Stibbe and Freshfields in Vesteda securitisation

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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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Shearmans' Singapore split challenged in court

Shearman & Sterling’s former Singapore joint venture firm went to the extraordinary length of applying for a High Court injunction in order to stop the US firm withdrawing from the partnership unilaterally The Singapore joint venture between Shearmans and local law firm Stamford was formally terminated last week after months of wrangling and Stamford’s last-ditch […]

Osborne Clarke, Burges Salmon in speedy Tyntesfield sale

Osborne Clarke and Burges Salmon were asked to think quickly and bring a speedy close to the sale of the ‘fairytale’ Tyntesfield Estate to the National Trust The sale of the Grade 1-listed mansion, most of its contents and 539 acres of land – including parkland, cottages and a listed farm – was completed in […]

Hammonds senior insolvency partner quits firm

Hammonds senior insolvency partner Jeremy Bennett has finally resigned, ending months of speculation about his future at the firm and further diminishing its capability in Leeds Bennett, who is based in Leeds, was originally thought to be in talks with Holden + Co after insolvency partners Duncan Haymes and Paul Rhodes resigned at the beginning […]

Clear as mud

Lawyers, bless them. Now that must be the third time in as many weeks that Tulkinghorn has uttered those words. This week’s subject is Kimbells, which has just become a limited liability partnership (LLP). The brave souls – all that financial transparency is frightening stuff. But not for senior partner Stephen Kimbell. When asked his […]

Legal Widow

News that we have 17 years until an asteroid crashes into us has afflicted the household in different ways

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