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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

Appeal judges to work unpaid

Court of Appeal judges are to work unpaid at least two extra hours a week for the next six months in an attempt to clear a backlog of 1,000 applications for leave to appeal. Lord Woolf, the Master of the Rolls, is keen to reduce the backlog by next summer when the results of a […]

Caribbean panel

A panel of solicitors who assist death row prisoners in the Caribbean will meet this Thursday at Allen & Overy. The panel, made up of solicitors from a number of prominent firms, will be discussing how to persuade Jamaica to abide by a United Nations demand for the judicial review of a number of cases. […]

Serb lawyers freeze courts during seven day strike over tax

Serbian courts were brought to a standstill last month when the legal profession went on strike over tax. The strike started in Belgrade, but spread nationally over the seven-day stoppage. Courts have now reopened, pending the Serbian government meeting the demands of the legal profession. The conflict is over the state taxes lawyers are obliged […]

Six unions join Justice Forum to fight cuts in legal resources

Six unions with legal connections have launched a Justice Forum designed to “unveil the full chaos that exists in the justice system”. The forum, which aims to coordinate the interests of those working in and using the justice system, says it will “maintain a watching brief” across the whole justice system and demonstrate the full […]

Litigation Recent Decisions 03/09/96

Jurisdiction over children habitually resident in Scotland D v D (Custody jurisdiction) (1996). FAM (Hale J) Summary: An English court held not to have jurisdiction to make a residence order in respect of children who had been taken from their habitual residence in Scotland without the father’s consent. After returning from Spain to the UK, […]

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