Mortgage solicitors face liability ruling

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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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Bar Council prepares to fight for compulsory subscriptions

The Bar Council is requesting an amendment to the Access to Justice Bill, making subscriptions to the body compulsory. Raising membership from 90 to 100 per cent will have obvious economic advantages and will strengthen the institution generally, says the Bar. However, it faces stiff opposition, particularly from the employed and non-practising Bar, of whom […]

In brief: Reynolds Porter Chamberlain

Reynolds Porter Chamberlain says a recent ruling by the Court of Appeal will stop parties unconnected with a court case from undertaking fishing expeditions through previously publicly unavailable documents. In response to an application by insurance firm FAI, who wanted to inspect a wide range of documents even though they were not part of the […]

Bakers to rival Clifford Chance in Dusseldorf

Baker & McKenzie is to open a new office in Germany to accommodate a rapidly expanding market. The office will open in Dusseldorf on 1 April and will be the firm’s fourth office in Germany’s regionalised market and its 60th worldwide. Baker & McKenzie’s objective is to fight its way back up the ratings. In […]

Criminal gets euro fine first

THE lawyer representing a French criminal who received the world’s first ever fine in euro, had to check the exchange rate in a newspaper to find out that 4,500 euro is equivalent to 29,518 francs. The Sun

Press fails in court reports

Because of shifting news values and cutbacks to editorial budgets, the press is failing to cover key civil and criminal court cases. Cases reflecting societal inequalities, corruption and injustice are going unreported. While every national newspaper last month carried the prosecution of It girl Tara Palmer-Tomkinson for speeding, cases revealing police corruption, pension fraud and […]

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