Law Soc election promises

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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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Bovis is the first to build on CEDR's adjudication scheme

Construction company Bovis has become the first major company to sign up to the Centre for Dispute Resolution’s adjudication scheme. Bovis’s move was prompted by the latest Construction Act, which compels companies to refer disputes to adjudicators. Its in-house legal team, led by Mark Hedderley, reviewed all the adjudication schemes available, including those of the […]

Property

Shelagh Harrison of Clifford Chance advised property company London & Manchester on its £79.5m sale of The Helicon, One South Place, London EC2, to Coal Pension Properties, advised by David Rhodes and Susan Fisher of Berwin Leighton.

Listed building VAT decision

Mr Justice Moses has ordered that a VAT tribunal decision that VAT was not due on the bill for repairs to a Grade II listed building following severe fire damage should now be reconsidered by a freshly constituted tribunal. His order follows an appeal by Customs and Excise against the decision of Malcolm Palmer, chairman […]

It has been a bad week for…

David Keating, who must be feeling pretty rejected after being trounced in the Law Society elections, having already unsuccessfully stood for office twice before. Nevertheless, he has already announced his plan to stand again in next year’s elections. The charity, Cancer Research, whose collection box in a High Court robing room was swiped by an […]

New report is a drag for tobacco business

Roger Pearson reports on tobacco giants’ fight to suppress a government report which could curb the advertising of tobacco. British American Tobacco, Gallagher, Imperial and Rothman’s have won the right to seek judicial review of a government report calling for wider curbs on tobacco advertising and smoking in public. The tobacco companies claim the Scientific […]

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