Zurich chops UK panel by 80 per cent

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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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End of the road as Coudert files for bankruptcy

Defunct firm Coudert Brothers is nearing its official end after filing for Chapter 11 bankruptcy protection in the Southern District of New York Bankruptcy Court late on Friday. In a petition, the firm stated that it did not have sufficient funds to post appeal bonds to challenge two court judgments against it, including a $2.5m […]

Web week 250906

The Lawyer ‘s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@ thelawyer.com. A News Daily a day keeps ignorance at bay The launch of The Lawyer News Daily last […]

Norton Rose Islamic finance star joins Al Salam Bank

Bahrain’s Al Salam Bank has appointed rated Norton Rose Islamic finance associate Mohammed Paracha as its first general counsel. Paracha, 29, was Norton Rose’s senior Islamic finance associate, covering the Gulf states, Iran, Syria and Kazakhstan after moving to the Bahrain office in 2004 from London. Despite the loss of one of its brightest stars, […]

EU ministers set rules on where to litigate

EU ministers have voted to establish common rules deciding which country’s courts should hear cases involving more than one member state. The Rome II regulation generally encourages parties to hear cases in the country where an incident took place, but makes allowances for them to make alternative arrangements in certain circumstances, such as in advance […]

Mergers boost firms’ rankings

Virtually all the biggest rises in turnover within the The Lawyer Global 100 2006 are attributable to mergers. DLA Piper leads the way with the biggest percentage rise of 53.4 per cent, thanks to the merger between Chicago’s Piper Rudnick with San Francisco’s Gray Cary Ware & Friedrich. Pillsbury Winthrop’s merger with Washington DC’s Shaw […]

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