Paralegals: opportunity or exploitation?

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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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Conference dates

The International Bar Association has four conferences planned. The first, in Washington on 20 May, looks at the challenges facing practitioners in international franchising, organised jointly with the International Franchise Association. The second, “Crime Across the World: Is the Rule of Law Being Corrupted?”, will take place between 22-25 May in Vienna. The third is […]

In brief: Baker & McKenzie expands in Taiwan

Baker & McKenzie is opening a second office in Taiwan boosting its operation there to 45 lawyers. The new office will be in Hsin Chu, 90 miles south of Taipei where the firm set up in 1977, and will service the expanding computer industries in Hsin Chu’s Industrial Park – Taiwan’s version of Silicone Valley.

… while Notts Law School studies the ethical implications

NOTTINGHAM Law School is studying how the funding of civil litigation through insurance products and conditional fee arrangements is affecting legal ethics. The study, to be published next month, will ask if the current ethical code underpinning the legal system will protect clients whose cases are being funded by the growing number of insurance-based products. […]

US cuts study time

The state of New York’s Court of Appeal has approved new Bar admission rules which allow foreign lawyers to take the Bar examination after only one year studying American law, rather than three as before. The new rules also reduce the required number of hours of training. The changes take effect from 27 May.

Jakarta crisis halts arbitration plans

Plans to open an international arbitration centre in Indonesia have suffered a set-back as Jakarta-based western lawyers continue to pull out of the crisis-racked country. Nick Stone, an insurance and arbitration specialist and a recent recruit to Herbert Smith’s Singapore office as senior consultant, had hoped to set up an arbitration centre based on the […]

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