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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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Can’t cook, won’t cook

After spending a year out discovering her dislike for cooking and rediscovering her love for law, Nicola Walker has returned to work at Hogan & Hartson. Fiona Callister investigates If Nicola Walker can be held as an example, all lawyers should take a year away from their desks. Recently taken on to spearhead the move […]

CFAs threaten chambers’ case management skills

CHAMBERS are leaving themselves dangerously exposed because of their failure to keep accurate records of their commitment to conditional fee arrangements (CFAs). With legal aid for personal injury cases now replaced by CFAs, barristers face bankruptcy if they cannot effectively manage the expected boom in such cases, as setting appropriate fee rates relies on being […]

WestLb/British Land

This joint venture with British Land marks a new departure for WestLB in the UK property market. The German bank is used to making loans into property companies, but this is its first experience of taking on equity as well as debt risk. The joint venture was funded by a £265m loan from West LB […]

Fight for the rights

This year, Pearson launched the biggest rights issue the UK has ever seen in order to raise the capital to buy National Computer Systems. Dearbail Jordan notes the effects four months on WHEN Gary Rincke, former London managing partner of US firm Morrison & Foerster, joined Pearson on 1 July, the company was about to […]

Perrin's View

This is my last regular column for The Lawyer. I have enjoyed pulling people’s tails over the course of the last year and have relished the email traffic which has been generated. Thank you, as they say, for having me. Of the multitude of tasks that fall to a managing partner’s lot, one of the […]

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