Eversheds exodus in Leeds reshuffle

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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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In brief: London firm boss heads for Midlands

FAMILY solicitor Madeleine Parker (pictured right), the former head of London firm Russell-Cooke Potter and Chap- man’s family department, has joined Sutton Coldfield niche matrimonial practice Benussi & Co. Parker, who is a member of the Solicitors’ Family Law Association’s children’s committee, joins Benussi & Co after leaving her former firm to settle in the […]

Airbus litigation appeal

The Law Lords have given leave for appeals on behalf of victims and relatives of victims of the Indian Airlines Airbus crash at Bangalore, India, in 1990 in respect of a dispute over where the claims should be heard. In April last year the Commercial Court dismissed an application by Airbus Industrie to confine the […]

Regis rolls on as Betts takes reins

The Law Society has agreed to spend up to £2.5m more on the troubled Regis computer project, as well as to appoint a further 61 members of staff. The allocation of funds for phase four of the Regis project, now called Road (Regis Office Automation Development), was passed with little debate by the society council […]

European Court casts doubt on TUPE law

The TRANSFER of undertakings law has been thrown into confusion following a European Court opinion which suggests that the employment obligations binding on one contractor may not be passed on to a successor. The recent opinion by Advocate General La Pergola at the European Court of Justice, that a changeover of contractors is not necessarily […]

Blair in bid to raise debate on court fees rise

Tony Blair has stepped into the debate over the Government’s decision to increase civil court fees by employing a procedural device to get the issue debated in Parliament. It is, however, highly unlikely that the Labour leader will be able to use the device, known as “laying a prayer”, to force a vote on the […]

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