In brief: The Solicitors Indemnity Fund

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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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Beachcrofts offers performance-fees

Beachcroft Wansbroughs is launching what it claims to be a ground-breaking offer to clients to tie fees to performance in fast-track dispute resolution. The firm, which launches this week following the merger of Beachcroft Stanleys and Wansbroughs Willey Hargrave, says it will be the first firm to link fees to speed of settlement of insurance […]

Apil launches personal injury law college

A new college of personal injury law is to be set up with the aim of improving the quality of public service and on-going training among personal injury lawyers. The college, to be launched on 5 May, is the latest move by a sector group to introduce quality controls in preparation for the Access to […]

Addleshaws scores RDA double with NW win

Addleshaw Booth & Co has won a place on a second regional development agency panel. The firm will be offering legal advice to the new North West RDA, which covers the area from Cheshire to Cumbria. Earlier this year Addleshaws was appointed to the RDA for Yorkshire and Humberside. Eversheds has also been appointed to […]

Commercial bar in crisis as work dries up

The commercial bar is facing a crisis as many silks find themselves virtually redundant. One chambers director says that he has spoken to half a dozen leaders in recent weeks who all have little or nothing to do. He cites the example of one well-known silk who last year earned £600,000 but was recently forced […]

MCC blames delays on efficient police

Over-efficient policing is causing massive delays in Birmingham’s magistrates’ courts, says the local Magistrate’s Court Committee (MCC) in response to a damning government report. HM Magistrates’ Courts Service Inspectorate review of the city’s magistrates’ courts calls for action to combat the “unacceptable delays” in the progress of cases – particularly at Victoria Law Courts, Europe’s […]

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