Education 'in danger' from litigious trend

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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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Freeman declares himself insolvent

SOLICITOR Michael Freeman, acting for Names in the Lloyd’s litigation, has declared himself insolvent and applied for an Individual Voluntary Arrangement after running up debts of u1.5 million. Creditors to Freeman, a partner with Epstein Grower & Michael Freeman, approved an arrangement on 12 September. Among the 21 creditors are seven banks, five credit card […]

Legal proposals 'fail' disabled

LEGAL groups say they are disappointed by proposals put forward in the Government’s consultation paper on discrimination against the disabled. The paper calls for opinions on a range of issues including employment and access to goods and services. Several professional bodies, including Law Society committees, are preparing responses to the paper which claims “sweeping legislation” […]

Demands on laundering

Denton Hall is calling for the Government to be “more proactive and imaginative” in its initiatives to prevent money laundering. Partner Robert Finney claims implementation of EC money laundering legislation imposes an unfair burden on the City and financial businesses. At a seminar last week, he said that money laundering provisions extend the duty to […]

Dibbs debt merger costs support jobs

DIBB Lupton Broomhead is merging its Bromley and Bradford debt collection offices to improve efficiency. The move will involve the closure of the Bromley office at the end of September. A few Bromley support staff will be offered jobs in Bradford and London, but the rest face redundancy. No solicitors will lose their jobs. Debt […]

QUOTE…UNQUOTE

Do Birmingham lawyers believe that there is a place in the city for an Arthur Andersen-style multi-disciplinary practice? “The plan seems to be for a Garrett & Co office to open in every city where there’s an Arthur Andersen office. Obviously, that’s going to have an impact – it’s further competition.” Julian Tonks, senior partner, […]

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