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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 […]

Recommended

Third parties and arbitration agreements: Fortress Value v Blue Skye

In the recent case of Fortress Value Recovery Fund I LLC and others v Blue Skye Special Opportunities Fund LP and others, the English Court of Appeal considered the relationship between the Arbitration Act 1996 and the Contracts (Rights of Third Parties) Act 1999 to determine the extent to which third parties to a contract […]

Gordon Pollock
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Gordon Pollock QC steps down as head of Essex Court

Essex Court Chambers’ Gordon Pollock QC, one of the longest serving heads of chambers at the bar, is to stand down from the role. The Lincoln’s Inn set has named Richard Jacobs QC and Graham Dunning QC as co-heads of chambers, succeeding Pollock after almost 21 years in the role. Pollock, widely regarded as an […]

leeds

Walker Morris appoints former Deloitte chief as non-exec

Walker Morris has named former Deloitte managing partner Stuart Counsell as its first non-executive board director. Counsell spent over three decades at Deloitte, ending his career at the Big Four accountancy firm as managing partner of the finance and legal divisions. The Leeds firm is the latest in a string of UK firms to appoint […]

Taylor Wessing’s night of joy

For those who managed to scramble their way into work today, bravo. Not only are you all gold stars in the legal industry, you’re also jolly good fun. If anyone’s wondering what on earth we’re talking about, it was only the biggest event of the legal calendar last night – The Lawyer Awards. For the […]

Challenge to fees charged by lenders in the Czech Republic

Over the last few months, the lawfulness of certain fees charged by Czech retail lenders to their borrowers has been challenged. Tens of thousands of customers have reportedly claimed that fees they paid should be refunded. Several first-instance decisions have been issued that ruled that fees were charged unlawfully and should be refunded. These decisions […]

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