Mother's adoption rights clarified

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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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Chadbourne & Parke sued by ex-partner

Stuart A Rosenthal claims he was wrongfully ousted by the firm in violation of the partnership agreement. Chadbourne & Parke however, claims he resigned voluntarily. Manhattan Supreme Court Justice Herman Cahn dismissed an action for legal malpractice brought by Rosenthal against the firm, but allowed trial to go ahead over the wrongful dismissal allegations. Rosenthal […]

Freshfields lures Belgian tax expert

Freshfields has taken Loeff Claeys Verbeke’s head of tax in an attempt to boost its Belgian practice. Axel Haelterman joins as a partner after more than 12 years at the leading Belgian practice. He is regarded as one of the country’s leading tax practitioners and is a professor of tax law at the University of […]

Wragges wins place on online property register shortlist

Birmingham firm Wragge & Co has been shortlisted to join a team of businesses that will create an online property register. The National Land Information Service (NLIS) is being set up by the Lord Chancellor’s Department (LCD) to make conveyancing information more accessible. Wragges is understood to be the only law firm on the shortlist. […]

New Court Chambers tenants move on

The first of the remaining tenants at George Carman QC’s dissolving New Court Chambers have found new homes. As The Lawyer exclusively revealed on its website, www.thelawyer.co.uk (24 January), Carman’s set will cease to exist on 20 April. After a spate of senior tenants quit the set last year the chambers took the decision to […]

Clifford Chance raids Dutch firm

Tom de Waard and Hector de Beaufort – both mergers and acquisitions specialists – were voted in as partners of Clifford Chance on Monday. Clifford Chance opened in Amsterdam in 1998 and now has a 16-partner office there, with 104 lawyers. The departure of De Waard and De Beaufort comes just a year after Stibbe […]

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