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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 […]

Recommended

…. but loses IT ace as KLegal swoops

KLegal has raided top IT firm Bird & Bird to secure its first head of e-commerce and digital media. It is understood that leading practitioner Mark Haftke will take a raft of high-profile clients with him. The legal arm of the accountancy giant KPMG was set up a year ago. James Hodgson, partner and head […]

Sidley & Austin UK loses final telecoms partner

Sidley & Austin has admitted that it has failed to form a telecoms group at its London office after the departure of the group’s only remaining partner in the capital. Communications and internet lawyer Gill Andrews will join Bird & Bird’s IT department after leaving Sidley & Austin. The move comes just two months after […]

Andersen Legal builds up Australian offices

Andersen Legal has raided rival Australian firms for five new partners only months after its managing partner quit the practice. PricewaterhouseCoopers’ legal partner Anastasia Tsekouras, an expert in stamp duty and trusts, joins the Sydney operation, as does Kym Livesly, senior counsel and mining, oil and gas expert at Clayton Utz. Gadens partner Peter Francis […]

A View from New York

Recently, a US law firm provided me with what it thought was its public relations mandate. “What are you going to do to help us ‘brand’ our firm?” it asked. “What would you like to brand?” I replied. Out came its list of 12 practice areas. “Twelve?” I asked. Forget it. Branding by definition is […]

Deals

Paisner & Co acted for European Telecom on its £15.6m purchase of Banner Telecom. The acquisition is financed by a placing and open offer to raise £20.2m, sponsored by Collins Stewart. Corporate partner Alexandra Denison and head of corporate finance Keith Stella acted on the deal. Lawrence Graham represented Banner Telecom. Gouldens acted for Collins […]

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