Swapping law for crocodiles

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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

LCD's computer choice is branded 'illogical'

An Information technology company has lodged a complaint with the Lord Chancellor’s Department (LCD) over the “illogical” selection of a rival computer system, costing £60m more, to be used in magistrates courts in England and Wales. A private finance initiative deal worth £183m – known as Project Libra – was awarded to ICL and Unisys […]

In brief: The Government

The Government has greatly increased magistrates’ powers in the Youth Court to lock up juveniles. This appears to have taken place without proper consultation. The maximum custodial term that the Youth Court will be able to impose has increased from 12 to 24 months. Paul Cavadino, director of policy for the National Association for the […]

Time to play the field in euroland

Chris Bates, Clifford Chance Haydn Puleston Jones, Linklaters Bill Richards, Lawrence Graham Much has been said about the potential strengths and pitfalls of the euro, now the world’s second-biggest currency. But the creation of euroland, an 11-nation bloc with a population of 290 million and an economic output equivalent to that of the US, is […]

Property

The Greenalls Group and Nomura International have agreed to sell their entire franchised and tenanted estate to Tudor House Acquisitions. The total purchase price is £370m. Greenalls was advised by Travers Smith Braithwaite with partner Simon Jay leading the corporate team. Nomura was advised by Clifford Chance, led by David Pearson.

Drink-drive barrister faces arrest on return to the UK

A barrister faces arrest on her return from holiday this week after failing to appear on two drink-drive charges at Bow Street Magistrates Court last Wednesday. Karen Riggott, of Clerkenwell, wrote to the court saying that she could not attend because she was abroad. Prosecutor Raj Barot told magistrate Ronald Bartle this was not an […]

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