Law Soc approves costs code

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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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Wilde Sapte sets up German unit

Wilde Sapte has formed a team of lawyers into a dedicated German unit. The focus of the unit will be to serve German organisations seeking to do business in the UK and UK organisations looking for opportunities in German markets. The core team, to be based in London, will consist of company commercial partner George […]

bomb-hit law firms get back to normal

Addleshaw Booth & Co has finally completed the repairs to its Manchester office, which was severely damaged in last June’s IRA bomb. The office’s return to normal coincides with the Govern-ment’s announcement that it will award a grant to Manchester City Council to assist with the costs of clearing up the city’s bomb damage. Addleshaw’s […]

In brief: Garretts grabs Rowe & Maw pensions man

Arthur Andersen-tied law firm Garrett & Co has hired Rowe & Maw pensions solicitor Duncan Buchanan to set up a pensions practice within its Employment & Benefits Group in London. Buchanan, who qualified in 1990 and will be a “senior manager” rather than a partner, said that the Pensions Act, which is due to come […]

The countdown to meltdown

Computers are not intelligent things. They do what they are told, however ludicrous the result. Computers that handle dates using two digits will be unable to correctly deal with the change from 99 (1999) to 00 (2000). The computer will consider that 00 represents 1900 and will act accordingly, producing unreliable results. Defining the problem […]

A la recherche des agents

As in other jurisdictions, private detectives in France are generally in charge of collecting, with maximum discretion, information for their clients to use as evidence during criminal or civil litigation work. However, compared to his or her US counterpart, the means of investigation available to a French private research agent, un agent prive de recherches, […]

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