Plea to ministers as pro bono week begins

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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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Offshore offensive

A stringent new offshore tax bill in the US, backed by Barack Obama, could have serious implications for any territory that finds itself on Washington’s blacklist. Stephen Platt reports On 22 September in a speech on the stump, Barack Obama said: “We lose $100bn [$62.97bn] every year because corporations get to set up mailboxes offshore […]

Former Cravath partner White rejoins from the SEC

Former Cravath Swaine & Moore corporate partner John White is to return to the firm next year after a two-year stint at the Securities and Exchange Commission. White is currently the SEC’s director of the division of corporation finance. He first joined Cravath in 1975 and became a partner in 1980. Cravath presiding partner Evan […]

BLP’s corporate ambitions still burn, but the hunt for a rainmaker goes on

Trophy clients are vital if the firm is to compete with Ashurst and Herbert Smith. Berwin Leighton Paisner (BLP), which built its reputation as a real estate firm, is trying to branch out into the corporate arena. Don’t be surprised if this ­statement sounds familiar. Managing partner Neville Eisenberg has been coveting a slice of […]

Moves roundup: 10 November 2008

Eloise Walker has this month joined the London office of Pinsent Masons as a tax partner. She leaves ­Linklaters, where she was a senior associate, to take up the role. Walker said: ­“Linklaters specialised in ­corporate tax, but I wanted to do more asset finance and funds work. I just fancied a bit of a […]

Paul Weiss joins cast of Hexion-Huntsman

Paul Weiss Rifkind Wharton & Garrison has won a leading role on the high-profile dispute between chemicals companies Hexion and Huntsman. The New York firm’s chairman-elect Brad Karp is advising Hexion alongside Wachtell Lipton Rosen & Katz on the damages litigation between the two companies. The latest instalment in the long-running saga follows a court […]

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