Phillips Fox joins up with Perth outfit

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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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A&O’s mouth almighty

Grapevine applauded the chutzpah of the head of Allen & Overy‘s (A&O) financial institutions group Alistair Asher following the merger between building societies Nationwide and Portman. Asher declared: “This is the number one building society merging with the number three, and will make smaller building societies question what their meaning in life is. If you […]

DLA Piper raids CMS in Central Europe

DLA Piper Weiss-Tessbach, the Austro-Czech arm of DLA Piper, has poached the Sofia head of CMS Cameron McKenna for its fledgling Prague office. Commercial partner Peter Valert worked out of both Camerons’ Prague and Sofia offices, his TMT practice ran across Central and Eastern Europe (CEE). “DLA is a firm on the move,” Valert told […]

PHSO invites tenders for first legal panel

The Parliamentary and Health Service Ombudsman (PHSO) is creating its first-ever legal panel. The London-based regulator, which investigates more than 3,000 complaints each year about the NHS, Government departments and other public bodies, is creating the panel for general, litigation and employment advice. In-houser Anne Harding said: “We’re looking to ensure that public money is […]

Low costs keep North West firms ticking over

Apart from the revelations about Avalon, The Lawyer UK 100 Annual Report once again shed light on the way the market in the North West is currently looking. The good news for law firms in the region is that costs remain low. Avalon aside, Keoghs was the only North West firm with a cost per […]

Taylor Macmillan rides in on IP/IT boutique wave

A three-partner litigation boutique has launched in London’s West End bringing together lawyers from News International, Carter-Ruck and Mishcon de Reya. Called Taylor Macmillan, the firm will specialise in media litigation and IP, acting for both defendants and claimants of libel actions. Daniel Taylor, a senior in-house lawyer at News International, set up the firm […]

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