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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 […]

Recommended

Cranch ousted as CC US managing partner

In a shock move, Clifford Chance Rogers & Wells US managing partner Larry Cranch is stepping down a year early to be replaced by global head of litigation Jim Benedict. This is just the latest development in a major shake-up of the firm’s global management. Clifford Chance chief executive officer Michael Bray says: “Larry’s resigning […]

Buchanans takes on NY construction team

Pittsburgh firm Buchanan Ingersoll is taking on a four-partner construction law team to ramp up its New York presence. The team is joining from 80-lawyer boutique firm Baer Marks & Upham. Its recent projects include the renovation of Grand Central Station and the New York Museum of Modern Art. The group is led by partner […]

Opinion

What a difference a year makes. Pronouncements of the internet industry’s death may be premature, but the reversal in the sector’s fortunes could not be more stark. However, in the search for a new victim, much of the media is missing the point of what really has happened. If net ventures got things wrong, they […]

Hextall Erskine set to lose two partners to Reynolds

Leading insurance partner Stuart White is quitting Hextall Erskine after 20 years for Reynolds Porter Chamberlain. The move will be a blow to specialist insurance firm Hextall Erskine. White is head of the commercial dispute resolution department and is regarded by many as the hub of the practice. He is also taking fellow partner Davina […]

Corporate

RWE makes a £1.87bn public offer for Hidroelectrica del Cantabrico, beating a joint bid from EdP and CajAstur, as well as an increased bid from Ferrotatlantico and EnBW. RWE represented by Hengeler Mueller Weitzel Wirtz (Ulrich Blech) and Melchor De Las Heras Albinana & Suarez de Lezo (Carlos Pena). Financial adviser Lazard. Hidroelectrica del Cantabrico […]

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