Paying the price for a lack of leadership

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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 […]

Recommended

Getting counsel's advice on experts

Ravinder Chahal asks chambers whether expert witnesses are a help or a hindrance to promoting access to justice and finds out how they choose the right one for each case. The use of expert witnesses in legal proceedings, both here and in the US, is commonplace. In light of the mutually exclusive and confusing medical […]

Merrills turns to Freshfields

Investment bank Merrill Lynch chose Freshfields ahead of Linklaters to advise it on its £3.1bn takeover of Britain’s biggest fund manager, Mercury Asset Management (MAM). The bank’s decision to turn to Freshfields for such a major deal has surprised City lawyers, given Linklaters’ close association with Merrill Lynch. Linklaters advised on the bank’s acquisition of […]

Norway tightens up

The Norwegian Law Society has asked law firms associated with the Big Six account ancy firms to explain their relationship with their parents. The society is seeking to ensure that associated law firms are operating independently.

Narrowing down the issues

Marion Golding says that success lies in opposing expert witnesses identifying areas where they can and cannot agree. Marion Golding is a senior litigation solicitor at Lovell White Durrant. Lord Woolf’s proposals for expert witnesses, now endorsed by Sir Peter Middleton, have also been accepted by the Lord Chancellor, Lord Irvine. It is only a […]

Cross-border restitution claims stand alone, says House of Lords

Jonathan Tecks is a barrister with Littman Chambers and Tom Coates is a partner with Lewis Silkin. Jonathan Tecks and Tom Coates discuss a case that has, for a while at least, settled the question of where a restitutionary claim should be heard. A recent case has for the moment decided the issue of domestic […]

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