Hammonds loses another pensions partner to Eversheds

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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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39 Essex St opens in Manchester as Admin Court work pours in

London set 39 Essex Street is poised to launch a Manchester branch in June. London set 39 Essex Street is poised to launch a Manchester branch in June. Initially barristers will commute to the base from the chambers’ London headquarters, but the set has long-term aims to recruit locally. Chambers director Michael Meeson said more […]

Muckle hangs on to qualifiers despite trainee deferrals

Newcastle firm Muckle has announced it will retain 100 per cent of trainees due to qualify this year, despite the growing number of redundancies in the legal sector. Newcastle firm Muckle has announced it will retain 100 per cent of trainees due to qualify this year, despite the growing number of redundancies in the legal […]

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Claimant lawyers speak out over NHSLA criticism

Lawyers have rounded on NHS Litigation Authority (NHSLA) allegations that the claimant profession is bleeding the NHS dry by racking up massive legal bills. Lawyers have rounded on NHS Litigation Authority (NHSLA) allegations that the claimant profession is bleeding the NHS dry by racking up massive legal bills. In its submission to Lord Justice Jackson’s […]

Matrix loses silk to Doughty Street

Matrix Chambers silk Heather Rogers QC is leaving the set to join Doughty Street Chambers. Rogers, who took silk in 2006, specialises in media and privacy issues, acting both in a claimant and defendant capacity for newspapers. In 2003 she acted for BBC journalist Andrew Gilligan after he reported that Labour had ‘sexed up’ a […]

Buncefield proves trial fees can be cut

Davies Arnold Cooper’s client, Total, actually got off lightly when costs were awarded in the Buncefield litigation. A series of claimants applied for indemnity costs on grounds that Total failed to cooperate and misrepresented its case. In the end Mr Justice David Steel ordered the oil company to pay out £16m indemnity to claimants on […]

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