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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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1

Monckton forces Euro Commission into £30m payout to UK workers

MONCKTON Chambers has scored a victory at Luxembourg’s Court of First Instance (CFI) that will see the European Commission pay out almost £30m in damages to UK workers. More than 100 contractors at Joint European Torus (Jet), the EU’s largest nuclear fusion research project, brought claims against the Commission under two linked cases, Eagle & […]

BLG set to stem exits with lockstep rethink

BARLOW Lyde & Gilbert (BLG) has overhauled its lockstep following heavy partner losses over the past two years. The firm, which is almost a full equity partnership, has shortened the time it takes to reach the top of equity from 14 to 11 years. The modified lockstep in financial year 2005-06 started at 28 points, […]

DMH seals home win for Seagulls

Much of Britain might be under water at present, but on the South Coast a little ray of sunshine has crept through the clouds. Much of Britain might be under water at present, but on the South Coast a little ray of sunshine has crept through the clouds. DMH Stallard has helped find a new […]

Hammersmith residents fight to halt legal centre funding cut

The London Borough of Hammersmith & Fulham is being sued by three legal advice centre users to stop it cutting grants to the local law centre. The three citizens, Hodan Ali, Sosen Assefa and Yasmine Pettigrew, all live or work in Fulham and have applied for a ‘fast-track’ order for the case to be heard […]

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Split decision

The conviction of the former Zambian president for corruption vindicated the decision to hold the trial in the UK, says Janet Legrand On 4 May 2007, following a four-month trial held in two countries simultaneously, Mr Justice Peter Smith gave judgment in the High Court in London against the former president Dr Frederick Chiluba in […]

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