Tenant seeks landlord ruling

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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

Lord Chancellor addresses ethnic minorities shortfall

The Lord Chancellor’s Department is launching a research project to investigate why so few ethnic minority and women applicants become Queen’s Counsel or judges. This year, of 553 applications to become silk, only 27 came from ethnic minority lawyers and 45 from women. This represents only 13 per cent of all applications. Lincoln Crawford, chair […]

DAC and Berrymans enter merger talks

Davies Arnold Cooper (DAC) and Berrymans Lace Mawer have been engaging in secret merger talks. Nick Sinfield, managing director of troubled firm DAC, met Berrymans Lace Mawer senior partner Paul Taylor last month to discuss a possible merger. A source close to Berrymans says: “He [Taylor] was seeing if there was anything on the table […]

Chambers' reforming zeal puts clerks' jobs on line

Ask a senior barristers’ clerk about the future structure of the Bar and the chances are they will draw an analogy with football. The season, they say, is reaching its climax, and a couple of indifferent results can mean the difference between staying in the Premier League and relegation. The first casualty of a failed […]

Illness delays Vernon hearing

A former Shakespeares consultant suspected of stealing more than u300,000 from the Birmingham firm claims he is too ill to face a Solicitors Disciplinary Tribunal hearing. Solicitor John Vernon, 61, who worked at Shakespeares for more than 30 years, failed to turn up for the hearing last week, citing ill health. The hearing was adjourned […]

Quote of the week

“Henceforth, all former heads of government are potentially at risk.” – Lady Margaret Thatcher, speaking in the House of Lords for the first time in three years to issue a staunch attack on the arrest of General Augusto Pinochet. She is allegedly fearful that she may suffer a similar fate if she travels abroad again.

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