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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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Paisner

Paisner & Co acted for Great Universal Stores on its £37m acquisition of jungle.com. Jungle.com supplies a range of computers and computer equipment as well as music and videos through its website. Head of corporate finance Keith Stella led a team of four on the deal while Eversheds advised jungle.com.

Osborne Clarke's German firm set for merger with Bapperts

Graf von Westphalen Fritze & Modest, the German ally of Osborne Clarke OWA, is in the final stages of merger talks with Bappert Witz & Selbherr in Freiburg. A vote will be taken in November, but both firms are confident the merger will go ahead to create a 64-partner firm. Graf von Westphalen, which has […]

Bingham adds to NY capability

Boston firm Bingham Dana is taking on a finance partner from Mayer Brown & Platt to boost its New York practice. Scott Zemser does both banking and finance work, as well as workouts and restructurings. His financial institution clients include Société Generale, DLJ, ING Barings, Canadian Imperial Bank of Commerce, First Union and HSBC. Managing […]

Tonucci merges with Milan and Padua firms

Studio Legale Tonucci is cementing its position as one of the largest independent firms in Italy after completing two mergers with local firms. The firm has merged with Milan-based Barberi Cassese Rossetto Sala, which houses 20 lawyers, and has entered Padua through its link-up with Scarpa Scapolo Vasta. Tonucci, which now boasts 175 lawyers, is […]

Lovells hires partner for Moscow

Lovells is bucking the trend by expanding its Moscow office as other firms retreat from the region. US firm Milbank Tweed Hadley & McCloy is considering pulling out of Moscow, and Eversheds dissolved its office only a month ago (The Lawyer, 18 September). Lovells, though, is taking on Larry George as a second partner for […]

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