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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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Carter-Ruck calls for libel reform

Veteran libel law guru, Peter Carter-Ruck has called for an overhaul of the way defamation cases are run. Speaking at a seminar in Disneyland where the senior consultant at Peter Carter-Ruck and Partners went head-to-head with Private Eye editor, Ian Hislop, he said: “I think it is scandalous there is no legal aid for defamation. […]

SIF case must wait until May

SOLICITOR Michael Dalton’s long-awaited day in the High Court is hanging in the balance as the Law Society claims one day is insufficient time to hear the case. The Portsmouth lawyer, who is seeking a judicial review of his Solicitors Indemnity Fund (SIF) bill, could now go to the High Court in April or May […]

Fatcat:Tackling the lure of the top five

Senior partners of the top five staunchly defend themselves against accusations that they are poaching key players from the firms in the tier below them. “Partners are ruddy well queueing round the block to get in. We’re having to turn them away,” scoffed one senior partner recently after a rather heavy dinner – unattributable, of […]

Dibbs gets boost with three new partners

DIBB Lupton Alsop is appointing three new partners to its London and Birmingham offices. Dibbs is recruiting a corporate recovery and insurance (CRI) insolvency team from Davies Arnold Cooper. The team is headed by Nigel Montgomery, who brings with him Juliette Stevens, Geraldine Quirk and Stephen Hatherall. Montgomery will become a partner at Dibbs. Dibbs […]

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Magistrates court staff demand 6 per cent rise

MAGISTRATES court staff are threatening to work to rule if their demands for a 6 per cent pay increase and a £600 lump sum are not met, The Lawyer can reveal. If the threat is carried out, magistrates courts could be plunged into chaos with ushers, clerks and administrative staff refusing to work outside their […]

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