Wronged on rights

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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

In brief: Desperately seeking former solicitor

The High Court in London has granted unprecedented leave to serve a notice of bankruptcy petition against an untraceable former solicitor, by advertisement in the legal press. The action brought against William Relton, former head of William Relton & Co, relates to unpaid fees to legal recruitment consultancy Charles Fellowes Partnership. The notice has been […]

Financing

Allen & Overy acted for ABN Amro, Bank of America and UBS in arranging a £1.25bn syndicated loan for Entergy Power UK to fund its acquisition of London Electricity. Entergy was advised on the loan by Clifford Chance.

Senior partners found guilty

TWO SENIOR partners at the collapsed Liverpool firm Deacon Goldrein Green have been found guilty of using client funds for their own purposes and withholding information from the Legal Aid Board. A solicitors’ disciplinary tribunal last week found Andrew MacFarlane and Alan Sprince guilty of conduct unbefitting to a solicitor after hearing how the firm […]

College go-ahead breathes new life into education PFI

Lawyers are hoping the education private finance initiative (PFI) blockage will be freed up with the first signing of a further education project this month. Robert Pirrie, head of the PFI unit at Scottish firm Maclay Murray & Spens, believes the deal he helped structure for Falkirk College will act as a blueprint for other […]

Property

In-house lawyer Suzanne Chase represented building materials retailer Wickes in its sale and lease back of two stores to Guardian Nominees, advised by Slaughter and May. Guernsey firm Wedlake Bell McKean acted for Henderson Real Estate Strategy, which sold the freehold of one of the stores to Wickes before Wickes sold it on.

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