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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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Drinker Biddle and Murgitroyd create tie

US firm Drinker Biddle & Reath has established a transatlantic strategic alliance with Murgitroyd & Co, a Scottish patent and trademark firm Drinker Biddle is a Philadelphia-based full service firm with 425 attorneys and eight US offices. Intellectual property (IP) work is a growing practice area for the firm, which last year acquired US IP […]

BLP hires knowledge management director

Berwin Leighton Paisner (BLP) has appointed a new director of knowledge management to its board Professional support lawyer Lucy Dillon (left) has joined from Linklaters, where she was head of the litigation information unit. Managing partner Neville Eisenberg said Dillon would devise the firm’s strategy for knowledge management and lead its implementation as head of […]

DEAL OF THE WEEK – SOUTH AFRICAN BREWERIES

Cleary joins Lovells on SAB’s Miller purchase Cleary Gottlieb Steen & Hamilton has advised South African Breweries (SAB) for the first time and is working closely with SAB’s longstanding adviser Lovells on the acquisition of Miller Brewing Company from Philip Morris.SAB is the fourth-largest brewer in the world, but the acquisition will take the newly-named […]

Zimbabwean Law Society heads arrested over letters

The president and executive secretary of the Law Society of Zimbabwe (LSZ) have been remanded on bail after they were arrested and detained for 48 hours last week for allegedly possessing ‘subversive’ documents It is likely the arrests are directly related to the strong stance taken by the Law Society against President Robert Mugabe and […]

Palestinian law pleases the EU

The European Union has welcomed the confirmation by Palestinian president Yasser Arafat of a law guaranteeing the independence of his nascent state’s judiciary Brussels called for a reconstituted Palestinian authority to be more democratic and transparent than the government. Brussels has been imposing conditions on the Arafat administration for the resumption of full-scale EU aid, […]

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