Reed Smith enrols Dubai World counsel

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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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Freshfields Bruckhaus Deringer is to strengthen its antitrust, competition and trade practice in China with the relocation of London partner Alex Potter to Beijing. Move of the week Freshfields Bruckhaus Deringer is to strengthen its antitrust, competition and trade practice in China with the relocation of London partner Alex Potter to Beijing. Potter, who specialises […]

Web week

Second strife Second Life is quickly turning into an online version of Lincoln’s Inn, but with more outlandish clothes. The virtual world now has its own alternative dispute centre, where avatars can go and thrash out their problems without going through the nonexistent court system in Second Life. This adds to the patent and trademark […]

Mills & Reeve launches in Leeds and Manchester

Mills & Reeve is set to launch offices in Leeds and Manchester after taking on Addleshaw Goddard‘s entire family practice in the North West. The move is part of the East Anglia-based firm’s wider strategy to transform itself into a national firm and boost turnover from £56.4m to £110m in the next five years. Mills […]

Penny Francis elected LG senior partner

LG managing partner, Penny Francis, will replace Bill Richards as the firm’s senior partner. Francis was elected by the firm, beating competition from fellow partners corporate head, Chris Tite, corporate partner Sunil Kakkad and tax partner Robert Field. The head of LG’s business and finance group Hugh Maule will replace Francis as managing partner. Francis, […]

New world

As business becomes more globalised, so too does regulation. Jonathan Pickworth looks at the risk impact of this new era Across the world regulators are more powerful and better resourced than ever before. Most westernised governments have realised that for businesses to take regulation seriously it is necessary to criminalise liabilities, to personalise responsibilities on […]

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