SJ Berwin seeks permission to share fees with Frankfurt firm

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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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Litigation Disciplinary Tribunals 26/5/98

Vasantha Karalliedde, solicitor’s clerk, 58, of Alleyn Park, SE21, employed by Mangalagama & Co, Edgware, and responsible for conduct of professional business of firm’s clients, including conduct of litigation matters, banned from 6 January 1998 from further employment by a solicitor without written permission of Law Society and ordered to pay costs of £1,920. Allegations […]

Litigation Writs 26/5/98

Two young children who were hurt in a car crash in which their mother and another woman were killed are suing for compensation. Widower Christopher Holland and his two children, Emily and Oliver, have issued a High Court writ against Alec Roberts, executor of the estate of the late Hilda Roberts, blaming her for the […]

Combar takes the initiative

Combar is introducing marketing and education initiatives in order to dispel the ivory tower image, writes Linda Tsang. Linda Tsang is a freelance journalist. The Commercial Bar Association now has over 900 members from 47 sets. Combar chairman Ian Glick QC of One Essex Court comments: “As we move into the next century, this area […]

Ashursts banking star quits in mystery move

Stephen Mostyn-Williams, the high-profile head of banking at Ashurst Morris Crisp, mysteriously resigned from the firm last week and went home immediately without working any notice. Ashursts issued a terse agreed statement saying that he had “resigned to pursue other interests”. In the statement, Mostyn-Williams hinted that he may be either going in-house, setting up […]

CFA Insurer loses underwriter

Litigation Protection, one of the few companies which sell insurance for conditional fee arrangements, is losing its contract with its sole underwriter, Isle of Man Assurance. The move follows the departure of two of the three staff at the company, run and majority-owned by Brian Raincock. Three out of the five staff at sister conveyancing […]

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