This week’s top 15 legal briefings – 16th November 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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Eversheds takes leading role in META Projects Conference 2014

Eversheds has taken a leading role at this year’s Middle East, Turkey and Africa (META) Projects Conference, as well as being a sponsor for the event. As a member of the META Projects Steering Committee, partner Tim Armsby from Eversheds’ Dubai office will be joining a panel of experts in the field to discuss the […]

Morgan Lewis rejects merger, hires 227 Bingham partners

Morgan Lewis & Bockius and Bingham McCutchen’s negotiations have finally concluded. The result has not been a merger, or in fact a takeover, but a vote to admit 227 out of the 307 Bingham partners into its fold. Morgan Lewis is set to reach the 2,000-lawyer threshold and has added three new offices (two in […]

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Marrache liquidators sue Baker Tilly for £28m in bid to recoup lost client funds

The liquidators of Gibraltar firm Marrache & Co are suing the local branch of accountancy firm Baker Tilly for negligence, breach of duty, conspiracy and dishonest assistance for audit advice given prior to Marrache’s collapse in 2010. The case, brought by the joint liquidators, Chantrey Vellacott partner Adrian Hyde and PricewaterhouseCoopers partner Edgar Lavarello, is […]

Secondary school students visit Eversheds Saladžius’s office

Eversheds Saladžius, in co-operation with Vilnius LIONS club, recently invited students from Vilnius ‘Versme’ School to visit the law firm’s office. The essence of the initiative was to introduce students from the secondary school to Eversheds Saladžius and its activities. Eversheds Saladžius lawyers shared information and thoughts about the law profession, the law firm’s traditions, values, […]

Khaitan & Co advises Standard Chartered Bank in relation to corporate guarantee

Khaitan & Co has advised Standard Chartered Bank in London in relation to a corporate guarantee provided by Crompton Greaves under the overseas direct investment route, in order to secure an approximately $27m (£17m) term loan facility availed by CG International in the Netherlands. Partner Devidas Banerji led the transaction and acted as the Indian […]

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