The aftermath for Wragges, LG, CMS, Dundas

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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

Corporate Matters — January 2014: validity of an earn-out notice

The negotiation of earn-out provisions is often one of the pinch points in the negotiation of a share purchase agreement. The preparation and service of the earn-out notice tends to attract less attention. This can be costly, as a recent High Court judgment demonstrates. In Barratt v Treatt plc, a share purchase agreement (SPA) provided for an earn-out […]

Healthy competition — OFT refers private healthcare market to CC for investigation

In April 2012, the Office of Fair Trading (OFT) referred the private healthcare market to the Competition Commission (CC) for investigation. The Enterprise Act 2002 gives the OFT power to make such a reference if it has reasonable grounds for suspecting that competition for the supply or acquisition of goods or services is not working effectively. […]

The basics of forfeiture explained

It is hardly surprising that in today’s economic climate some tenants are struggling to meet their rental payments. This often leaves landlords in a difficult situation, unsure of their rights and keen to secure an ongoing rental income. This article examines one of the remedies available to landlords in such circumstances: the right of forfeiture. Establishing and […]

People

Moves 27 January 2014

Move of the Week Barclays has hired Lloyds Banking Group’s (LBG) head of legal for channels and intermediaries within the retail & wealth division Sian McIntyre. McIntyre has been in senior legal roles within the retail and wealth department since 2008, initially working as head of legal for corporate and commercial. She will join Barclays […]

Slaughters breaks from tradition with first Asia lateral hire

It’s seen as one of the more traditional firms in the City, but today Slaughter and May threw off its conservative cloak. It’s taken two years to materialise , but the firm has unveiled a rare lateral hire – its first in Asia – that will gift it a US practice in Hong Kong. Before […]

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