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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

Is indemnity always a must?

David Brown argues that compulsory professional indemnity insurance cover for expert witnesses may be unnecessary. David Brown is a manager in the litigation support department at Ernst & Young. Many expert witnesses choose to take out professional indemnity insurance to protect themselves against the risk of a claim for negligence, arising out of their advisory […]

Litigation Writs 28/04/98

A major High Court damages claim has been launched over alleged structural defects at the White Lion Walk shopping centre in Guildford. The owner of the shopping centre has launched a claim over the design of the development’s atrium roof. Britel Fund Trustees is suing White Lion Walk and Tarmac, both of Wolverhampton, and Crampin […]

Germans advance on central Europe while other firms withdraw

In a major boost to its central European practice, German firm Feddersen Laule Scherzberg & Ohle Hansen Ewerwahn has opened offices in Budapest and Warsaw. In Budapest, the firm has brought on board Hungarian lawyer Zsusza Oroszlan. Hamburg-based partner Geza Toth will oversee the operation. In Warsaw, meanwhile, a senior Polish lawyer, Anerzej Kwiasnik will […]

Prescription for medical experts

Peter Marquand says use of medical experts must be streamlined following Lord Woolf’s reforms and increased demands. Dr Peter Marquand is a doctor and solicitor at Capsticks. In any medical negligence action expert witnesses play a key role because of the complex technical nature of the subject and the unpredictable response of the human body […]

In brief: KPMG on the acquisition prowl, says Rake

KPMG’s new senior partner Mike Rake, elected last week, has reaffirmed his firm’s determination to acquire a leading law firm. The Lawyer revealed a year ago that KPMG had been talking to Eversheds and Norton Rose. At the time, then senior partner Colin Sharman told The Lawyer that the firm was almost certain to link […]

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