Freshfields sweeps into Italian market

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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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Commercial first for northern set

Two senior Manchester barristers are leaving Hollins Chambers to start the first exclusively commercial set outside London. The new set, to be known as Merchant Chambers, is the brainchild of barristers David Berkley and Stephen Cogley, who aim to provide purely specialist representation for the area’s business and banking sectors. They plan to start business […]

Irish curb 'no win no fee' advertising

The Irish Law Society is to curb “no win no fee” advertising in the Republic of Ireland. Under regulations to be introduced shortly, future advertisements will be required to explain to clients that they could be liable for costs and expenses awarded against them by the courts if they lose. The advertisements will also have […]

Conference hears of benefits of teleworking

Teleworking increases productivity and profitability and is the way forward for law firms, according to Christopher Davis, chief executive of City firm Davis & Co. Speaking at the Telework UK ’96 conference in Docklands in November, Davis said teleworking was a key factor in reducing overheads because it liberates firms from the need for expensive […]

Accounting for legal rivals

Lawyers in the Netherlands are facing a new threat to their livelihood as the country’s accountants step up their fight for a chunk of the legal services market. Two accountancy firms, Price Waterhouse and Arthur Andersen, have begun court action against the Dutch Bar Association over its rules on multi-disciplinary partnerships. Meanwhile, Price Waterhouse has […]

Making sense of court divisions

It is more than a century since the Courts of Common Law and Equity were merged but as far as the organisation of the High Court is concerned that merger might never have happened. The division of functions between the Chancery and Queen’s Bench Division is still based on historical factors rather than logic and […]

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