Bircham in Nottingham car parking levy scheme

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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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Intelsat brings in Tyco general counsel

Bermuda-based fixed satellite provider Intelsat has snared Tyco International general counsel for Latin America Armando Tirado to take up the role of general counsel for Europe and the Middle East. Tirado is temporarily working out of Intelsat’s Washington DC office, but is expected to move to his permanent base in London before the end of […]

Trouble at the top

The Companies Act has placed greater weight on directors’ liability in shareholder claims. Anthony Menzies reports on how the D&O insurance market is set for a boon As in so many things, the leading market for directors’ and officers’ (D&O) insurance protection historically has been the US, where directors of publicly quoted companies can expect […]

Mannheimer raids Swedish rival Vinge to build on record results

Swedish powerhouse Mannheimer Swartling has raided rival Vinge for a partner in Malmö and is set to break the SKr1bn (£75.74m) revenue barrier for the first time. The firm is predicting a revenue of SKr1.05bn (£79.53m), up from last year’s SKr930m (£70.44m). A boom in corporate activity has seen Mannheimer boost its partnership by eight, […]

Challinors chief hands over the baton

Trevor Lee has stepped down as senior partner at Challinors Solicitors after 45 years at the firm. Current deputy senior partner Paul Griffiths has taken over the helm at the Midlands firm. Lee will remain at Challinors as a consultant. He said that after 24 years as senior partner he was stepping down at a […]

RGA bags RiverStone counsel for global role

US reinsurance giant RGA International has hired RiverStone Management general counsel and company secretary Catherine Regan as international legal counsel. Regan will take responsibility for legal matters relating to Europe, South Africa and India, reporting to US-based RGA assistant general counsel Bill Hutton. She will be based in St Louis and work with a global […]

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