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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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Brick Court's happy birthday

ONE hundred and fifty people gathered at the Waldorf Hotel in London last week to celebrate Brick Court Chambers’ 75th anniversary The chambers, which specialises in commercial law including shipping, insurance and banking, was founded by former Labour attorney-general and pre-eminent commercial lawyer William Jowitt. He was soon joined by a young barrister, Patrick – […]

Accounting board delays share scheme alterations

The Accounting Standards Board has deferred making a decision on changing accounting standards for employee share schemes following a plea from share scheme solicitors and other groups. As reported in The Lawyer last week, representatives of around 70 solicitors belonging to the Share Scheme Lawyers Group wrote to the ASB’s Urgent Issues Task Force asking […]

Project finance

Allen & Overy acted for Lowdham Grange Prison Services

Citizen v executive: the case continues

Judicial review may be its own worst enemy. The exponential growth of administrative law challenges since the inception of the ‘new’ procedure in 1981 has led to concern on two fronts. First, the clash between citizens and the executive has resulted in some notable defeats for the Government in general and Michael Howard in particular. […]

Known conman gets certificate

The Law Society issued a practising certificate to a young lawyer just days after three prominent firms informed it he was a devious conman who had lied about his legal qualifications, it has been claimed. Jeffrey Doss-Lindsey was admitted as a solicitor on 3 April 1995 after he had duped Slaughter and May, White & […]

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