Insolvency reform under threat as Mandy departs

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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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In brief: The International Bar Association

The International Bar Association’s Human Rights Institute has achieved further success by successfully negotiating the release of Iranian legal scholar Hojatoleslam Sayyid Mohssen Saeidzadeh. He had been detained without charge and denied access to counsel since June 1998. He was imprisoned because of an article he had written arguing for a progressive view of Islam […]

Maverick Judge dies aged 83

Judge Michael Argyle QC, has died at the age of 83. He was a controversial character, famous for defending the great train robber Ronnie Biggs and later for presiding over the Oz obscenity trial. Educated at Westminster, Judge Argyle was called to the Bar in 1938 but was delayed in his legal career by the […]

Hammond Suddards poaches indemnity teams from Dibbs

Hammond Suddards has scooped the professional indemnity teams from Dibb Lupton Alsop’s Leeds and Manchester offices. David Simon, the partner who heads up the team, decided to leave the firm he has worked for for 27 years because he wanted to put together what he describes as two “complementary teams”. Simon’s nine-strong team – many […]

In-house on the warpath

This year promises to be a testing time for law firms as more companies than ever plan a strategy to minimise fees and squeeze greater value for money from their external lawyers. That is the finding of two exclusive surveys of in-house lawyers undertaken by The Lawyer last year. A mid-year survey conducted among 250 […]

Time to play the field in euroland

Chris Bates, Clifford Chance Haydn Puleston Jones, Linklaters Bill Richards, Lawrence Graham Much has been said about the potential strengths and pitfalls of the euro, now the world’s second-biggest currency. But the creation of euroland, an 11-nation bloc with a population of 290 million and an economic output equivalent to that of the US, is […]

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