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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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German lawyers urged to claim for ‘overtime’

Associates across Germany have been sent a letter from a niche employment firm urging them to claim hundreds of thousands of euros from their employers for overworking them. The letter, understood to have been sent to all leading firms, calls on lawyers to take action against firms when they leave, using timesheets as evidence that […]

Emmanuel Maurice

Rebuilders’ mate: Emanuel Maurice, European Bank for Reconstruction and Development

World events have more than a passing interest for Emanuel Maurice, general counsel at the European Bank for Reconstruction and Development, as they can directly affect his workload. Cataclysmic political and economic events are conspiring to keep general counsel Emmanuel Maurice and his team of lawyers at the European Bank for Reconstruction and Development (EBRD) […]

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Dewey & LeBoeuf

With at least 20 per cent of the firm’s total 2010 revenue ­derived from clients in the global energy market, natural resources is very much a core area for Dewey & LeBoeuf. The firm’s global expansion and 2007 merger was built largely on legacy LeBoeuf Lamb Greene & MacRae’s expertise in acting for energy clients, […]

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Mergers put UK firms on map as Norton Rose joins global 50

Combined turnovers reshape global legal market as City heavyweight rubs shoulders with the transatlantic elite A new global pecking order dominated by multijurisdictional giants is reflected in The Lawyer’s preliminary global top 50. The results, published today in the annual Transatlantic Elite, reveal the impact of the rampant consolidation driven primarily by US- and UK-headquartered […]

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SNR Denton chief tells partners to hold their nerve after 35 per cent slump in UK PEP

Average profit per equity partner (PEP) at SNR Denton’s UK LLP fell by 35.6 per cent in the last financial year, dropping from £360,000 to £232,000. The international firm, which was formed via the merger between US-based Sonnenschein Nath & Rosenthal and UK-based Denton Wilde Sapte in October 2010, has also revealed that turnover for […]

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