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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

Kennedys set for EC3 move

Kennedys has signed a lease on new London premises. The firm will occupy the fifth to ninth floors at 1 Fenchurch Avenue, EC3, accounting for approximately half of the building’s 122,000sq ft of space. The development is expected to be completed in 2007. Malcolm Headley of Faegre & Benson advised Kennedys and Linklaters real estate […]

Hammonds’ sports dept hit by partner exit

Hammonds’ highly regarded sports practice has been rocked after the second partner in the space of two months has quit, with sponsorship partner Andy Korman joining sports boutique Couchman Harrington Associates. Couchmans’ raid follows Bird & Bird‘s swoop for sports department head Jonathan Taylor in August. Korman specialises in advice to sports clubs, agencies and […]

Associated News sues Law Soc over cover-up

Associated Newspapers is suing the Law Society over its refusal to disclose details of a secret hearing at the Solicitors Disciplinary Tribunal (SDT). A reporter in the Manchester office of the Daily Mail had requested information about the hearing, but was denied. Nick Braithwaite, group legal adviser at Associated Newspapers, said: “They concluded they haven’t […]

Breast stroke

Halliwells’ involvement in Sport England’s scheme to get North West companies fitter backfired when its participation was announced back in April and it was accused of profiting from funds that should have gone to poor, needy organisations. Now news comes that some of the firm’s employees were using the scheme in an inappropriate manner, after […]

BLG ticked off after advert row

The Advertising Standards Authority (ASA) has dealt a blow to Barlow Lyde & Gilbert, upholding a complaint over a full page advertisement that appeared in the national press. The advert appeared on 3 May and listed the names and companies of 250 in-house counsel, stating: “If you’d like your name kept out of the legal […]

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