McKennas enjoys rise in biotechnology work

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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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Legal action group appoints policy officer

THE LEGAL Action group has appointed a former citizens advice bureau officer to its ranks. Vicki Chapman joins the legal pressure and educational group this month as its new policy officer, taking over from Anne Grosskurth who left for the Legal Aid Board last September. Chapman qualified as a solicitor in 1985, having taken her […]

Judge faces conspiracy allegations

Circuit judge Richard Gee has been charged with conspiracy to defraud various mortgage lenders and building societies between 1980 and 1989. Gee, 53, who was appointed in 1991 and assigned to the South Eastern circuit, was admitted as a solicitor in 1968 and worked as a senior partner with south London firm JB Wheatley & […]

Sounding out global opinion

REGARDING last week’s story “Euro Bars stand firm on MDPs”, during its spring council meeting, the International Bar Association voted to establish an ad hoc committee on multi-discipline practices. The remit of the committee was to devise from scratch a global IBA strategy regarding such practices. It is intended that the committee will report regularly […]

The Lawyer Inquiry: Tony Girling

Tony Girling, 52, manages the Kent practice Girlings and is deputy vice-president of the Law Society. This month he is locked in a battle with Martin Mears for the society’s presidency. What was your first job? Farm labourer. What was your first ever salary as a lawyer? I forget, but my income was £2,400 in […]

Barbara Hewson sees a battle ahead after Factortame III.

Barbara Hewson is a barrister at 12 Gray’s Inn Square. On 5 March, the European Court of Justice (ECJ) ruled in two article 177 references, Brasserie du Pecheur SA v Federal Republic of Germany (case C-46/93) and R v Secretary of State for Transport (case C-48/93, known as Factortame III). In both cases damages were […]

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