LCD faces further charges on sex equality

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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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Premier Oil head of legal quits

Energy group Premier Oil is losing its head of legal and senior lawyer as the company struggles to cope with a loss of millions of pounds. Claudia Keenan, head of legal and company secretary, and Nick Shepherd, senior lawyer both accepted voluntary redundancy after the company announced its intention to reduce overheads and cut costs. […]

Trademark case goes to Lords

The Law Lords are to consider the question of trademark infringement in the case of Scandecor Development AB v Scandecor Marketing AB & ors. They have just granted leave for Scandecor Development to appeal against an Appeal Court decision in July last year, in which an earlier ruling giving it partial victory in its claim […]

Holding on to DAC

Sitting in the Manchester office of Davies Arnold Cooper is an unnamed assistant, the sole reminder of February’s bloodletting. The rest of the 90 staff who were made redundant (the corporate department in Manchester was axed and five partners and nine assistants went from the London office) have dispersed, leaving not just an office but […]

It's been a bad week for…

Watford’s Sheila Metson, a legal secretary at her husband Harold’s solicitors firm, whose 20-year affair with plasterer Brian Ward was exposed when British Telecom wrote to Ward asking if he’d like to include her number in its cheap-rate “Friends and Family” deal. Ward’s calls were so frequent that British Telecom put Metson’s number at the […]

Wilde Sapte wins battle to keep partner exit rule

Wilde Sapte is celebrating winning an arbitration case that will prevent more than two partners a year from quitting the firm. Tom McDonald, a partner in the Paris office, had taken the firm to arbitration before a judge in France over the firm’s constitution, which prevents more than two senior equity partners leaving in a […]

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