UK mediators help clear Indian backlog

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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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North West lawyers set up admin law forum

Barristers and solicitors in North West have joined forces to launch the Northern Administrative Law Association ahead of the proposed regionalisation of the Administrative Court. Barristers and solicitors in Liverpool and Manchester have joined forces to launch the Northern Administrative Law Association (NALA) ahead of the proposed regionalisation of the Administrative Court. The association, which […]

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Ashurst mid-year turnover up 7.5 per cent

Ashurst mid-year turnover up 7.5 per cent” />Ashurst has increased its turnover by 7.5 per cent this half-year compared to the same time last year. Ashurst’s revenue for the half-year is around £158m, which compares well to last half-year’s £147m but falls short of the stellar 25 per cent growth it had registered in the […]

Dickinson Dees to sell D3 Legal to Optima

Newcastle firm Dickinson Dees is set to sell its volume arm D3 Legal to the UK’s largest volume firm Optima Legal. The volume arm, which generated £6.6m in fees last year, is not seen as a core business for Dickinson Dees after being hit hard by the credit crunch. Having first suffered the demise of […]

Clarity Legal braced for launch of law firm restructuring offshoot

Consultancy Clarity Legal has today launched a subsidiary focused on giving advice to law firms that are restructuring their business. Consultancy Clarity Legal has today (3 November) launched a subsidiary focused on giving advice to law firms that are restructuring their business. GTA & Co will give advice to firms that contact it directly, but […]

Teach First: Different class

Some recruiters may still question the relevance of teaching skills for the legal profession, but the success of the Teach First scheme is leading many to think again. It seemed an odd place to start a career in law. Student Steve Costello was standing in front of a roomful of students at a tough inner-city […]

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