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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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Litigation Recent Decisions 26/5/98

Confidential knowledge when insuring third party (1) Gerling-Konzern General Insurance Co (2) Deutscher Lloyd Versicherungen v (1) Polygram Holdings Inc (2) Metropolitan Entertainment Inc: (1) Copenhagen Reinsurance Co UK Ltd (2) Chiyoda Fire & Marine Insurance (Europe) Ltd (3) Colonia Versicherung v (1) Polygram Holdings Inc (2) Metropolitan Entertainment Inc (1998) QBD Commercial Court (Tuckey […]

Hot property

Irish law firms are a hotbed of activity with most sectors showing growth from M&A work to property development “The whole area of corporate and commercial law is quite electric at the moment. Apart from the high-profile deals, there is a constant flow of other work – joint ventures, inward investment and huge developments in […]

Euro filibuster

Luxembourg has delayed the implementation of the European Rights of Establishment Directive, adopted by the Council of Ministers in December and due to come into force in the year 2000, by filing an action to the European Court of Justice (ECJ) in an attempt to annul the directive. Patrick Oliver, spokesperson at the joint office […]

CFA Insurer loses underwriter

Litigation Protection, one of the few companies which sell insurance for conditional fee arrangements, is losing its contract with its sole underwriter, Isle of Man Assurance. The move follows the departure of two of the three staff at the company, run and majority-owned by Brian Raincock. Three out of the five staff at sister conveyancing […]

Will Mears stand yet again?

Former Law Society president Martin Mears is understood to be considering standing once again for the presidency in this summer’s elections. If Mears does stand it will be his fourth successive contest following victory in 1995 and defeats by Tony Girling and Phillip Sycamore in the last two years. However, there is speculation that Mears […]

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