Andrew Milne: an apology

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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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Mind your language

Shock news from VIA NET.WORKS, which is apparently a “leading provider of business communications solutions to small and medium-sized enterprises”. IT services suppliers have been slammed in a survey for using the most confusing jargon. Hard on their heels in second place is… lawyers. Who’d have thought it?

Prog on the Tyne

Poor old Eversheds. Those pesky persistent rumours that it’s about to close its Newcastle office (followed by the equally persistent denials from the management that it’s not) refuse to go away. Losing partners such as Andrew Davison, who joined local rival Robert Muckle last month, doesn’t help much either. Thankfully, the rumour mill was shelved […]

Sun Microsystems’ law firms are threatened by cull

Sun Microsystems is slicing its legal advisers in half in a move that will result in around 100 firms being axed. The US IT giant currently has relationships with more than 200 firms, but is seeking to reduce them within the next 12 months by 50 per cent. Sun Microsystems currently instructs a wide range […]

UK press in-housers fight privacy ruling

Associated Newspapers’ head of legal is attempting to mobilise the UK media to back lobbying efforts aimed at convincing the German government to appeal the controversial Princess Caroline decision to the Grand Chamber of the European Court of Human Rights (ECHR). Harvey Kass, head of legal at the newspaper group, has approached his colleagues in […]

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Barristers swallow risk with more no win, no fee

Top barristers are increasingly ditching brief fees and hourly rates for riskier conditional fee arrangements (CFAs). Research by The Lawyer reveals that a number of London’s leading sets undertook up to 450 per cent more CFA no win, no fee cases in 2003-04 than in the previous 12 months. While in some cases the spurt […]

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