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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

Court warns Lord Chancellor over contracting

The caution from three judges came yesterday, even though they rejected a challenge against the Lord Chancellor’s shake-up of the legal aid system. In a challenge to the legal aid contracting scheme – brought by Mackintosh Duncan solicitors and backed by the Law Society – the court refused to quash the scheme introduced in January, […]

Glossary

ADSL – Asymmetric Digital Subscriber Line Provides fast internet access. It is a standard which provides high bandwidth for data and voice connection. CMS, Solicitec, Hotdocs and Rapidocs Examples of finance systems, case management systems and document assembly products. CRM – Customer Relationship Management The use of software systems to preserve and search customer data. […]

Lawrence Tucketts set for merger with Trumps

Bristol-based law firms Lawrence Tucketts and Trumps are merging to form the third largest firm in the region – rivalling Osborne Clarke and Burges Salmon. Under the structure of the new 30-partner firm, the managing partner of Trumps, Robert Bourns, and the senior partner at Lawrence Tucketts, Tim Pyper, will retain their positions. The merged […]

Property

Rowe & Maw acted for BG Staff Pension Scheme on three property acquisitions, all led by property partner James Black. The first project was the site acquisition and forward funding of an office development in Watford, on which Theodore Goddard acted for developer Gryphon Developments. In the second, the pension scheme bought a warehousing estate […]

Norton Rose raids Davis Polk

Richard Baumann, an associate in the American firm’s London office, moves to Norton Rose as a partner in April

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