Shareholders throw out bid for Greycoat

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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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Society members lash out at 'flawed' software

Law Society Council members have called for the society’s flagship computer package for high street firms to be scrapped following the publication of an independent consultants’ report which called it “deeply flawed”. As The Lawyer predicted last week, the report by Oxford Law and Computing pulled no punches in its criticism of the High Street […]

In-house. Getting in with the in-crowd

US lawyers have a reputation for being more business-minded than their UK coun- terparts, and nowhere is this better illustrated than in the role of the in-house legal adviser. While many UK companies are only just coming around to the idea that employing internal counsel is a good way of cutting costs, for years, US […]

DPP reassures on disclosure

BARBARA Mills QC, the Director of Public Prosecutions, has moved to reassure critics of the new criminal disclosure rules that they will not lead to miscarriages of justice. Mills last week told a conference organised by the British Academy of Forensic Sciences that the CPS and the police were working together to comply with the […]

Litigation Writs 17/12/96

Ideal Country Homes of London W1 is suing Margaret Routledge of Wormley, Surrey and Orkney Property Services of Chichester for damages for alleged breach of a 1989 contract. The claim arises from the purported sale on 14 March 1991 of property which was the subject of the contract at a gross undervalue and for breach […]

Waiting for casualties

Having read Teresa Gorman’s viewpoint in The Lawyer 10 December with a certain amount of curiosity, I was interested to see her refer to “the closed shop arrangement, whereby only solicitors or one of the other professionals can open the door to a barrister”. Perhaps she could consult with one of her numerous barrister colleagues […]

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