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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

DAC tests potential partners

Davies Arnold Cooper is putting potential new partners through rigorous psychological tests to see if they are up to the job. The firm’s managing director, Nick Sinfield, admits he cannot be certain of spotting partners of the future. Instead candidates are subjected to days of extensive psychological testing to see if they have the right […]

Barristers' pay is more than enough

Your article “Barristers fight solicitors for share of a shrinking market” (The Lawyer, 21 June) suggests barristers can compete effectively on price by charging a “very low rate” of #50 per hour, and that their overheads are around 25 per cent of earnings. Let’s do some calculations on this. Suppose these barristers work for 30 […]

This week

Watch out for the answer to the question on the tip of every legal expert’s tongue – was Mick Jagger’s marriage ceremony with Jerry Hall on the island of Bali a proper wedding? A High Court judge is due to give his opinion on the matter this week.

False bills of lading sink shipping trio

Roger Pearson reports on an appeal against damages awarded in a shipping case centring on falsely dated bills of lading. The Court of Appeal is to rule on a case of major importance in shipping circles. The case centres on what Mr Justice Cresswell described in the High Court decision being challenged as the “cancer” […]

Firms capitalise on publishing sector

SJ Berwin, Freshfields and Clifford Chance are among a host of firms cashing in on the volatile publishing sector. SJ Berwin acted for international publishing house The Future Network on its #577.5m flotation on the London Stock Exchange. Its team was led by corporate finance partner Steven Davis and included corporate finance partners John Daghlian […]

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