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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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Separated at birth

Tony Soprano has slimmed down and got ­himself a job at Virgin Media ­disguised as deputy general counsel Scott ­Dresser. Apparently he will oversee ­matters such as M&A, ­corporate strategy, ­communications, ­government affairs and competition matters, in his own brutal style. No ­mention has been made of his role in the ‘waste ­disposal’ department of […]

Fiscal fiesta

With its boom in IPOs and capital markets, Brazil is the latest hotspot that law firms are focusing on The lure of vibrant Brazilian industry has had ­international law firms flocking to São Paulo. The explosive IPO ­market that has characterised Brazil in recent years has caught the ­attention of both UK and US firms, […]

1

Zurich cracks down on exaggerated PI claims

Insurance giant Zurich is to establish a hitlist of ­personal injury (PI) firms in a bid to crack down on claimant practices that bring exaggerated costs orders against it. The insurer has fired a warning shot to claimant PI firms after it successfully won a test case against claimant firm Delta Legal, which was found […]

Seddons’ real estate team defects to Mishcon

Mishcon de Reya has bolstered its wealth-planning group after raiding West End firm Seddons for a specialist residential real estate team. The firm has hired Ned El-Imad as a partner along with assistants James Liffen, Julie Bond, Ruth McKenzie and Sarah Callaghan. Mishcon said it had witnessed an increased demand for specialist property services from […]

Dancing queen

Tulkinghorn isn’t much of a dancer, reserving his gyrations for the brandy glass, but he is glad to see that the same could not be said for JPMorgan general counsel Tim Hailes. Last week the bank ­celebrated a tripling in membership of its Europe, the Middle East and Africa lesbian and gay group Chapter of […]

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