White & Case corporate head leaves for oil job

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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 spends £5.5m on new building

Addleshaw Goddard‘s cash reserves dropped by £5.5m in the 2007-08 financial year as a result of taking on new London headquarters. According to the firm’s LLP accounts, Addleshaws had £11m in the bank and in hand at the end of the financial year compared with £16.5m at the end of the previous financial year. Managing […]

Private equity special report: why investors are reluctant to fund

In recent months attention has focused on the potential demise of private equity resulting from the lack of leverage available to finance transactions. But this isn’t the sole basis for concern within the private equity industry. Private equity managers are perturbed by the unwillingness of investors to make new commitments to the asset class. As […]

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Critics snipe at third-party litigation funding code

The proposed regulation of third-party litigation funders has come under fire for failing to bring full transparency to the sector. A draft code of conduct seen by The Lawyer stipulates that the assets of members of the proposed Third Party Litigation Funders Association should exceed liabilities, and that the ultimate parent company be a regulated […]

Dentons helps Al Jazeera change its image

Denton Wilde Sapte has been ­giving lessons to global media ­network Al Jazeera on improving its image in the press. A team including Doha-based client ­partner Safwan Moubaydeen, four London-based technology, media and telecoms and employment partners and the firm’s PR ­manager provided a week of ­seminars at the ­network’s Qatari headquarters. Al Jazeera requested […]

Wragges lays off 24 in wake of soaring staff costs

Wragges lays off 24 in wake of soaring staff costs” />Wragge & Co’s staff costs surged by £4.8m in the 2007-08 financial year after a top-of-market pay review saw salaries increase across the firm. According to the firm’s LLP results, total staff costs increased from £39.6m in 2006-07 to £44.4m in 2007-08, with wages and […]

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