Lovells wins pro bono rape case

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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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18

Daily Mail chief slams judge

Mr Justice Eady has come under attack from the Daily Mail editor-in-chief Paul Dacre for bringing privacy laws in by the back door. Dacre, speaking at the Society of Editors’ annual conference in Bristol, criticised Eady J’s ruling that the News of the World (NotW) had breached Formula 1 chief Max Mosley’s privacy after secretly […]

13

Simmons copies Linklaters by slashing client count

Linklaters by slashing client count” />Simmons & Simmons is planning a Linklaters-style strategy of cutting the ­number of its key global clients in the wake of the financial crisis. Simmons has rethought its plans following the loss of key clients such as Lehman Brothers and ABN Amro. Under the current three-year plan, which comes to […]

Jackson LJ drafted in to investigate litigation costs 10 years after Woolf

The cost of bringing ­litigation is under greater scrutiny than ever after the Master of the Rolls Sir Anthony Clarke appointed Lord Justice Rupert Jackson to conduct a year-long review. The cost of bringing ­litigation in England and Wales is under greater scrutiny than ever before after the Master of the Rolls Sir Anthony Clarke […]

Eversheds axes 31 lawyers

Eversheds axes 31 lawyers” />Eversheds is in the final stages of its first redundancy consultation and is expected to axe a total of 31 lawyers. The consultation, which took place with 33 lawyers across the real estate group, also hit the litigation practice, with at least three associates specialising in property disputes being made redundant. […]

A private matter

The Cayman Islands is acting to tackle money laundering and tax evasion, while also respecting clients’ right to confidentiality. By Ziva Robertson Much has been written in recent times about ‘banking secrecy’ in ­offshore jurisdictions and its connection with money laundering and tax evasion. It is, perhaps, to be expected that at times of financial […]

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