This week’s top 15 legal briefings – 16th March 2014

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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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Addleshaws to kick off management elections after Devitt stands down early

Addleshaw Goddard’s Paul Devitt is to stand down as the firm’s managing partner a year before his tenure was due to end on 30 April 2015, sparking an early election. The election process was originally due to kick off in September but will now begin imminently, with the aim of having a new leader in […]

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Chinese duo to settle Canadian lawsuit with underwriters in Sino-Forest case

Chinese firms Commerce & Finance and Jingtian & Gongcheng are understood to have reached an intention to settle an ongoing legal action in Canada with 11 financial institutions. The two firms were facing a lawsuit by 11 financial institutions which are themselves facing several multi-billion dollar class actions in Canada and the US over their […]

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Say hi to low-cost Manchester

Berwin Leighton Leighton (BLP) jumped on the low-cost legal work bandwagon this week when it unveiled plans to open an office in Manchester. Managing partner Neville Eisenberg was at pains to stress that this was more than just your typical commodity offering, describing it as part of a four-pronged process mapping and outsourcing programme which […]

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