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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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Ancient court house saved

LAWYERS in Lancaster are celebrating a three-year stay of execution for an historic crown court threatened with closure. A six-month campaign to keep the court open succeeded when the Lord Chancellor’s Department agreed to review plans to transfer work from ancient Lancaster Castle to a new court complex at Preston. Closure would have ended Lancaster’s […]

Caesarean delivery claim

A Canterbury woman who claims she was not properly anaesthetised when her baby was delivered by caesarean is taking East Kent Health Authority to the High Court. Gillian Miles claims she was admitted to William Harvey Hospital in Willesborough, Ashford, Kent, for a caesarean section and was given an epidural injection. However, she claims she […]

Magnets of the Midlands

Birmingham may have lost its battle to host the Millennium Exhibition but England’s second city had much to celebrate in 1995. It was a record year for acquisitions in the Midlands, its upbeat economy reflecting the UK as a whole, according to research by KPMG Corporate Finance. During the period 1994 to 1995, West Midlands-based […]

President pulls plug on group

THE PRESIDENTIAL working party dedicated to stemming the flow of trainee solicitors has been disbanded due to “internal divisions”. Martin Mears, the president of the Law Society, has written to group members saying it could do no further useful work. “It is clear from the communications I have received from some members of the working […]

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