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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

Deacon declared personally bankrupt

MERSEYSIDE solicitor David Deacon, a founder of the collapsed Liverpool firm Deacon Goldrein Green (DGG), has been declared personally bankrupt. Petitioning creditors, Chester-based NWS Trust, last week successfully applied for the bankruptcy order at Liverpool County Court. Deacon, who left the 18 office firm two years before it became the biggest ever law firm receivership […]

Corporate

Sita (GB), advised by Taylor Joynson Garrett, has completed a joint venture company with North London Waste Authority, advised by Rowe & Maw, to run the Edmonton incineration plant.

In brief: Lawyers hit the airwaves for Law Week

Preparations for the Law Society’s National Law Week (starting 22 May) are building up, with increasing numbers of local societies adding their names to the list of participants. Events include a stand by Manchester Law Society with a rota of solicitors giving free advice, a special legal advice centre for the Afro-Caribbean community run by […]

Conditional fees set to go ahead despite judge's fears

CONDITIONAL fees look set to be laid before Parliament soon after Easter despite a string of complaints about the draft rules by key advisers to the Lord Chancellor. Lord Mackay is taking another look at his controversial “no win no fee” proposals after the Lord Chancellor’s Advisory Committee on Legal Education and Conduct (Aclec) expressed […]

Lancaster takes over helm at Halliwells

ROGER Lancaster has succeeded Clive Garston as senior partner of Manchester firm Halliwell Landau, one of the leading corporate law practices in the North West. The move follows a 12-year reign with Garston at the helm of the firm during which Halliwell Landau has grown from “a small firm in Manchester to one of the […]

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