Working out of law: Clive Anderson

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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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Property

Eversheds’ Manchester office is acting for JJB Sports and Wigan Athletic on the construction of a new £24m, 25,000-seater stadium at Robin Park, Wigan, which will used by Wigan Athletic FC and Orrell Rugby Union.

Corporate legal departments opt for the intranet approach

Computer-aided: Camerons’ merger with McKennas might have been delayed if their IT systems had been incompatible The intranet concept – in which Internet-style technology is used in a private, company-wide network – is to be used for the first time by a corporate legal department, says US company Corprasoft. Chief Legal Officer, the database management […]

Litigation Disciplinary Tribunals 20/05/97

Fatima Thobani, 41, admitted 1982, practising at material times as Fatima Thobani & Co, London NW6, fined £2,000. Allegations substantiated that she wrongly drew client money and used it for her own purposes, failed to pay funds received from clients in respect of undisbursed liabilities into a client account. Tribunal accepted Thobani’s submissions that breaches […]

Litigation Recent Decisions 20/05/97

Whether stockbroker’s legal fees are tax-deductible David McKnight (HMIT) v Brian Stephen Sheppard: Brian Stephen Sheppard v David McKnight (HMIT) (1996) CA (Nourse LJ, Potter LJ and Mummery LJ) 7/5/97 Summary: Fines and legal expenses incurred by a member of the Stock Exchange in defending disciplinary proceedings threatening his business held on appeal to be […]

Takeover work beckons in Germany

Frankfurt-based Link laters & Schon is taking on two more assistants and plans to recruit three more by the end of the year in the wake of its involvement in Germany’s first high-profile hostile takeover bid. The firm, which now has four partners and eight assistants, recently helped steel company Thyssen deal with a hostile […]

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