Gray's Inn Tax hires Inland Revenue lawyer

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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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Quote of the week

“It’s not rocket science – it’s just a well executed defence.” – Slaughter and May corporate partner William Underhill, who led Blue Circle’s defence against a hostile all-cash bid, discusses the service provided for his client.

Perrin's View

I’m writing this on the beach. These days it’s the thing to do en vacances. And it isn’t just me who thinks that. There are quite a few of us gadget freaks here, frolicking in the sun and the surf with our splash-proof MP3s, our Palm Pilots, our WAP-enabled mobiles. It’s the leisurely lifestyle, though, […]

Suspended firms back on Axa panel

Berrymans Lace Mawer and Kennedys are returning to Axa’s panel after the insurer finally lifted a six-month suspension on the two firms. Kennedys’ Brentwood off-ice and Berrymans’ London office had been prohibited from handling any high volume claims litigation work for the insurer earlier this year after they failed to comply with protocol (The Lawyer, […]

TMP Worldwide buys UK legal recruitment agency QD Group

Global legal recruiter TMP Worldwide is acquiring the UK’s biggest legal recruiter QD Group. UK-based QD has operations in 10 countries and in 1999 had annual commissions and fees of £10.7m. Terms of the deal have not been disclosed, but it is understood that TMP purchased QD for £43m, leaving founder Gareth Quarry with an […]

Reynolds Porter

Reynolds Porter Chamberlain acted for OneEighty Software on the $1m (£668,000) funding being invested by NewMedia Spark. The internet investment company has taken a 20 per cent stake in OneEighty Software in return for its capital. Corporate partner Ron Norman acted on the deal with associate Marianthe Brotherton. Nabarro Nathanson advised NewMedia Spark.

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