End of Franks Charlesly is blamed on “overreaction'

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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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Cameron plays key role in Exchange merger

The London Stock Exchange’s in-house team, led by Allan Cameron, played a key role in negotiating its strategic alliance with the Deutsche Borse. Cameron, a member of the Stock Exchange’s management committee, will now sit on a joint London-Frankfurt project board, with fellow management committee member Martin Wheatley, chief executive Gavin Casey and three members […]

PI lawyers celebrate landmark Lords ruling

PLAINTIFF personal injury lawyers have hailed last week’s landmark House of Lords ruling on the compensation of accident victims as a vindication of a 30-year campaign for a change in the law. Five Law Lords overruled the Court of Appeal and unanimously ruled that lump sum payments to accident victims for future losses should be […]

London solicitor jailed for bribes

A London solicitor who bribed an Inland Revenue official to help him track down his clients’ debtors has been jailed for two-and-a-half years. At the Old Bailey on 10 July, John Cornillie admitted conspiracy to bribe a public officer and cheating the Inland Revenue of £11,265 by giving untaxed money to staff at his firm, […]

Lawyers at play

Theodore Goddard trainee solicitor Rita Bedi, who is also a professional Indian dancer and amateur dramatist, took the starring role in the City of London Solicitors’ Company’s production of Love’s Labours Lost. Her main ambition, however, lies in practising corporate law.

Theodore Goddard loses insolvency head to Finers

THEODORE Goddard has been hit by the departure of its head of insolvency, Jonathan Lewis, to West End firm Finers. Lewis – a leading player in corporate restructurings – will join Finers this week as an equity partner and as its new head of insolvency. Lewis told The Lawyer that he was “not prepared to […]

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