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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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It's been a bad week for…

Marriot Harrison, the media specialist firm which is acting for Lucasfilm, the makers of Star Wars: Episode 1 – The Phantom Menace. The firm is now helping Lucasfilm defeat the menace of the internet, after UK bootleggers pulled off the most sophisticated piracy job in cyberspace history. UK pirates are playing merry hell by distributing […]

In brief: English solicitors

English solicitors are twice as likely to have a complaint filed against them than their Scottish counterparts. Figures released to The Lawyer from the Law Society of Scotland show that only one in 1,000 legal transactions produced a complaint against Scottish solicitors. This compares with one in 500 transactions resulting in a complaint being made […]

Council challenges short stays

Devlin Judgment is now pending in the House of Lords in the case of R v Royal Borough of Kensington and Chelsea, a test battle over alleged breaches of planning consent in relation to occupancy regulations in respect of two leasehold flats in Chelsea. The council served breach of condition notices on Lawrie Plantation Services […]

…and eyes up Egypt and Estonia

Norton Rose is planning an expansion into a number of emerging markets, The Lawyer can reveal. The firm has put Egypt at the top of its hitlist, while sources also claim it also targeting Estonia, the Baltic state which is next in line for EU membership. Roger Birkby, Norton Rose’s managing partner, is reluctant to […]

Valerie Davies

Anne Mizzi talks to Valerie Davies, a partner basking in the media spotlight after acting in the high-profile Maxwell Communications case. Valerie Davies, head of the seven partner corporate and banking litigation group at Norton Rose, is basking in her new-found publicity, which exploded after winning a £67m out of court settlement for Grant Thornton, […]

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