UK Roundup: The North West

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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 […]

Recommended

Freshfields set for more Wolseley work

Freshfields Bruckhaus Deringer must be rubbing its hands with glee as client Wolseley, the world’s largest heating products distributor, last week signalled its intention to continue spending big on bolt-on deals. Freshfields, through corporate partner Stephen Hewes, has already reaped a windfall this year. Hewes led the team advising the company in September on its […]

A&O secures rare win for Macquarie

Hats off to Macquarie for trumping its rivals on the bid for Thames Water, and hats off to Allen & Overy old hand Alan Paul for keeping the Australian bank in the fold. (See the full story.) Macquarie has used all sorts of law firms during the past couple of years, so A&O will be […]

Green papers

Unlike the UK’s DTI, Ireland’s ODCE has power to prosecute criminal offences – and law firms have been correspondingly busy, reports Brid Munnelly A key weapon in the armoury of corporate law enforcers is the corporate investigation. Ireland has seen an increased focus on investigations into Irish companies and their management following various reports and […]

Location, location, location

Tired of yet more advice on a debt-for-equity swap? Does the prospect of being locked in the data room bore you to tears? Then allow Tulkinghorn to point you in the direction of an ad for a senior legal consultant placed in the hallowed pages of The Lawyer by recruiter TRC. They’re not fussy: you […]

Blake Lapthorn partners vote to save City office

Partners at Blake Lapthorn Linnell’s London office have given a last-minute vote of confidence to the firm’s merger with IP/IT firm Tarlo Lyons, withdrawing from merger talks with Matthew Arnold & Baldwin. The talks with Matthew Arnold would have seen Blake Lapthorn’s entire London insolvency and property practices, the basis of its office in the […]

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