabs in London

The title of partner at CMS Cameron McKenna is set to be extended way into the associate ranks, heralding a shake-up of its partnership. The firm is looking at bringing the local partner role from its Central and Eastern Europe (CEE) offices to the UK. In CEE around 60 lawyers already have the title.The role […]

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Building bridges: Ed Gretton, Hanson

As legal head of a company with 400 subsidiaries, Hanson’s Ed Gretton had a tough job unifying the dispersed legal team. Tom Phillips reports. The property market has taken a battering in the past 18 months, which has, of course, been problematic for building materials supplier Hanson. The company provides the raw building materials to […]

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