Weightmans captures RAC lawyer

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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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Baier Lambert rebrands following split with Eversheds

Eversheds’ former Austrian associated firm Baier Lambert has rebranded as Baier Bohm following the loss of its name partner following its split with the UK firm. The name change is in response the Vienna-based firm’s withdrawal from its membership in the Eversheds’ association in April, and the resulting departure of three of the firm’s partners, […]

Linklaters-KPMG share £5m for two-month job

Linklaters and KPMG are to split a pot of £5m for a two month investigation into the accounts of building company Interserve. In August. Interserve launched an investigation and suspended six senior managers from its industrial services division, which has clients including Heathrow Airport and BP, after finding a £25.9m hole in the accounts. Linklaters […]

Dundas & Wilson brings in barrister

Scottish firm Dundas & Wilson has hired barrister Hamish Lal from 4 New Square. Scottish firm Dundas & Wilson has hired barrister Hamish Lal from 4 New Square. Lal joins as a partner in the construction and engineering department, which is based in London, and brings the number of lawyers to 33 in the group. […]

DLA wins Inzamam ball tampering case

DLA Piper has successful defended Pakistan cricket captain Inzamam-ul-Haq against ball tampering charges. Inzamam was found not guilty of ball tampering, but guilty of bringing the game of cricket into disrepute following the Pakistan team’s sit-in protest during the Fourth Test against England at The Brit Oval last month. DLA Piper sports specialist Mark Gay, […]

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 […]

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