In brief: Continuity of contracts paper is published

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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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Litigation Writs 3/2/98

Abbey National is suing solicitors George Plenderleath, Paul Davies, John Hobson, Paul Carr, Trever Shillabeer, Steven Griffiths, Oliver Borthwick, Michael Kelly, John James, Ian Brand, David Fryer, Dermot Carey, William Knoc, David Wilson, Thomas Thomson, Michael Bottomley and Duncan Wilcox for damages for alleged negligence and breach of contract when acting in connection with a […]

Baker & McKenzie is first in Malaysia

Baker & McKenzie is set to become the first major international firm to establish a foothold in Malaysia. The firm has negotiated a ‘correspondent’ relationship with Wong & Partners, a firm being set up in Kuala Lumpur. The Malaysian firm will be headed by KK Wong, a locally qualified lawyer previously with Baker & McKenzie’s […]

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The perfect title

The US practice of title insurance has long been a threat to conveyancing practices in the UK, but it could also offer new opportunites, writes Mervyn Rundle. Mervyn Rundle is a founding partner of Rundle Walker. Last year he went to the US to investigate title insurance. Title insurance has long been an unwanted visitor […]

Glaisyers loses team to Pannones

In a second blow to Manchester firm Glaisyers its five-strong construction team in Manchester, headed by partner Tom Ellis, has been poached by Pannone & Partners. The move follows the defection to Pannones of Glaisyers’ head of company and commercial, Mark Hodge, which was reported in The Lawyer last week. Ellis said that he and […]

A taxing profession

My partners and I are very concerned about the implications of the proposed changes in the taxation of professional businesses. I appreciate that the Law Society is campaigning against the move but if it is not changed I fear that it will put lots of small firms out of business. Cash flow is difficult enough […]

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