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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

Partners on the move…

Dariusz Michalski has been made a partner at Chicago-based law firm Altheimer & Gray. He is based in the firm’s Warsaw office and joins Altheimer’s new European counsel Anna Milosz, the former Coopers & Lybrand director of legal, who left the firm after giving legal advice on its merger with Price Waterhouse in Poland last […]

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Judge's attack on Leigh Day sparks angry outburst from firm

SOLICITOR Martin Day has hit back at a High Court judge’s stinging ruling during high-profile tobacco litigation by accusing him of “living in an ivory tower”. Mr Justice Wright ruled that most of Leigh Day s clients who took action against tobacco giants Gallaher and Imperial fell outside the statute of limitations. He went on […]

US partners stage Moscow retreat

SENIOR US partners are pulling out of Russia amid strenuous denials of plans to close Moscow offices. Akin Gump Strauss Hauer & Feld Moscow managing partner Michael Waller is the third senior US lawyer to have relocated to London from the Russian capital in the past two months. Kevin Dent, now managing partner at the […]

Firms gain as regional press M&As continue

A RASH of mergers and acquisitions in the regional press has signalled a boom in work for regulatory and competition lawyers. Brussels-based Herbert Smith partner Craig Pouncey is advising Newsquest in its takeover talks with Portsmouth and Sunderland Newspapers (PSN). The proposed takeover has been referred to the Monopoly & Mergers Commission (MMC), which is […]

A PRIVATE law college has been given the go-ahead to double the intake for its legal practice course (LPC), prompting fears that it will increase competition for trainee jobs

A PRIVATE law college has been given the go-ahead to double the intake for its legal practice course (LPC), prompting fears that it will increase competition for trainee jobs. London college BPP Law School will offer 288 places in September after permission was given by the Law Society. The Trainee Solicitors Group is worried that […]

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