IP boutique Wallenstein & Wagner disintegrates

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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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Firms unite for competition pro bono effort

Twenty-one law firms have clubbed together to launch a pro bono scheme offering free advice on competition law issues. The scheme, which has been developed with the assistance of LawWorks (formerly the Solicitors’ Pro Bono Group), was unveiled today (9 October) and can be accessed via the Office of Fair Trading’s website. Stakeholders in the […]

CC Indian offshoring to save £10m in £30m costs war

Clifford Chance is set to save £10m with its plan to transfer 300 jobs to Delhi next year. As first revealed last week on www.thelawyer.com (2 October), the magic circle firm is about to launch a shared-service centre in Delhi, which will comprise part of the global finance and IT support function. Accordingly, the accounting […]

Media partners launch start-up

Bird & Bird and DLA Piper have been dealt a blow after partners Hubert Best and Martin Soames recently left their respective firms to set up a media boutique. The new firm, which officially opened last Monday (2 October) in Clerkenwell, is called Best & Soames and will focus on media law and clients. Soames […]

US class action firm enters German alliance

US securities class actions firm Schiffrin & Barroway has linked-up with German firm Winheller Attorneys at Law, in a bid to protect European investments in US securities. Schiffrin & Barroway has entered into a formal alliance with Frankfurt-based firm Winheller to support the increasing number of European institutional investors bringing securities or derivatives class action […]

Osborne Clarke raids Clarke Willmott again

Osborne Clarke has raided Clarke Willmott for its fourth property partner in a week, bagging head of strategic land development Elizabeth Sturgess. Sturgess joins the rival Bristol-based firm just three months after moving across from an in-house role as head of the legal team at developer Westbury Homes. She follows the defection last week of […]

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