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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

Firm assessments

Law firms think they know what trainees want, but few are pushing the right buttons when it comes to graduate recruitment. Vivienne Wilson finds out what law students really really want from their prospective employers. Vivienne Wilson is senior reporter at Lex magazine. Legal graduate recruitment is becoming more competitive. Brochures are getting glossier, advertising […]

Case of the week

Manchester United manager Alex Ferguson (pictured) was cleared of a driving offence at Bury Magistrates Court after offering the lamest excuse ever – he needed the toilet. Sir Alex told the court: “I had to go somewhere quickly.” Sir Alex, represented by Manchester-based sole practitioner Nicholas Freeman, justified driving his BMW up the hard shoulder […]

Gaymer calls on firms to deal with discrimination in-house

leading employment lawyer Janet Gaymer has called on law firms to use arbitration to settle in-house sexual harassment and discrimination claims. Gaymer, head of employment at Simmons & Simmons, says law firms should deal with disputes as soon as possible instead of letting situations get out of hand. Her comments implicitly criticise the way Cameron […]

Taking control of the world's biggest firm

Christine Lagarde is taking over one of the biggest jobs in the profession at an interesting time. She is taking control of Baker & McKenzie at a time when its position as global number one is set to face its biggest ever challenge from the merged superfirms. Having a network of offices is one thing […]

Satanic killing case heads for Law Lords

Roger Pearson reports on defendants’ rights to a claim of diminished responsibility once they have been ruled unfit to plead. The right of defendants in criminal proceedings to mount a defence of diminished responsibility after it has already been held that they are unfit to plead is to be probed by the House of Lords. […]

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