Litigation Recent Decisions 06/12/94

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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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Back to school for judges says JSB

JUDGES may have to attend college before sitting on the bench if one of the proposals considered by the Judicial Studies Board’s internal review is taken up. Chair of the board Lord Justice Henry will head the steering group, which is conducting a review of the board’s structure, resources and activities. The current system of […]

Irish lawyers' ceasefire hopes

NORTHERN Irish lawyers will face a major shift in their working lives if there is lasting peace in the province. Until now, terrorism has generated legal work and led to attempted coercion of, and death threats to, both lawyers and judges. Richard Ferguson QC, chair of the English Bar’s Criminal Bar Association, says: “With the […]

Dibbs and JGR swap angry letters

DIBB Lupton Broomhead may have overstepped the mark in its no-nonsense approach to the law when it sent a fax to another firm. The exchange between the firms has arisen over the case of Dibb Lupton’s client John Broome, who is facing insolvency hearings. Jeffrey Green Russell acts for the creditors (see City page). It […]

Alleged Dolphin defects

The House of Lords is to decide whether Darlington Borough Council can sue Wiltshire Northern over alleged defects, amounting to u2 million, in the Dolphin Centre development at Darlington. The Law Lords Appeal Committee has allowed the council to lodge objections to moves by Wiltshires to challenge an Appeal Court ruling on 28 June paving […]

LOCAL VIEW

Away from London, there has been a build-up of large, modern multi-site practices. Usually competing with City players in terms of skills, they have a clear cost and convenience advantage. During the early 1980s, attracted by lower rents and good communications, many large companies moved to Reading, followed by the major accountants. These exploited the […]

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