Dutch Bar lets market forces decide payment

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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 […]

Recommended

Oxleys partner to boost litigation dept

Rotherham firm Oxley & Coward has recruited Tim Toomey to head the litigation department as part of its drive to become one of the area’s major law firms. Toomey, who joins from Sheffield firm Taylor & Emmett, previously spent six years at Eversheds. As a partner he intends a considerable expansion of his department. He […]

Manches seeks another merger to keep growing after swallowing Rubinsteins

Manches & Co is looking to merge with another practice to mark the next phase of its expansion following its take-over in 1994 of London-based Rubinstein Callingham Polden & Gale. Corporate partner Melvin Pedro said: “A merger would make sense for us because there are definite advantages in having the kind of economies of scale […]

Brief

Dressage rider Carl Hester has set a first by being sponsored by a group of barristers. A syndicate of 15 barristers from commercial set Brick Court Chambers – including head of chambers Christopher Clarke QC – has agreed to sponsor the top British dressage rider in what is believed to be the first Bar sponsorship […]

Balfour installs high-tech phone messaging system

SCOTS firm Balfour & Manson has invested over £70,000 in state-of-the-art telecommunications equipment. It will be one of the first law firms to operate a Visual Mailbox, which allows employees to access their voice and fax messages from their PCs, meaning they can prioritise which messages to respond to first. Clients will be able to […]

Bar pro bono unit wants direct access for public

The public will be able to use barristers without referral from a solicitor if the Bar’s new pro bono unit persuades the Bar Council to relax its referral rules. The unit, launched a month ago to tackle unchecked instances of injustice referred by solicitors, has been inundated with calls from the public. Under the Bar […]

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