CC wins Rugby World Cup

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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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Eaga brings Shaw & Co lawyer in-house

Energy efficiency solutions group Eaga Group has appointed Chris Judd as group solicitor from Newcastle’s Shaw & Co. Judd has worked in private practice in the North East for 13 years and qualified as a solicitor in 1989 in London. Judd said he was delighted to join Eaga Group after working for the firm in […]

FTSE rankings trigger Lovells-Freshfields row

A bitter row has broken out between Lovells and Freshfields Bruckhaus Deringer over the firms’ relationship with ITV, as the latest statistics from Hemscott Group reveal that Lovells has just four FTSE100 clients. ITV has confirmed to The Lawyer that both firms advised the FTSE100 media giant on the aborted takeover approach from a consortium […]

Addleshaws puts BPP on a pedestal

In a rebuff to providers boasting firm-exclusive LPCs and technology-based learning, Addleshaw Goddard is to insist that all its trainees study the LPC exclusively at BPP Law School. From September 2007, the firm will send its annual intake of 35-45 trainees to BPP’s centres in Leeds, London and Manchester, which continue to offer mixed-firm tutorials […]

Fraud focus

The extreme length of the SFO’s unsuccessful investigation into TransTec’s payments to Ford highlight the need for fraud prosecutors to review their own cases on an ongoing basis – and to be held accountable for their own failures to do so, says Stephen Parkinson For too long fraud prosecutors have avoided detailed scrutiny of their […]

US Congress slams Milberg Weiss indictment

Milberg Weiss Bershad & Schulman, the US plaintiffs’ firm recently indicted for alleged referral fees, has picked up a powerful ally in the shape of the US Congress. Congress issued a statement slamming the US Department of Justice’s actions in indicting Milberg Weiss. Signed by four Democrat Congressmen – Charles Rangel, Carolyn McCarthy, Gary Ackerman […]

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