Government LLP plans will hamper UK firms

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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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Nabarros made regional agency sole adviser

NABARRO Nathanson has boosted its public sector profile by successfully securing the appointment as sole legal adviser to the South East Regional Development Agency (RDA). It is understood that Eversheds, which had previously acted for many RDAs including the South East, put in a tender for the appointment, but lost out to Nabarros. Eversheds’ commercial […]

Property

Nabarro Nathanson acted for Greenwich NatWest on the disposal of five property-related businesses to the William Pears Group for £21m. The deal included the sale of around 400 houses and flats owned by the five former Business Expansion Scheme companies. Partner Jerome Misso led the Nabarro team, with property aspects handled by a team led […]

McGrigors gains team of five from Hendersons

McGrigor Donald, Scotland’s biggest independent firm, has poached a team of five solicitors from a rival practice. Edinburgh-based Henderson Boyd Jackson will lose two partners and three assistant solicitors. The team is headed by partner Hannah Sutter, who specialises in intellectual property, and PFI lawyer Phil Myrescough. They are taking with them assistants Ian Catto, […]

Single fathers given rights

THE Lord Chancellor, Lord Irvine, is giving full parental rights to unmarried fathers if they register the baby’s birth jointly with the mother. Currently, unmarried fathers have to obtain a court order or make a legal agreement with the mother to gain such rights. The Daily Mail

Lawyers reap £12m in fees for Terminal Five

LAWYERS working on Brit-ain’s longest running legal hearing have netted about £12m in fees. The inquiry into a fifth terminal at Heathrow Airport is due to finish this month after up to 30 lawyers appeared at the hearing which exceeded 504 days. Cameron McKenna, which is leading the fight on behalf of BAA to allow […]

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