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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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Swedish firm drops Cameron McKenna to join Ernst & Young

The merger between CMS Tisell and Ernst & Young Sweden AB will result in a 160-lawyer practice – one of the biggest legal practices in Sweden. Thirteen partners and around 20 staff will join E&Y from 1 January 2000. Its principal offices will be in Stockholm, Gothenburg, Malmoe, Vaxjo, Karlstad and Uppsala. In line with […]

Thompsons opts for corporate structure

Personal injury firm Thompsons has defied years of legal tradition by becoming the first major law firm to structure itself as a plc. After the changes partners will no longer have the power to vote on major decisions. Thompsons has appointed a three-member executive board and is currently electing a supervisory board which will ensure […]

BT shake-up forces redundancies

British Telecom’s (BT) in-house team is facing possible redundancies as part of the business-wide restructuring announced earlier this month. The 250-strong central legal group will be split into a series of different departments, based on lines of business as opposed to legal specialities. The majority of the staff will have to reapply for their jobs […]

The Lawyer Awards

The Lawyer/UNICEF Child Rights Lawyer Award has been won by Thea Henley, director of the National Youth Advocacy Service. The service provides independent and confidential services in the form of information and advice and handles more than 1,500 cases a year.,

DLA scoops NTL patent case

DLA has been appointed to act on a forthcoming patent litigation case by telecoms giant NTL. The case is at a sensitive stage so NTL was unable to disclose details. It is the first time that NTL has instructed the firm to work on a major piece of patent litigation, although DLA has done a […]

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