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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 […]

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Lippell digs the great outdoors during gardening leave

Leeds corporate star Sean Lippell started work at Garretts last week after only seven months of a contractual 12-months’ ‘gardening leave’ – part of which he spent mountain walking in Africa and the Himalayas. The high-profile Pinsent Curtis defector – Lippell was national head of corporate – was suspended from Pinsents on 14 October after […]

The Lawyer Inquiry: Lynda Martin Alegi

Lynda Martin Alegi was born in Liverpool on 7 March 1952. She is a partner at Baker & McKenzie. What was your first job? Papergirl. What was your first ever salary as a lawyer? £1,500. What would you have done if you hadn’t become a lawyer? Been a kept woman. Which law could you live […]

Westminster Six battle set for autumn

Roger Pearson reports Dame Shirley Porter and her former council officers are to appeal the £31.6m surcharge order in October. A date in October has been scheduled for a hearing in which a £31.6m surcharge on Dame Shirley Porter and five ex-colleagues on Wesminster City Council is to be challenged. The surcharge order, which has […]

Property

Norton Rose acted for Wates City of London Properties on providing a £2m 20-year lease on 63,000 sq ft on 90 Queen Street, EC2 to Banca Commerciale Italiana, advised by Freshfields.

War crimes. Trial and error tribunal

The conviction of the Bosnian Serb, Dusan Tadic, by the International War Crimes Tribunal in the Hague on 7 May, represents one of the most significant advances in the development of human rights law in recent years. The tribunal has pierced the corporate veil of the state and identified and tried a specific individual for […]

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