Race on for LAB franchises

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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

In brief: Grabiner latest to leave Dibbs after 10 years

Dibb Lupton Alsop has lost highly-rated property partner Martin Grabiner to rival Nabarro Nathanson. Grabiner is joining Nabarros’ Sheffield office on 1 October. His departure is the latest in a series of partner defections from Dibbs this year. He described his departure as “amicable”.

Capital rules pose threat to lawyers

Many law firms will be driven out of the investment business by draconian new capital reserve requirements, solicitors are warning. Investment companies governed by existing financial regulators such as Imro have to keep at least a quarter of their annual turnover liquid to protect clients should they go bust. The Financial Services Authority (FSA), which […]

Byrom Street builds new premises

Byrom Street Chambers, the Manchester set made up entirely of QCs, has signed a deal to move into brand new purpose-built premises by the middle of next year. The chambers, which was founded in the mid-1950s and is made up of 12 QCs, will be moving across the road from its current site in Byrom […]

Shaw electrifies power merger. James Davis of Freshfields led a team advising Southern Electric.

To help electricity company Scottish Hydro-Electric merge with Southern Electric, Herbert Smith wheeled out its latest weapon, gamekeeper turned poacher Michael Shaw (pictured right). Shaw, who co-led Herbert Smith’s team with partner David Paterson, had only just returned to Herbert Smith in June after a two-year stint as joint secretary to the Takeover Panel and […]

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May the sole practitioner survive

Monty Martin is convinced legal aid and conveyancing changes will decimate the high street, but he says there is a future for those lawyers willing to adapt. Lymbury’s out. My colleague and fellow sole practitioner John Lymbury is selling his well-known Nottingham PI practice as featured in The Lawyer recently. John and I have discussed […]

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