CC wins hearing over associate’s union status

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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

Dutch giant hives off private client practice

Dutch heavyweight Nauta Dutilh is splitting with its Rotterdam-based private client team as the firm continues to pursue its corporate-focused strategy.The two-partner, five fee-earner team will establish a new boutique, the name of which will be announced later this year. The split has been described as entirely amicable, with Nauta commiting to refer its private […]

Court of Appeal plays supporting role to under-fire actuarial firms

A recent Court of Appeal decision has given actuarial consultancies a glimmer of hope amid an increasing trend for pension funds to sue their advisers. Kirkpatrick & Lockhart Nicholson Graham and John Wardell QC of Wilberforce Chambers secured victory for actuarial firm William M Mercer, which was being sued by Irish company Precis over advice […]

Post-merger DLA plummets in ‘best firm to work for’ list

DLA has sunk 53 places in The Sunday Times 100 Best Companies to Work For list. DLA has sunk 53 places in The Sunday Times 100 Best Companies to Work For list. DLA was one of the highest ranked law firms at 35 in 2004, but the now-merged DLA Piper Rudnick Gray Cary languishes at […]

Home rules

In an attempt to curb ‘artificial’ schemes that help people avoid paying inheritance tax, the Revenue is trying a new tack. But as Matt Wakefield reports, the revision needs revising In recent years, the Inland Revenue has become increasingly frustrated by the widespread use of ‘artificial’ schemes to save inheritance tax (IHT), in particular on […]

In-housers rule the roost on MoD’s IT outsourcing

In-house teams are dominating for the consortia bidding for the Ministry of Defence’s (MoD) £4bn IT outsourcing deal. Denton Wilde Sapte (DWS) is advising the MoD on the Defence Infrastructure Initiative project, but with the bidding down to two consortia it was the in-house teams that are doing the bulk of the legal work. The […]

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