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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

Party loyalties influence judgement

THE HIGH Court ruling on 16 February to uphold the decision to reject plans to modify Liverpool Football Club stadium has highlighted the issue that party loyalties should not play a decisive role in decisions relating to planning matters. The case, R v Local Commissioner for Administration in North and North East England ex parte […]

Councils failing their tenants

Your 18 January edition carried an article, “A system in disrepair” in which various council chiefs and lawyers complained that solicitors specialising in tenant housing disrepair work enable their clients to unfairly jump the repairs queue. Our local newspaper recently reported the case of a tenant who has had to live in sub-standard housing for […]

Law will spark case work flood

A FLOOD of work is predicted for employment lawyers, tribunals and courts as the Fairness at Work Bill passes into law. David Widdowson, head of employment law at Bevan Ashford, says the increase in compensation for unfair dismissal from £12,000 to £50,000 would mean many more claims, especially from emplo yees at “the top end […]

Insolvency boost for Pannones

Manchester-based Pannone & Partners is boosting its insolvency department with two new partners. Although Pannone’s managing partner, Joy Kingsley, admits: “I could lie and say we went out looking for insolvency partners but we didn’t. However, we are very pleased with both of them.” Alex Megaw is joining from the Manchester office of Davies Wallis […]

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