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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

African trek for hospice funds

Are you reasonably fit, adventurous and want to help local children who are terminally ill? The Butterwick Children’s Hospice is organising a “Walk on the Wild Side”. This is an opportunity to scale the highest mountain in Africa and raise much-needed funds for the hospice. The event includes an 11-day trip to Mount Kilimanjaro and […]

Lawyers at play

Canary Wharf group legal counsel Michael Ashley-Brown can go from 0 to 60 in 3.2 seconds in his 1100cc Club Sport, which he races in his spare time. He is shown with Michael Madden (l) and Martin Wright, both partners at sponsor Ashurst Morris Crisp.

City assistants beat inflation

ASSISTANT solicitors in the City are enjoying average pay increases of four times the rate of inflation, according to a survey conducted by recruiters Michael Page Legal, in conjunction with The Lawyer. The survey, of the top 200 firms in the UK, shows that solicitors are taking advantage of a seller’s market to receive average […]

In brief: Garretts woos Cobbetts' construction head

Garretts 30-lawyer Manchester office has recruited Cobbetts construction litigation head David Rogers as a partner and has appointed a new office managing partner, Tim Hamilton, who joined from Alsop Wilkinson in 1996. The former managing partner, Stephen Devlin, who founded the office three years ago, takes the new role of head of corporate in Manchester.

Property

Gill McGreevy of DJ Freeman advised the Resolution Group in its £18m acquisition of four industrial estates from Lodestone Properties, advised by Robert Muir of Watson Farley & Williams.

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