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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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Dundas & Wilson loses IT head

ARTHUR Andersen law firm Dundas & Wilson is losing its finance division head of IT to a leading legal IT supplier. Dundas’ finance division IT project manager Jim Currie is leaving the firm in July to join Edinburgh-based Pilgrim Systems, which supplies its practice management system LawSoft to London firms Fox Williams and Biddle, and […]

Jimi Hendrix's father seeks lost royalties

Roger Pearson reports on a music industry dispute over the singer’s royalty rights for six albums that has endured for three decades. A high-profile music industry battle is looming in the High Court over the royalty rights to six albums by the late Jimi Hendrix. The battle has been launched by Experience Hendrix LLC, a […]

Formby signs up for Surrey firm

Macfarlanes’ former managing partner has forsaken life in the City fast lane to join provincial firm Mundays as chief executive. Roger Formby reckons that 38 years at the City firm – his entire working life as a solicitor – and 12 years as its managing partner was “long enough” and it was time for a […]

SJ Berwin plunders leading Spanish firm for new office

SJ Berwin has raided a Spanish law firm to establish its own Madrid office and strengthen its Brussels team. The City firm has taken on two teams from B Cremades y Asociados in Madrid, one of Spain’s largest law firms. In Madrid, senior corporate partner Carlos Pazos will bring two assistants with him to set […]

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