Watson Burton opens Leeds base

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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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McGrigors stocks up on flotations

The corporate team at McGrigors tucked away 11, primarily AIM, flotations in six months, despite a turbulent year which saw the exit of three legacy KLegal partners. The eleventh deal came on 5 August with the introduction to AIM of the Toronto-based technology company Azure Dynamics Corporation. McGrigors advised stockbrokers Bridgewell on the deal, with […]

Markel International in legal head first

Insurance group Markel International has appointed its first ever head of legal. Penny Whitwell has been promoted from her role as general counsel of the company’s professional liability division to become head of legal for the entire business. Whitwell joined Markel in 1990 as a claims manager, moving to professional liability in 2001. She began […]

Herbies wins Hypo

Herbert Smith has completed its first deal for new client Hypo Real Estate Bank International. The City firm advised Hypo on an £88m bid facility made available to Winten to finance its recommended offer for property investment group Estate & General. Herbert Smith was picked as one of Hypo’s preferred advisers after it was spun […]

Arnold Bloch Leibler appoints commission big shot

Australia’s Arnold Bloch Leibler has appointed the former chairman of the Australian Competition Commission (ACCC) as a consultant to its trade practices group. Allan Fels, who joined the firm earlier this month, will also provide general consultation services, and has expressed an interest in the firm’s public interest law practice. Fels resigned from the ACCC […]

KSB Law

Despite the trendy name, KSB Law is a firm strongly grounded in English history. The first mention of the 19-partner firm can be found circa 1792. Then based at Lincoln’s Inn, it only moved earlier this year after centuries of merger and demerger. Now comfortably ensconced in its new City premises and with the aim […]

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