Brent Law Centre lawyers get redundancy warnings

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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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Scuffle of the week:

Veteran CPS basher Neil Addison (pictured) notched up another round in his battle against the service. Former senior crown prosecutor Addison, who resigned in 1995 after being suspended for his political activities while on the Bar Council, has since been consistently passed over for jobs at the CPS, despite enjoying a good reputation among his […]

SIF vote criticism 'sour grapes'

It is nonsense to suggest that the four council members who also sit on the board of SIF have a “vested interest” in the continuation of the mutual fund and should have done the “honourable thing” by abstaining from the vote (The Lawyer, 9 March). I challenge anyone to explain precisely what form this “vested […]

CPS plans shake-up of 'preferred sets' system

The Crown Prosecution Service is proposing fundamental changes to the system of selecting barristers to do its prosecution work, just a month after cutting 11 sets from its “preferred sets” list, as exclusively revealed in The Lawyer (17 November 1998).A CPS spokeswoman says: “The CPS has proposed that there should in future be access by […]

Ocean Marine liquidation threatens lucrative work

The provisional liquidation of shipping insurance provider Ocean Marine Mutual is threatening to cut short a mountain of lucrative legal work for UK law firms.Ocean Marine Mutual has been engaged in a series of long running disputes with a number of parties including its Australian reinsurer, FAI, represented by Clyde & Co, one of eight […]

Police to set dangerous precedent, says Tuckers

A police decision to tell the victim of a hit-and-run accident to fight the case himself, despite having enough evidence to prosecute, is setting a dangerous precedent, says a leading criminal lawyer.Businessman Max Lehrain was told by the Metropolitan Police that it was “not in the public interest” to prosecute the motorist who drove off […]

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