Shareholders object to Barings plan

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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: New RJW dept focuses on poisoning law

Russell Jones & Walker (RJW) has become the first firm to dedicate a department to the area of chemical poisoning law, after recruiting expert in the field Alan Care from rival practice Leigh Day & Co to lead the new department. RJW aims to recruit lawyers to the department in the next few months and […]

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 […]

Brief

Leading commercial and public law set 2 Hare Court has elected Charles Flint QC and Presiley Baxendale QC as joint heads of chambers (pictured above). Baxendale was counsel during the Arms to Iraq hearings. Colin Ross-Munro QC, head of chambers for the past 19 years, will continue to practice from the set. In August, the […]

Litigation Recent Decisions 31/03/98

Decisions are taken from Lawtel’s Case Law database. LTL: Lawtel report; TLR: Times Law Reports; ILR: Independent Law Report. Copyright in categorisation of radio station playlist Robin Ray v Classic FM (1998) ChD (Lightman J) 18/3/9The plaintiff, a writer and broadcaster of classical music, claimed against a radio station, for breach of copyright. At issue […]

Weil Gotshal boost

US firm Weil Gotshal & Manges has boosted its central and eastern European practice with the appointment of US lawyer Eric Rosedale and UK lawyer Simon Swycher. Rosedale joins from the New York office of Jones Day Reavis & Pogue, while Swycher was with Nabarro Nathanson.

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