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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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Lawrence case defence lawyer brands inquiry a show trial

One of the lawyers for a prime suspect in the murder of black teenager Stephen Lawrence has lambasted Sir William Macpherson’s judicial inquiry into his death, claiming it was a show trial. In an exclusive interview with The Lawyer, Michael Holmes, the solicitor representing Gary Dobson – one of the five accused of killing Lawrence […]

Dibbs' London insurance head quits for Elbornes

The head of Dibb Lupton Alsop’s London insurance office has left the firm. Alan Fisher, who has been with Dibbs for three years and was formerly with Davies Arnold Cooper, will join City firm Elborne Mitchell as a partner. Andrew Pincott, senior partner at Elborne Mitchell, says the firm is welcoming Fisher for his specialist […]

Troubled OSS to face massive shake-up, leaked letter reveals

THE LEGAL Services Ombudsman, Ann Abraham, is threatening to overhaul the Office for the Supervision of Solicitors (OSS), according to a letter leaked to The Lawyer. The withering attack on the OSS was sent to the Secretary of State for Culture, Media and Sport, Chris Smith MP. Smith’s constituent John Collins last week issued a […]

Nabarros made regional agency sole adviser

NABARRO Nathanson has boosted its public sector profile by successfully securing the appointment as sole legal adviser to the South East Regional Development Agency (RDA). It is understood that Eversheds, which had previously acted for many RDAs including the South East, put in a tender for the appointment, but lost out to Nabarros. Eversheds’ commercial […]

Crime practices in eleventh-hour franchise race

TWO OF the highest-profile firms dealing in white collar crime are racing to put in applications for legal aid franchises. Without the franchises, law firms will not be allowed to bid for legal aid work under exclusive contracting to be introduced in 2000. The London offices of Burton Copeland and Kingsley Napley have yet to […]

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