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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

Flotations & Financing

Hammond Suddards acted for the bank syndicate providing a £105m multi-currency loan facility to finance an acquisition by auto depot chain Kwik-Fit Holdings of continental rival Speedy Europe SA Group. Karen Jarvis, Hammond’s Manchester-based banking partner, led the team. Halliwell Landau advised Kwik-Fit Holdings.

Trio unite to offer insurance litigation

JACKSONS, Cartwrights and Hextall Erskine are forming a consortium to pool their insurance litigation services. Bill Goyder, managing partner of Stockton-on-Tees-based Jacksons, says the consortium is considering adding further members and an announcement will be made in “a short time-span”. He comments: “It is best described as a strategic alliance. I am not aware of […]

Peter Carey looks at the new Data Protection Act 1998.

Peter Carey is senior lecturer at Guildford College of Law. Any solicitor worth their salt must be equipped to advise clients on their radically altered responsibilities under the Data Protection Act 1998, which establishes a new regime for the processing of personal data. The new legislation, repealing the 1984 Act ushers in fundamental changes to […]

Denton Hall to open in Dubai

CITY firm Denton Hall will next week open an office in Dubai. Michael Doble, managing partner for Denton Hall’s Middle East practice, says: “It is extremely exciting for us to have been granted the first of what we hope, and expect, will be three licences.” “The focus of work continues to be energy, telecoms and […]

Not all rethinks are a climbdown

I refer to the leader column “Lord Irvine’s climbdown” (The Lawyer, 1 February). Will you please stop using headlines that can only discourage the review of decisions that need to be changed? Either Lord Irvine was originally right, but circumstances have justified a change of decision – praise him on both counts – or he […]

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