Agreeing transatlantic compensation

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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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Credit Suisse forms legal panel

Credit Suisse, one of the top three Swiss banks, has appointed seven leading firms to a new legal panel in a move which aims to control cost and quality of services provided. The firms – Allen & Overy, Denton Hall, Herbert Smith, Stephenson Harwood, Watson Farley & Williams, Lawrence Graham and Rayner De Wolfe – […]

Cunningham appeals fraud conviction

The recent report of the ‘beef’ tribunal of inquiry in the Irish Republic has left angry taxpayers with an Iru30 million bill in legal fees. One senior counsel earned over Irul million, the equivalent of the total estimated cost of Britain’s Scott Inquiry into the Arms-for-Iraq affair. Faced with widespread criticism over what is seen […]

LCF calls for spotlight on race cases

The Law Centres Federation (LCF) believes that lack of training is to blame for the judiciary’s alleged failure to deal effectively with racially motivated crimes. A motion passed at the LCF annual general meeting pinpointed the “failure by the CPS to have properly trained prosecutors and a reluctance to undertake prosecutions”. Debashish Dey, of Tower […]

Bar Council elections

The Bar Council elections are once again in full swing with at least three strong contenders currently in the running for the post of vice chairman. Contenders will have been announced at the weekend’s Bar Council meeting. Current vice chairman Peter Goldsmith QC, of Fountain Court, is unlikely to be contested for the top job […]

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