Paralegals growing force in profession

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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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No stigma in advertising, claims ABA

THE LEGAL marketplace is competitive and lawyers need to make “client development efforts” to keep ahead of the game, the ABA’s advertising commission says. Staff counsel to the commission William Hornsby told lawyers the stigma attached to advertising was unfounded and theories that good lawyers did not need to advertise had been overturned by the […]

Surge in client/lawyer sex claims

A LEADING US employment attorney has urged law firms to take action to prevent clients from sexually harassing their lawyers after recent cases in the US showed the practice was on the increase. LA lawyer Karen Kaplowitz told ABA delegates a growing number of actions involving sexual harassment by clients, opposing counsel and judges had […]

Plugging the investment gap

Many solicitors’ firms offering in-house investment management do not try to attract the person on the street, who is often dealing in small amounts of money and takes a disproportionate amount of time to decide what to do with it. Often the greater emphasis is on earning repetitive, annual fees from managing the paperwork as […]

Flotations

Berwin Leighton acted for Oasis Stores in its flotation on to the Official List by way of an institutional placing valuing the company at £77 million. Linklaters & Paines acted for sponsors Robert Fleming & Co.

Elsa meeting unites East and West

A FOREIGN Office grant of £26,000 will unite law students from East and West Europe at an international conference in Nottingham next month. The UK branch of the European Law Students Association is staging the organisation’s 28th International Council Meeting from 9 to 16 September. The conference will be the first attended by students from […]

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