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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

Litigation Recent decisions 26/09/95

Contempt of defective committal order C v Hackney London Borough Council (1995). CA (Leggatt LJ, Aldous LJ and Hutchison LJ). Summary: Error in activating suspended sentence corrected without causing injustice: A father twice breached an order prohibiting him from removing his child from its guardian and was sentenced to two suspended sentences totalling three months […]

Briefs

Linda Tsang reports Dundas & Wilson, leading legal practice in Scotland, has chosen Netware 4.1 as the base for its IT infrastructure. Part of a major IT investment to provide the business with a scalable information systems platform, Netware 4.1 will provide centrally managed business services to 300 employees at Dundas offices in Edinburgh, Glasgow […]

If we all pull together…

Write to: The Editor, The Lawyer, 50 Poland Street, London W1V 4AX, Fax 0171-734 0534 The more I consider the John Edge conveyancing fee initiative the more I think it is misconceived. The backlash has already started and it will further tarnish the image of the profession. Over the past five years I have grossed, […]

Thornton gets all clear from Mackay

The furore surrounding Judge Anthony Thornton QC looked set to rumble on this week despite Lord Mackay giving him the all clear to resume judicial duties. Lord Mackay backed Thornton last week after meeting him to discuss newspaper allegations about his personal life. The Lord Chancellor accepted the judge’s denial that he had smoked illegal […]

In brief: CCBE still out on establishment plan

The CCBE is still pondering the question of rights of establishment after Germany and the UK put forward new proposals to break the deadlock at a meeting in Brussels last week. According to Law Society head of international Hamish Adamson, the Spanish and French delegations did not reject the proposals out of hand. Further discussions […]

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