Defining moments of customary law

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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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Bar Council acts to avoid court listing

The Bar Council has broadened the competition for its online court listing service with the appointment of a second supplier to run the service. The move follows concerns that the existing supplier of information, CNS, should not be allowed to monopolise the service, after a second listings company, CLLIX, ceased operating. Now, following a consultation […]

Death penalty. Death row lottery

At its mid-year meeting last month the American Bar Association (ABA) called for a moratorium on executions. The ABA is not known for its opposition to capital punishment. But, as one New York attorney put it, it is important that “lawyers, those closest to the system, stand up and say it’s in shambles”. They are […]

Optional extras

Shared-based employee benefits have their origins in the US where this form of motivation and reward for employees, both senior executive and company-wide, has been commonplace for some time. There is little doubt that there is now an equal interest in these structures in the UK and also, slowly, in continental Europe. The UK has […]

Robot helps tackle the caseload

The legal software house, Solicitec, is introducing a “robot” to its office case management system for law firms. The company says its Solcase Robot adds increased automation to existing workflow procedures. The concept, which aims to save time by means of built-in actions, already exists in other professions, such as banking. Managing director Neil Ewin […]

Financing and restructuring

Norton Rose acted for US developer AES on the £112.5m development and financing of a 230MW power station in Barry

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