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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 […]

Recommended

Absolute power

John Cooper feels that the judge’s power to recommend a sentence should be prescribed by legislation When a defendant is convicted of murder, he faces a mandatory life sentence. The trial judge can then recommend to the Home Secretary, through a pronouncement in open court, the minimum term of years that he, the trial judge […]

There's more than one way to track down the ideal employee

Splitting from a law firm at a senior level is “a bit like getting divorced,” according to one partner who recently joined a rival practice. “It is a risk but if you suss out that the people in the new firm share the same goals and ideas, it can work out very well.” For those […]

The fall of los intocables

Michael Gillard looks at the machinations of a Spanish judge’s crusade against corruption in the highest government ranks Phoney companies set up to secretly channel kickbacks into party coffers; a fugitive police chief charged with embezzling public funds to amass a £2 million real estate portfolio and rogue elements in the intelligence service who bug […]

Litigation Disciplinary Tribunals 01/08/95

– JOHN BARRY SIMON MCKAY, 48, admitted 1975, practising at material time as Simon McKay, Ongar, Essex, fined £1,500. No order made as to costs. Allegations substantiated he wrongly drew and utilised client money and fail

Flotations

Herbert Smith acted for Kleinwort Benson Securities in its role as underwriter/sponsor of the flotation of Stoves at an initial market capitalisation of £47 million.

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