DJ Freeman enjoys bumper year of profits

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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 brief: Franks Charlesly set to be dissolved

Fourteen-partner firm Franks Charlesly is set to dissolve at the end of September. Last week key equity partner Philip Enoch arrived at Salans Hertzfeld Heilbronn, after announcing his intention to leave at the end of May. His decision prompted the firm’s 82-year-old senior partner Jack Franks to announce the firm’s dissolution within two months, but […]

In brief: Legal & Insurance scraps Lawplan scheme

Tunbridge Wells company Legal & Insurance (LIS) has pulled the plug on its mutual scheme Lawplan. The scheme, set up in 1994, was a precursor of “after the event” insurance schemes. Director Neil Mulroy said that the company had written to solicitors telling them that the claims fund was exhausted. “We’ve been let down by […]

In brief: Linklaters partner count reaches 212

Linklaters has made up 25 new partners, bringing its total to 212. They include three new recruits who were partners in rival firms. Insolvency partner Tony Bugg was poached from Dibb Lupton Alsop last October, where he headed the insolvency practice; securities specialist Richard Hughes was recruited from Herbert Smith; and Piphob Veraphong, made a […]

BAe checks in to pro bono

British Aerospace’s legal department has become the first in-house team to sign up to the Solicitors Pro Bono Group (SPBG), a move the group hopes will herald a major increase in pro bono work done by in-house lawyers in the UK. BAe deputy legal director Terence Black said he will invite his outside legal advisers […]

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