David Calvert-Smith:The QC who dared to be DPP

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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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In-house:Pro bono breakthrough for British Aerospace lawyers

British Aerospace’s (BAe) legal department is set to become the first in-house team to gain Law Society approval to do pro bono work. Backed by the Solicitors Pro Bono Group (SPBG), BAe has been lobbying the Law Society for a waiver from its professional conduct rules, which currently state that in-house lawyers can only advise […]

MS sufferer sues Wilde Sapte for discrimination

A budding lawyer with Multiple Sclerosis (MS) who was laid off by Wilde Sapte while in hospital, has accused the firm of discrimination. In one of the first cases of its kind to reach an industrial tribunal, Rubina Cassell is bringing a claim against the firm under the new Disability Discrimination Act. Stratford Industrial Tribunal […]

Vizards in turmoil as equity partnership splits in two

City insurance specialist Vizards was in disarray last week after its eight equity partners split into two camps, both of which went on to claim they had secured the backing of the bulk of the rest of the firm. The split happened during a partners’ meeting on 22 October, when four of the equity partners […]

Orange sees red in Reading

Reading Football Club face High Court moves by Orange Personal Communications Services in a row over a transceiver station in Reading. Orange has issued a High Court writ in London, through Bristol-based firm Bevan Ashford, against the football club, along with Barratt Thames Valley and Barratt Homes, seeking an injunction to prevent them from dismantling […]

Australian state gives green light to MDPs

Multi-disciplinary practices (MDPs) are set to be legalised in Victoria, Australia, after a report backing a liberalisation of regulations for lawyers and accountants was tabled in the state’s parliament last week. The report, by the Victorian Legal Ombudsman’s office, suggests removing the current ban on profit-sharing between the professions and on lawyers entering into agreements […]

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