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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

Hammonds' employment head quits for Norton Rose

Hammond Suddards has been hit by the departure of its national head of employment and another leading employment partner. Tim Russell – overall head of employment at the firm – is joining City firm Norton Rose in March as head of employment, while Chris Southam is going to Osborne Clarke. Russell joined Hammonds from Lloyds […]

Tripartite mergers are not the easy option

The top five City firms may not be losing any sleep over the proposed merger between Denton Hall, Theodore Goddard and Richards Butler. After all, it may never happen and even if it does, it will take some considerable time to settle and see the fruits of its labours. However, there is no doubt that […]

Patrick Redmond The lawyer with the write stuff

This solicitor has landed a £100,000 deal for his first novel. But why aren’t more British lawyers like Patrick Redmond making waves in the literary world? asks Chris Fogarty. While senior Denton Hall partners were plotting mergers in the boardroom last week, solicitors in the bowels of the building were toasting the UK’s latest literary […]

Clayton Utz boasts it is best in Australia

Clayton Utz has seized on a newly published Australian legal directory to claim it is the best national firm in Australia. The firm, which is the fourth largest on the continent with 173 partners, wins the highest number of top ratings in the influential Legal Profiles for the 30 practice areas Clayton Utz has identified […]

Plans to reward lawyers for rural work

The government could pay lawyers bonuses to work in remote areas under the new contract scheme, said Geoff Hoon, Minister of State at the LCD. Hoon told The Lawyer that the system of only using lawyers contracted to the new Legal Services Commission, introduced in the Access to Justice Bill, would give the Government the […]

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