Herbies makes moves to boost Dubai

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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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Backlash against injury lawyers’ fees will grow

The Lawyer’s coverage relating to the miners’ compensation scheme (9 April) made depressingly familiar reading to defendant lawyers. The Woolf Reforms were introduced to increase speed and reduce cost. Since 1999 the cost of claims had risen inexorably and 40 per cent of insurers’ outlay now goes to solicitors. It is little wonder that we […]

Irish Court of Appeal drive gains momentum

The Irish government has taken the first steps towards creating an appeal court to take on cases from the overworked Supreme Court. The government has proposed that the new court should be added, with the court system working on a similar basis to England’s. Most appeals from the High Court would be heard by the […]

Harper Macleod announces bumper year

•Scottish firm Harper Macleod has posted a turnover increase of more than 17 per cent, taking total revenue from £10.5m in 2005-06 to £12.2m last year. The average profit at the 39-partner firm has yet to be finalised, but is projected to be in the region of £250,000 off a net profit margin of around […]

Sidley opens in Sydney

US firm Sidley Austin has poached a managing partner from a local Sydney firm to head its new office in the Australian business centre. Bob Meyers, who is currently the managing partner at Pillsbury Winthrop Shaw Pittman, will head Sidley’s sixth office in the Asia-Pacific region. The firm currently has presences in Tokyo, Shanghai, Hong […]

Linklaters lands duo from German authorities

Linklaters has expanded its media regulation practice with the hire of in-house counsel Karen Sokoll from the German Commission on Concentration in the Media (KEK). Sokoll, who has spent eight years specialising in media regulation, will join the magic circle firm’s Berlin office. Christian Hey, head of the German office’s technology, media & telecommunications group, […]

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