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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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Breakthrough in asbestos test case

A specialist personal injury law firm is claiming a major breakthrough in claims for asbestos-related diseases. John Pickering & Partners, which has offices in Manchester, Oldham, Liverpool and Halifax, believes it has pioneered a new class of action regarding asbestos-related diseases. The firm’s claim comes in the wake of a ground-breaking settlement for u110,000 of […]

Pinsents acts in first ever shipping PFI

Pinsent Curtis is claiming that it has completed the first ever shipping deal under the private finance initiative (PFI). The Natural Environment Research Council instructed Pinsent Curtis on the financing of its #30m ship, Polar Queen. The vessel, which is being leased from a Norwegian shipping company advised by Richards Butler, will be renamed Ernest […]

It's been a good week for…

European Court of Human Rights employees, who are heading off for a seven-week holiday, despite a backlog of 60,000 cases and an average waiting time of five years for cases to be heard. The lengthy wait facing applicants could cause the court to fall foul of its own convention – under Article Six undue and […]

Eversheds appoints for Bulgaria

Eversheds has appointed an army officer-turned barrister to pave the way for its planned new Bulgarian office. Francis Chubb will work from the office of Georgiev Todorov & Co, a Sofia-based law firm with which Eversheds has close connections. His appointment is the first step in building a big enough Bulgarian practice to merit the […]

No competition

Co-operation, not competition, has been part of the valued and strong working relationship between The Solicitors Pro Bono Group (SPBG) and the Bar Pro Bono Unit since the SPBG was formed 18 months ago (The Lawyer, 22 March). Of course, differences between the two sides of the profession will affect how and when pro bono […]

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