Alan Morris

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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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Olswang drops EMI work

The firm won a role advising EMI, a member of Virgin’s consortium SpectrumCo, after appearing at The Lawyer’s Legal Monte Carlo 99 conference. However, because the firm is acting for rival bidder MCI WorldCom, it feels the conflict would be too strong. EMI has now awarded the work to its long time adviser Rowe & […]

Recovering from the economic boom

At a time when the Society of Practitioners of Insolvency (SPI) was voting to change its name to the Association of Business Recovery Professionals (see pages 12 and 15), in order to dispense with the dreaded word “insolvency”, along came the two biggest UK receiverships for a long time – TransTec and Versailles. And which […]

DPP steps into double jeopardy debate

David Calvert-Smith says that in cases such as murder, rape or serious assault a suspect should be retried if there is compelling new evidence, such as DNA profiling, or a confession. He adds that although in general, he supports the double jeopardy rule, it was “a scandal” that criminals could brag about their crimes without […]

Al Fayed targets Hamilton

New court moves involving Harrods owner Mohamed Al Fayed and the “cash for questions” libel action which ended in defeat for former MP Neil Hamilton are now under way, says Harrods. Lawyers for Al Fayed are gearing up for a further hearing in a bid to ensure that Hamilton complies with the trial judge’s order […]

Quote of the week

“People may think that because it’s a little country, Estonia is of no significance, but it’s going to turn into the Switzerland of the Baltics.” – Malcom Price of Bretherton Price Elgoods.

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