ABP makes first post-takeover legal hire

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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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A&O votes to extend Morley’s term as managing partner

Allen & Overy (A&O) partners have voted to extend managing partner David Morley’s tenure by another year to 2008. Morley’s term of office began in December 2002 after his predecessor John Rink resigned early. Morley’s term will now run in parallel with the senior partner, a role currently occupied by Guy Beringer. Elections for the […]

Former Shearman finance head joins Taylor Wessing

Former Shearman & Sterling securitisation specialist Marke Raines hasresurfaced at the London office of Taylor Wessing. Raines left Shearman in March 2005. He said he had had “a career break” ofjust over a year before deciding to return to the law. The move follows the hire last month of Graham Wedlake, a former BarlowLyde & […]

White & Case raids CC for German M&A team

White & Case has boosted its Berlin corporate team with a three-lawyer raid on Clifford Chance’s Dusseldorf office. The former head of Clifford Chance’s Berlin office, which was closed in November 2004, and corporate M&A partner Jorg Kraffel will move to White & Case at the end of this year after 16 years as an […]

Merger spurs Reed Smith’s change at top

Reed Smith’s change at top” />Reed Smith is in the process of overhauling its practice group management structure as part of its merger with Richards Butler. Richards Butler partners will dominate UK management at the combined firm when the new structure goes live on 1 January 2007. Reed Smith UK managing partner Tim Foster told […]

CMS Hasche Sigle forges ahead with Russian growth

German firms are also looking for ways to expand their client bases. After taking the entire Moscow team of Haarmann Hemmelrath, Germany’s CMS Hasche Sigle will have the largest Russian office of any German law firm. The move was agreed between Hasche Sigle, which is the German alliance firm of CMS Cameron McKenna, and the […]

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