Sumitomo trial settles

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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

Masons hire sees RPC boost construction dept

Reynolds Porter Chamberlain (RPC) has bolstered construction by scooping a partner from Masons. Ron Nobbs, a construction and projects specialist, was a partner in Masons’ construction and engineering group. His appointment closely follows the recruitment of Michael Blackburne, formerly head of construction litigation at Addleshaw Goddard. The hires bring the number of lawyers in RPC’s […]

New complaints body launched

A new body to deal with complaints against the legal profession was formally launched today (28 October) by the Lord Chancellor, Lord Falconer. The Office of the Legal Services Complaints Commissioner (LSCC) has full powers to set targets and to fine the Law Society if it fails to deal with complaints. The news follows the […]

Grapevine

White & Case and Hong Kong firm Deacons could teach theBritish Royal Family a thing or two about bitter divorces. The curtain has finally come down on the two-year battlebetween the firms over a group of insolvency partners whodefected to White & Case in June 2002. Mark Fairbairn and Edward Cairns, the two key Deaconspartners […]

For argument’s sake

Settling family disputes through mediation is growing in popularity, but more can still be done. Lisa Parkinson reports One of the main objectives of Lord Woolf’s reform of civil procedure in 1998 was to encourage parties to settle disputes without litigation. The Court of Appeal emphasised in two recent cases that courts have a duty […]

Cleary Gottlieb promotes New York partners as it turns LLP

Cleary Gottlieb Steen & Hamilton has announced its latest round of partner promotions, making up six lawyers into the firm’s equity. At the same time the firm is moving to limited liability status, effective from 1 January 2005. Five of the new partners hail from the firm’s New York base. Of those, two are tax […]

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