The hard cell: Clare Algar, Reprieve

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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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Private client: Nisi does it

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Herbies targets Abu Dhabi office for growth

Herbert Smith London finance partner Andrew Newbery is relocating to the Middle East to head the firm’s office in Abu Dhabi. The office has been run by Middle East head Neil Brimson since it launched last May, but he will return permanently to Dubai when Newbery relocates at the end of March. Newbery, who has […]

Tyco poised to review Eversheds’ status as sole external adviser

Eversheds’ status as sole external adviser” />The terms of Eversheds’ status as manufacturing company Tyco’s sole external legal adviser are up for review as the contract comes up for a 12-month renewal. Eversheds ;will ;deal ­principally with David Symonds, who will take responsibility for Tyco’s legal function for Europe, the Middle East and Africa ­following […]

Cobbetts called in for Fox Hayes wind-up

Cobbetts restructuring partner William Ballmann is advising David Wilson and Julian Pitt of Begbies Traynor on the administration of North East firm Fox Hayes. As revealed on The Lawyer.com (19 January), Fox ;Hayes ;went ;into administration on 16 January, one month after signing an agreement to sell its ­commercial and private client business to Lupton […]

Getting it together: top networkers wax lyrical on joined-up thinking

Creating a global firm through alliances is a long and ­complex business. A two-day conference organised by The Lawyer explored the issues surrounding delivering global legal services. Creating a global firm through networks and alliances is a long and ­complex business. Last week a two-day conference organised by The Lawyer (20-21 January) explored a host […]

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