Lord Irvine gives ground on merits test as legal aid plans take battering

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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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In brief: Warwickshire practices head for merger

South Warwickshire firms GF Lodder & Sons and FB Hancock & Co are to merge from 1 January. Established in 1850, Lodders has five partners, and specialises in private client and commercial work. Hancocks, with three partners, has a similar client profile. The newly merged firm will have 33 fee earners, use the Lodders banner […]

Schofield moved to open prison following hostility at Holloway

Crown prosecutor Penelope Schofield, jailed this month for lying to protect her policeman boyfriend, has been transferred to an open prison after inmates shouted and spat at her on her arrival at Holloway. It is understood her reception was so unpleasant that she had to be moved to the maternity unit at the prison hospital […]

Names claim victory on premiums

The cases of about 450 non-paying Lloyd’s names were adjourned last week with both sides claiming victory in the five-year battle over whether the Names had to pay their premiums. Dibb Lupton Alsop partner Susan Dingwall, acting for the Society of Lloyd’s, said Mr Justice Tuckey had last week ordered nearly all the Names to […]

Flotations

Pinsent Curtis advised Sunderland-based retailer ScS Upholstery on its £33m flotation on the London Stock Exchange. The sponsor, Singer & Friedlander, was advised by Addleshaw Booth & Co.

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Prague appointment bolsters Lovells' east Europe presence

LOVELL White Durrant in Prague has landed a leading investment banking specialist as part of a bid to expand its capital markets presence throughout central and eastern Europe. Simon Hawken, a qualified barrister who has spent most of his career in investment banking, joins Lovells from the Prague office of ING Baring Capital Markets. Hawken […]

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