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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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Bonelli hikes IP dept with swoop for Guglielmetti

Slaughter and May‘s Italian best friend Bonelli Erede Pappalardo has snapped up Milan IP boutique Studio Legale Guglielmetti as part of a plan to rebuild the practice following the death of promising senior associate Carlo Coppi last summer. Bonelli added five lawyers in the swoop, almost doubling the number of lawyers in the IP practice […]

Paul Hastings beefs up Paris operation

Paul Hastings Janofsky & Walker has expanded its tax law practice in France with the hire of Willkie Farr & Gallagher partner Allard de Waal. The appointment comes as the firm celebrates its second anniversary in Paris, having opened the office in February 2004 with a merger with French independent Moquet Borde & Associés. De […]

OFT looks to lighten load with private antitrust enforcement

The Office of Fair Trading (OFT) is looking to lighten its workload by asking the private sector to boost antitrust efforts. The OFT is preparing a response document in support of the European Commission’s green paper, which encourages private enforcement of antitrust cases. In an exclusive interview with The Lawyer, OFT chairman Philip Collins said […]

Dickinson wins battle to be crowned Simmons’ top man

Simmons & Simmons has announced that former managing partner David Dickinson will become the firm’s new senior partner after he won a close election against Italy managing partner Richard Slater. Dickinson told The Lawyer that he would step down from his current role as head of the international banking group to take up the new […]

Legal Intelligence

March proved that 2006 just keeps getter better for corporate and finance lawyers. Consolidating on the solid performance of the M&A market in the first two months of the year, 294 deals worth $54.25bn (£30.97bn) involving any UK element were announced during March, according to Thomson Financial. This accounted for almost half of the value […]

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