Promotions down at Dechert and Reed Smith

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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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Dentons pinpoints Iraq for energy push

Denton Wilde Sapte is setting its sights on an Iraq launch as it seeks to expand its Middle East footprint. Chief executive Howard Morris said Iraq’s vast oil reserves were in line with his ;firm’s ;energy ;and ­infrastructure focus and that the firm would only go ahead with a launch if there was “existing unstimulated […]

BLP signs alliance with leading Russian lawyers

Berwin Leighton Paisner (BLP) is set to create an alliance with part of Moscow-based Pepeliaev Goltsblat & Partners (PGP). PGP is set to split due to the firm’s name partners taking different views on the tie-up with BLP, according to Russian media. A BLP spokesman confirmed that the firm is in the advanced stages of […]

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Opinion: Post-Mumbai, India’s outsourcing bubble could burst

The terrorist attacks in Mumbai have cast a dark shadow over India’s status as the world’s largest offshore outsourcing ­location. Many of the world’s leading ­offshore outsourcing suppliers have their headquarters in Mumbai and many ­Western banks are located within the city. A spate of terror attacks in India over the past 10 years, culminating […]

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MoFo promotes 10 to partnership

Morrison & Foerster has added 10 to its partnership in its latest round of promotions. The US firm more than halved the number made up year-on-year, having promoted 27 in 2007. Of the promotions, the London office has received one this time round. The firm’s US offices received the highest number of new partners with […]

In-house review of the year 2008: In good company

When it comes to keeping a lid on fees, in-house legal chiefs have been looking to drive a hard bargain during 2008. The past 12 months have been something of a rollercoaster for in-house lawyers. Those embedded in corporations and regulatory bodies may operate in ­varied industries, each with their own culture, but as 2008 […]

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