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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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In brief: Three judges chosen to head circuits

The Lord Chief Justice, Lord Bingham of Cornhill, has appointed Mr Justice Moses to be presiding judge of the South Eastern Circuit, Mr Justice Astill as presiding judge of the Midland and Oxford Circuit and Mr Justice Bennett as presiding judge of the North Eastern Circuit.

Herbert Smith abandons FirmControl

HERBERT Smith is replacing the Resolution Systems practice management system it bought in 1994 with a rival package produced by US company CMS Data. The firm began installing CMS Data’s Open system at the start of the year and has set an October deadline for its full installation. Herbert Smith was the first City firm […]

Litigation Recent Decisions 30/6/98

Request by television interviewee for injunctions Robert Bunn v (1) British Broadcasting Corporation (2) Victor Gollancz Ltd (1998) Ch.D (Lightman J) 19/6/9The plaintiff applied ex parte but on notice to the defendants for injunctions. The first was to restrain the first defendant, “the BBC’, from including in a television broadcast, any material contained in an […]

In brief: Bar Council launches guide to European law

The Bar Council launched its new guide to European law The Practitioners Handbook of EC Law last week at a reception in at the Old Hall in Lincoln’s Inn. The handbook is to be provided free to every practising barrister.

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Claim limit slated

THE Law Commission is set to abandon controversial plans to introduce a 30-year “long-stop limitation period” in personal injury cases after the proposal caused uproar among PI lawyers. The Law Commission’s head of common law, Professor Andrew Burrows, told The Lawyer last week it was “unlikely” the commission would go ahead with the plan, which […]

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