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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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Bakers bags COO from British Aerospace

Baker & McKenzie has hired former British Aerospace counsel Chris Pierce-Cooke as its global chief operating officer (COO), to be based in Chicago. Pierce-Cooke, who began his career with CMS Cameron McKenna in London, has spent the past seven years as worldwide managing director of organisational consulting services at Philadelphia-based consulting group Right Management. His […]

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CMS kickstarts City goldrush to Ukraine

CMS kickstarts City goldrush to Ukraine” />CMS Cameron McKenna has launched a series of raids on local rivals to bolster its new Ukraine office. The raids come as UK firms circle the former Soviet state looking to take advantage of an underlawyered but buoyant emerging market. Camerons will be the first City firm with an […]

ITV bags hat trick hero

“I counted them all out and I counted them all back.” Not soldiers, of course, or Chelsea managers, but solicitors out of and into private practice. Today ITV announced that it had enticed LeBoeuf Lamb Greene & MacRae partner Andrew Garard back in-house, while Reynolds Porter Chamberlain has recruited BBC lawyer Jaron Lewis into its […]

Fortune punters

Assiduous readers of these pages may remember last week’s news (10 September) that Lovells celebrated its new nine-firm Chinese alliance with the mass offering of fortune cookies. There was indeed a glut of cookies at the firm. So much so that it decided a visit to Atlantic House last Monday (10 September) by Tulkinghorn’s scribes […]

Ashurst NY chief returns to London

The head of Ashurst‘s New York office Giles Boothman is coming back to the UK after completing a three-year stint in the US. Corporate and restructuring specialist Boothman has been responsible for Ashurst’s New York representative office on a part-time basis since 2004. He returns full-time to London on 1 October, from when the New […]

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