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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

Flotations & Financing

Morgan Cole acted for Rutherford Appleton Research Laboratory (RAL) on its investment in The Interactive Media Corporation (IMC), a recently formed company which will market IRIS (In Room Interactive System), a combination of TV, PC, VCR, radio and games console rolled into one. The company is 50 per cent financed by Midland Bank. Trinity College, […]

Berwin Leighton turns to EU law to fight quarantine system

City firm Berwin Leighton is using EU law in an attempt to overthrow the UK’s 100-year-old animal quarantine system. It is representing the Quarantine Abolition Fighting Fund in a case that hinges on whether the UK Government’s failure to implement a vaccination-based passport system for pets is illegal. The parties are still awaiting judgment. Berwin […]

Digest

Darcey Bussell, the UK’s leading ballerina, poses with Dundas & Wilson managing partner Chris Campbell (right) and Arthur Andersen senior partner in Scotland Fred Hallsworth (left). The two firms sponsored ‘An Evening with Darcey Bussell’ which was held at The Edinburgh Festival Theatre earlier this month – their first joint sponsorship venture to promote arts […]

Addleshaws raids Garretts

Addleshaw Booth & Co is continuing its raid on Garretts, the associate law firm of Arthur Andersen, by taking two partners, including the head of property in its Leeds office Dean Copley. It is understood that both Copley and property partner Paula Dillon are resigning today (Monday). Dillon will join Addleshaws in October after returning […]

Property

SJ Berwin advised Chelsfield on its recent purchase of the City Gate office complex at Southwark Bridge, London, from Brixton Estate. Complex tenants include Unisys and the Insurance Ombudsman Bureau. The SJ Berwin team was led by John Eldridge, assisted by Tessa Rudnick and Julie Hasselberg. Jackie Newstead of Lovell White Durrant acted for Brixton […]

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