Field opens up as clubs go public

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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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Profession loses appeal for Osbornes man

The drift of senior lawyers to top flight management jobs outside the profession has continued with the appointment of Osborne Clarke corporate partner Jeremy Simon to the board of Prism Rail. Prism is one of the few privatised rail companies quoted on the London Stock Exchange. Simon will handle the development of corporate services, including […]

Silkin's Nickols enjoys Three Tenors concert at Norwell's cost

Alison Laferia reports Simon Nickols, head of finance at commercial practice Lewis Silkin, heard the Three Tenors in concert at Wembley, courtesy of Norwel Computer Services. Nickols won two tickets in a business card draw at Norwel’s recent event, a ‘Day of Difference’. He said: “The music and atmosphere were very good. It was an […]

Leading lights shine out

Landlord and tenant cases may be seen as the ultimate David and Goliath battle in the commercial property sector, but in terms of barristers many involved say that one set houses the legal giants in this very specialised area. According to most leading practitioners, Falcon Chambers is “pre-eminent in this field and very highly rated. […]

New system speaks your language

Alison Laferia reports PC users can surf the Net or produce electronic documents simply by talking, with a new version of speech recognition technology recently launched by Dragon Systems. DragonDictate for Windows version 2.1: British English, allows the user to access Netscape browser menus and dialogue boxes by speaking. It also lets the user dictate […]

Euro money must be taken as legal tender

Norton Rose City lawyer Charles Proctor has warned that creditors will have no legal right to reject payment made with the Euro, the new European single currency due to be introduced at the end of the decade. Speaking at a conference in Cambridge, Proctor said that a creditor will have no valid claim for breach […]

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