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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

The safety net: best-practice guide — Australia

The safety net consists of the 10 National Employment Standards (NESs) and modern awards and sets the minimum terms and conditions of employment for all employees in the federal system. Set out in this briefing is a snapshot of particular elements of each NES entitlement. An employer must comply with the NES in relation to […]

Solicitor negligence: Court of Appeal case alerts

The Court of Appeal has recently decided cases on two issues that are fundamental to the practice of a solicitor: limitation and the enforceability of settlement terms. The facts and outcomes of these cases will be of interest for all those giving or relying upon legal advice. In Susan Berney v Thomas Saul (t/a Saul […]

birmingham
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Ex-client hits Challinors senior partner with bankruptcy petition

A former client of financially struggling Midlands firm Challinors has slapped the practice’s senior partner with a bankruptcy petition.  Solihull-based businessman Dharmendar Khag told The Lawyer he took the move after serving 16 of the firm’s past and present partners with statutory demands several weeks ago for the repayment in full of a £400,000 loan, […]

London

Hengeler adds third partner to London office to strengthen private equity

German firm Hengeler Mueller is relocating private equity partner Steffen Oppenländer to its London office to boost its offering in the City. The Slaughter and May best friend is the latest in a steady string of European firms to add capability to London in a sign of the City’s continuing importance as a hub for […]

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