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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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Litigation Personal Injury 06/08/96

Smith v John Dee – QBD 8 July 1996 Claimant: William Smith, 6Incident: Road traffic accident Injuries: Claimant injured when his pick up truck was in collision with lorry; sustained severely wrenched neck and trapped nerve roots Award: £49,200 (agreed damages) Judge: Mr J Griffiths-Williams QC (sitting as deputy High Court judge) Plaintiff’s solicitor: AE […]

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US-style title insurance threatens solicitors' remortgaging business

THE HEAD of a leading conveyancing firm has joined forces with an insurance company to announce title insurance plans which could deprive conveyancing solicitors of a large slice of their work. Brian Marson, of Bromley firm Marsons, has become a director of a UK subsidiary of US insurer First American Title Insurance Company. And the […]

No claims become a bonus

Some time in 1997 the former partners of accountancy firm Binder Ham- lyn will discover whether they have to pay a £105 million professional negligence claim. Law firms are following the case closely as it makes its way from the High Court to the Court of Appeal – bad news for Binder Hamlyn is bad […]

Law Society slates IR tax rewrite plan

Inland Revenue plans to rewrite the whole of English tax law have been attacked by revenue experts at the Law Society. The Government has launched a three-month period of consultation on the scheme, which will involve a team of 40 lawyers and other tax specialists. The team will spend five years rewriting nearly 7,000 pages […]

In brief: Construction expert goes to Berrymans

Victoria Russell has joined City firm Berrymans as a partner in the construction department. She was previously with Freedman Church where she was a partner for 11 years. Russell is experienced in advising employers, contractors and specialist sub-contractors on law, practice and procedure and is currently training to be a mediator and secretary of the […]

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