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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 […]

Recommended

Professor David Lowry

David Lowry’s lawyer Gudrun Parasie has asked us to point out that his case against the legality of the Portuguese criminal code will be heard in the European Court of Human Rights not the European Court of Justice as we reported last week.

Dispute over right of way

Lady Violet Aitken, Timothy Aitken and the trustees of the Beaverbrook Foundation have launched a right of way action in the High Court against Rosebay Investment (Private), of London WC2. The foundation plans to use Cherkley Court, Leatherhead, for educational and public purposes, but claims the right of way to the premises has been blocked […]

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Northern souls lead the field

Once again it is the North West leading the regions – this time in the family Bar. But few sets display the depth required The regional family Bar comes with a raft of recommended individuals but the problem, as often seems to be the case, is that there are few sets with real strength and […]

In brief: Ex-MI5 man is given leave to seek review

David Shayler, the ex-MI5 officer jailed in Paris awaiting extradition to the UK, has been granted leave to seek judicial review in the High Court of the decision of Bow Street Magistrates Court to refuse him legal aid. His lawyer, Liberty director John Wadham, said the magistrates “should do the decent thing”.

LCD blueprint heralds virtual future for law

Virtual court hearings and legal information kiosks in shopping malls are among the advances envisaged by the Lord Chancellor’s Department (LCD) in a consultation paper launched last week. The paper, which will form the basis of a 15-year strategy for IT and the courts, goes beyond Lord Woolf’s Access to Justice proposals and embody many […]

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