LSE loses second head of legal in four months

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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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The Firm

It’s the plotline that’s got the whole country gripped. The 54-year-old businessman Thomas Henderson was getting into his car outside the offices of City law firm The Firm, when the assailant pulled up alongside and fired three shots into his chest. A hospital spokesman said that Mr Henderson’s condition was critical and that “somehow the […]

A&O takes BP director to head IT

Allen & Overy (A&O) is taking on the global IT services director from BP for a newly created post of director of IT and chief information officer. Dave Burwell’s appointment is the result of the firm’s reorganisation of its four non-legal heads of department. The firm currently has directorships for finance, human resources, marketing and […]

Opinion

It had to happen, but it still came as a terrible shock. Never before has the Court of Appeal substituted its own view for that of a libel jury. However, on 18 January the Court of Appeal decided that the £85,000 damages awarded to former footballer Bruce Grobbelaar against The Sun should be set aside […]

Confusion as LPC ratings are published before completion

The Law Society has caused confusion by publishing new ratings of the LPC providers half way through the assessment period. Although some schools have been told their new ratings, others have not yet been assessed. Adding to the confusion, a new five-point grading system replaces the previous four-point assessment gradings. But the LPC institutions will […]

Corporate

So it’s goodbye Patrick Drayton, current director general at the Takeover Panel, and hello Philip Remnant, senior banker at Credit Suisse First Boston, who will begin a two-year secondment in April. But oh, Mr Remnant, do you really know what you’ve let yourself in for? Heading the Takeover Panel has hardly been a bed of […]

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