Property developers in taxing dispute

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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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Duty solicitor scheme set for shake-up in LAB review

Firms without legal aid franchises may be excluded from undertaking duty solicitor police station work as part of a major shake-up of the scheme planned for the summer. The Legal Aid Board (LAB) is to embark on a three-month review of the scheme this week in response to claims from firms with criminal law franchises […]

Civil Justice Council to probe impact of switch from legal aid to conditional fees

LAWYERS’ fears that the switch from legal aid funding to conditional fees in personal injury cases will deny justice to litigants are to be investigated by the Lord Chancellor’s new advisory body, the Civil Justice Council. The 22-member council, which held its inaugural meeting on 20 March, is to set up a sub-committee to consider […]

Litigation Writs 31/03/98

Frank Parish of Middlesex is suing Thistle Hotels of Leeds for damages in respect of injuries he suffered in an accident on 19 January 1995, when working for Thistle at the Kensington Palace Hotel in London. Writ issued by Moss Beachley & Mullem, London W1. A Falklands War veteran is suing the Government. Christopher Duggan […]

Rabinovitch granted legal aid for divorce

The woman who is divorcing her wealthy husband to marry Anthony Julius Princess Diana’s divorce lawyer has been granted legal aid. The Legal Aid Board confirmed last week that it had granted a legal aid certificate to freelance journalist Dina Rabinovitch, who is divorcing Guido Rauch, a wealthy derivatives trader. She is instructing Simone Katzenberg, […]

Stones swallows fellow Exeter practice

FOURTEEN-partner commercial Exeter firm Stones is swallowing up its five-partner neighbour Cann & Hallett. David Cox, practice manager at Canns, said the main reason for the move was the “tremendous competition” in the region. The new firm Stones Cann & Hallett will have 16 partners and 40 other fee earners, and will have offices in […]

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