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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

Pharaoh ups stumps for rival

Paul Pharaoh is leaving Birmingham firm Shakespeares to join a rival firm in the city, Martineau Johnson. Pharaoh joins as a partner in the education department on 10 June. He has been a partner at Shakespeares and its predecessor firms for 20 years. He will continue his work as a member of the Law Society […]

US Lawyers discuss tackling US sanctions against Cuba and anti-European legislation

US lawyers are to meet next week to discuss ways of tackling proposed new US laws restricting companies from establishing offices in Cuba and to counter legislation emerging from Europe. Joseph Griffin, a Washington-based partner with US firm Morgan Lewis & Bockius, will chair a conference of senior lawyers and US and UK government officials […]

In brief: Unqualified assessors move in on victims

Personal injury victims are being doorstepped by unqualified claims assessors in a wheeze designed to drum up extra business for solicitors, warned Michael Napier, outgoing president of the Association of Personal Injury Lawyers. The doorstepping approach is the latest attempt by intermediaries and marketing groups to share in potential awards to accident victims. Napier told […]

Napier bows out as threat to Mears rises

A NATIONAL campaign to oust Martin Mears from Chancery Lane received an immediate setback over the weekend when Michael Napier, the personal injury lawyers’ leader, announced he would not be challenging the president. The campaign for the Law Society presidency began in earnest last Friday with the launch of a national solicitors’ group determined to […]

Litigation Personal Injury 13/05/96

Kownacki v Metropolitan Police – QBD, 29 April 1996 Claimant: Andrew Kownacki, 31 Incident: False imprisonment Injuries: Malicious arrest; plaintiff arrested during drug raid on public house in Hammersmith, London, where he worked as barman Jury award: £108,750 – £45,000 award for punitive damages Judge: Mr Justice French Plaintiff’s solicitors: Cart-wrights, Bristol Mansfield v Bacon […]

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