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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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Eversheds fights Bob Marley royalty claim

Eversheds and West End firm Hamlins have been fighting a High Court dispute between reggae legend Bob Marley’s record company and former guitarist Aston ‘Family Man’ Barrett over unpaid royalties. Eversheds partner Nick Valner is acting for Marley’s estate and record company, Universal Island Records, defending against Barrett’s allegations that he has not received royalties […]

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College of Law awarded LLB powers

In the biggest shake-up in legal education since the launch of the LPC, the College of Law has become the first non-university-affiliated law school to win degree-awarding powers. From September 2006, students completing the college’s GDL and LPC will graduate with a law degree (LLB) rather than a diploma. It also has the power to […]

DLA Piper finalises Aussie alliance

Longtime collaborators DLA Piper Rudnick Gray Cary and Phillips Fox are set to formalise their relationship. DLA Piper is in advanced talks with the Australian firm to form an alliance. The two firms already refer work to each other. DLA Piper joint chief executive Nigel Knowles told The Lawyer: “Phillips Foxhas been known to us […]

People

Yorkshire firm McCormicks has appointed Matthew Pugh as a commercial dispute resolution associate. He joins from Ford & Warren. Colchester firm Ellisons has promoted associate Sally Hudson to the partnership. Mace & Jones has hired Chris Ellis and Frances Dixon, who will be based in the employment team in Liverpool and HR in Manchester respectively. […]

Collyer-Bristow five get really high

Yet another bunch of lawyers with a yen to do something different. This time it’s a five-strong team of trainees from Collyer-Bristow who are wearing in their hiking boots in preparation for a one-day assault on the UK’s three highest peaks – Ben Nevis, Scafell Pike and Snowdon – on 2 June.As the team’s website […]

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