High Holborn provides a new home for Lovells

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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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Pop producer sues over noise

Pop record producer Michael Stock – of Stock Aitken and Waterman – has launched a massive damages claim over his recording studio in London SE1. Stock claims he has been unable to use the studio since November 1996 because it is too noisy. He is taking Andrew Munro, trading as Munro Associates, of London SE1, […]

Are snowballing mergers necessary?

For the third week running, The Lawyer’s front page reveals major City merger talks. Even Clifford Chance and Ashursts have been talking. Are all these mergers really necessary? Until only a decade or so ago, you could look around the City and find most of the same firms advising the same clients they had had […]

In brief: Govt welcomes EU family convention

The Government welcomed last week’s signing of the Convention on Jurisdiction and Recognition and Enforcement in certain Family Matters by members of the European Union (EU). The convention will ensure that orders in member states in divorce cases will generally be recognised throughout the EU with the minimum of procedural requirements.

“Super ombudsman' may weaken complaints system

The plan to create a new financial services “super-ombudsman” could lead to the sort of formal court procedures and lawyer involvement in complaints that the ombudsmen were set up to avoid, investment ombudsman Peter Dean has warned. The Financial Services Authority set up a steering group in April to bring all financial services ombudsmen into […]

In brief: CPS solicitors gain rights of audience

The first batch of Crown Prosecution Service solicitors to apply for rights of audience in the Crown Courts have all passed their final exams nine months after employed solicitors were granted limited higher court rights of audience. But although the 34 successful applicants are now free to appear in crown courts, none of them have […]

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