Cambridge dons rebel against LPC proposal for 'City trainees'

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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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Legal Monte Carlo rallies top counsel

Powergen, BT, Invesco, Hillsdown, BNFL, Nomura International, Novartis, the Post Office, Cheltenham & Gloucester, the Littlewoods Organisation and Iceland are among scores of high-profile in-house counsel who have already signed up to Legal Monte Carlo ’99 in November. Firms such as Linklaters & Alliance, Cameron McKenna, Simmons & Simmons, Dibb Lupton Alsop and Norton Rose […]

LAB awards direct contract to 2 Garden Court

2 Garden Court has become the first chambers to win a direct contract from the Legal Aid Board. The public can now bypass law firms to get legally-aided advice direct from the set. Colin Cook, senior clerk at the common law set, describes the contract as “a very exciting development”. Jan Luba, a barrister at […]

KPMG merges Euro legal arms

KPMG, the global accounting, tax and consulting firm, is threatening more vigorous competition in the European legal services sector by uniting its continental law practices under a single, co-ordinated management structure. The move is expected to thrust the KPMG legal arm further into the market for cross-border corporate, tax, and commercial law advice, allowing it […]

In brief: McDermott Will & Emery

McDermott Will & Emery has raided Baker & McKenzie for the second time this year, poaching top telecoms partner Stephanie Liston. Liston joins US firm McDermotts to head its European communications practice hot on the heels of Fraser Younson, Bakers’ former head of employment, who joined the firm in March.

In brief: District Judge Richard Holloway

District Judge Richard Holloway, who sits at Carlisle County Court, has been elected president of the 384-strong Association of District Judges, with District Judge Tony Lancaster of Newcastle County Court as senior vice president. District Judge Holloway says: “The overriding objective of the District Bench for my year of office will be to make the […]

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