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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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Gibson Dunn London signs up Lord Falconer

Gibson Dunn & Crutcher has taken a leaf out of the book of rival Debevoise & Plimpton by hiring a lawyer who served under former Prime Minister Tony Blair. Former Lord Chancellor Lord Falconer has joined Gibson Dunn as senior counsel in the firm’s London dispute resolution team, ­following in the footsteps of former Attorney […]

Pinsents property partner defects to BLP

Berwin Leighton Paisner (BLP) has hired Pinsent Masons property partner Andrew Yates as joint head of regeneration and public sector. He will co-head the practice alongside Lesley-Anne Avis. Yates specialises in property development and ­funding, including commercial property work and secured lending, leisure and retail premises, institutional purchases, joint ­ventures and property insolvency. Yates has […]

Camerons strikes black gold with North Sea oilfields brief

CMS Cameron McKenna has cemented its ties with Abu Dhabi National Energy Company (TAQA) after advising on its acquisition of eight North Sea oil and gas fields from Shell UK and Esso Exploration and Production. A TAQA subsidiary will purchase the fields, which produce around 40,000 barrels of oil equivalent per day. That translates to […]

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CC, Dewey lead on Abu Dhabi sewage work

The Dubai office of Clifford Chance has advised Abu Dhabi Commercial Bank as lender on the $400m (£203.14m) Abu Dhabi sewage project. The ­project will have two greenfield sewerage treatment facilities at Al Saad and Al Wathba, and was procured by Abu Dhabi Sewerage Services Company (ADSSC), a wholly owned subsidiary of Abu Dhabi Water […]

White & Case rebuilds with Wall appointment

White & Case rebuilds with Wall appointment” />White & Case has appointed former chairman Duane Wall as head of the firm’s global bank advisory practice. The move is a response to the loss of prominent financial services regulatory partner and former head, Kevin Barnard, who left to join Arnold & Porter with fellow partner Alan […]

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