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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

Victims of Barings collapse ready themselves for battle

SJ BERWIN is preparing to launch a legal action on behalf of investors in collapsed merchant bank Barings which could in part be defended by Barings administrators. Slaughter and May, the administrators’ main lawyers, may be asked to defend the action. However, Ashurst Morris Crisp, brought in by Slaughters because of potential conflicts arising from […]

Property

Manches & Co acted for JPI Investments in its exchange of contracts for a major lease reorganisation at Apex Tower, New Malden. BAeSEMA, a subsidiary of British Aerospace and SEMA Group, agreed to take an overriding lease on the 15-floor block.

Brief

BIRMINGHAM firm Martineau Johnson has launched an Automotive Group in celebration of the centenary of the UK car industry. The group, which brings together lawyers from different disciplines with expertise in the motor sector, will provide a specialist service for the industry. Members will deal with issues including trade marks, design rights, dealer franchising and […]

Pick of the bench

Robert Walker QC’s elevation to the bench was a loss, but an inevitable one, as he was well-respected and admired as a silk. Chancery practice, although drier, is one of the more cerebral, academic and fascinating areas of the law. It tends to attract a particular talent and demands a different approach. The barristers in […]

On the debt trail

An improved version of the legal profession’s most widely used debt recovery and arrears management system has been launched by AIM Law Data. Debtco Progression is a workflow-based product intended to be used for pre-litigation procedures. It can take control of the arrears management pro-cess from the moment a debt shows up on the ledger.

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