Lowry release doubtful

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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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So, you want to be a millionaire

Money makes the world go round, or so the saying goes. In the week that a mystery US firm offered a staggering £1m-plus remuneration package to lure partners to its London office, an exclusive survey by The Lawyer and recruitment specialists QD Legal revealed that just over a third of private practice lawyers in the […]

Digest

ONE of England’s most senior judges, Vice-Chancellor Sir Richard Scott, has played to the gallery by calling for the abolition of wigs. Sir Scott says judges who wear wigs look out of touch, “antiquated and foolish” and are like “diehards who still wear top hats in the hunting field” out of a “hankering for the […]

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British Telecom

British Telecom has one of the FTSE100’s largest and most dynamic in-house legal functions. The team comprises around 100 lawyers with diverse specialisms tailored towards serving a fiercely competitive international market. The team’s legal function has some unusual elements, not normally found in-house, but which are necessary for handling the diverse range of interests and […]

In brief: Clifford Chance

Clifford Chance has advised the Post Office on the acquisition of delivery service German Parcel Paket-Logistik GmbH, based in Neuenstein, Germany. The deal required the simultaneous cross-border acquisition of nearly 30 franchisee companies, which operated local depots, from 25 groups of sellers. A team of over 20 from Clifford Chance’s German office was assisted by […]

A battalion of sorrows

Spare a thought for the Director of Public Prosecutions. The image of his service is in tatters and morale is at an all-time low. Now, faced with the Herculean task of implementing reform, half his chief crown prosecutors have quit. Surely things can only get better. Robert Mendick reports. David Calvert-Smith admits to suffering sleepless […]

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