The Lawyer Inquiry: Simon Lipson

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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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Kingsford Stacey set to hire 40 new fee earners

Mid-sized London firm Kingsford Stacey Blackwell is on the lookout for 40 new fee earners in the next six months as part of an aggressive growth plan. The 40 are being sought for the firm’s personal injury department, which has just won commitments of work from “two or three insurance companies”. Managing partner Charles Rankmore, […]

IR's solicitors found guilty of racism

The Inland Revenue’s Solicitor’s Office has been accused of “institutionalised racism” by an employment tribunal. The tribunal’s damning indictment came as it found the department guilty of racially discriminating against black barrister Marlene Morgan. It was ordered to pay u6,681 for lost earnings and emotional distress. Morgan, who claims she has been unfairly treated since […]

In brief: The Human Rights Act 1998

The Human Rights Act 1998 will come into effect in England and Wales on 2 October 2000, the Home Office has announced. The Government had previously warned that implementation of the new act – which will incorporate the rights guaranteed by the European Convention on Human Rights into UK law – may be delayed until […]

Freshfields loses FTSE 100 client

Freshfields is losing a major client – aerospace giant LucasVarity – following its takeover by US-based autoparts and space group TRW. TRW completed its take-over of FTSE 100 company LucasVarity this month. Virtually all corporate legal work will now be US-based, although the operations side of the business is not affected, says LucasVarity’s general counsel […]

Partners on the move…

Halliwell Landau has announced four internal partner appointments. Charles Glaskie and Tim Jackson-Smith have become a partners in the corporate department. Liz Aboud is now a partner within the commercial property department, where she will be joined by new partner Paul Conroy. Hextall Erskine has appointed Jane Beacham, who has been at the firm since […]

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