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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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Four New Square pays out to race victim

A London chambers has paid over £40,000 to a receptionist who was the victim of racial harassment. Senior clerk Lizzie Wiseman of Lincoln’s Inn chambers Four New Square confirmed that receptionist Diana Higgins was paid compensation for a racial harassment incident that took place on Friday 26 May. The unnamed perpetrator of the abuse remains […]

New media guru predicts trouble for non-believers

Richard Susskind is the nearest the profession has to a new media guru. Claire Smith meets the man who says no lawyer should believe that they are immune to developments around them Richard Susskind is at the heart of some of the most crucial discussions going on at the likes of Allen & Overy Clifford […]

One Essex Court suffers defection number five

Premier commercial set One Essex Court has lost another senior practitioner – its fifth departure in as many months. Michael Rollason, a senior junior specialising in commercial insolvency and company litigation, has quit to join rival “magic circle” set Brick Court Chambers. Rollason is rated as one of the top commercial senior juniors currently at […]

Scuffle of the week

The Franklin Mint v the Diana Princess of Wales Memorial Fund. US fans of Diana can continue to collect the People’s Princess Doll, her ensembles and even a wardrobe/carry case. The maker of the doll has won its legal battle with the memorial fund, which sought to stop the company producing Diana memorabilia. Lawyers argued […]

Gianni Origoni secures Pavia lawyers for Padua

Gianni Origoni & Partners is to open an office in Padua staffed by former employees of Pavia e Ansaldo. The four lawyers,who plan to take some of their clients with them from their old office in the city, will specialise mainly in M&A and finance. Among the team is Luigi Pavanello, who returns to Gianni […]

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