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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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Property

Ian Lyall of McGrigor Donald acted for Devonport Royal Dockyard Pension Trustees in Plymouth on a £3.1m investment purchase of property in Stirling from National Provident, advised by Biggart Baillie.

Partners at war

Peter Carter-Ruck and Partners are prime candidates. And the 20 or so partners who marched out of Dibb Lupton Alsop earlier this month could probably testify to the need for it. It might go against the grain, but seeking the help of external counsellors – who assess personalities, work out individuals’ values and goals and […]

Hugh James to merge with Ford Simey

WELSH giant Hugh James is to merge with the Exeter-based firm Ford Simey Daw Roberts in response to changes in the insurance sector. Ford Simey head of insurance Paul Derbyshire says: “The move is insurance-driven. We had been working alongside each other on the Commercial Union panel, and have the same litigation philosophy.” The new […]

Berrymans' Taylor takes new role

BERRYMANS Lace Mawer has changed its partnership constitution to formalise Paul Taylor’s position as national senior partner. A new post has been created for Taylor, giving him a co-ordinating role to help consolidate the firm’s recently merged northern and southern offices. Taylor says he has resigned from the management board to take up the post. […]

When partnership pitfalls are greater than the perks

Carry out a straw poll on what thrusting young things fresh out of law school dream of, and for most of them the job title “partner” would come marginally ahead of the top-of-the-range convertible. To come to the end of your career still as an assistant would, to many, be tantamount to failure, but attaining […]

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