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Linklaters, Fangda Partners and A&O Shearman have advised on the China Ministry of Finance’s issuance of EUR2 billion (USD2.18 billion) worth of sovereign bonds in Paris. This is Beijing’s first issuance of euro-denominated sovereign bonds since 2021. Linklaters acted as the...
China Business Law Awards (Regional Awards) 2024 Results Announcement on October 15th
Wintell & Co will set up its first overseas branch in Singapore in a move to develop its capital markets, compliance and criminal law practices. The new office will serve as a platform to deepen the firm’s ties with legal...
The passion of Arthur “Pancho” Villaraza, chairman and CEO of Villaraza & Angangco (V&A Law) who passed away on 14 September 2024 at the age of 74, was remembered by his peers as the key to his own success...
Skadden, Arps, Slate, Meagher & Flom has brought onboard Friven Yeoh as partner and head of its international litigation and arbitration group in Asia. Jeremy London, partner at Skadden, said: “Maintaining a strong Asia disputes practice — in addition to...
Six firms advised on Vedanta Resources Finance II’s issuance of USD900 million 10.875% guaranteed secured notes due 2029. Khaitan & Co represented Vedanta Resources Finance II, a subsidiary of Vedanta Resources, while Pittas & Koullouros advised on Cypriot law and...
The Ministry of Heavy Industries has notified the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, which has a INR109 billion (USD1.2 billion) budget. This scheme is a continuation of previous government plans to support the...
Fintech in philippines

Arbitration about-face?

After years of government narrative about making India an arbitration hub, the Ministry of Finance has seemingly reversed direction, asking government departments to lessen their reliance on arbitration. Freny Patel reports A storm is brewing in India’s legal landscape. New...
Jia Yuan Law Offices has expanded the Shanghai and Hong Kong team with the recruitment of Daisy Qi as senior partner and head of the investment funds department and Wang Tiantian as a partner. Qi is a New York and...

Fintech developments in the Philippines

By Roilan Rigil Kent A Alonzo, ACCRALAW
There are significant developments in fintech in the Philippines, with changes mainly in the areas of digital payment systems, digital banks, cryptocurrencies and central bank digital currencies. This sector is regulated by the Bangko Sentral ng Pilipinas (BSP). Digital payment...
right to repair framework

Consumers’ rights to repair support sustainability aims

By Ashima Obhan and Natasha Matange, Obhan & Associates
In July 2022, the Press Information Bureau (PIB) issued a press release announcing the establishment of a committee to develop a comprehensive framework on the right to repair (committee). This committee, established by the Ministry of Consumer Affairs (MCA),...
Judicial Intervention In Arbitrationvideo

Judicial intervention in arbitration finally settled. Again

By Sneha Jaisingh and Jaidhara Shah, Bharucha & Partners
The Supreme Court, in the recent case of SBI General Insurance Co Ltd v Krish Spinning again defined the limits of judicial intervention when courts appoint arbitrators under the Arbitration and Conciliation Act, 1996 (act). Disputes arose between SBI General...
Anti-Dilution Rights in Indiavideo

Enforcing anti-dilution rights brings unforeseen consequences

By Swathi Girimaji and Bhanusri Subramanian, Bharucha & Partners
The most popular way investors protect the value of their investments is by including anti-dilution rights in their investment agreements. Such rights prevent an investor’s shareholding from being diluted in a down round, that is when a company raises...
Lee & Ko has strengthened its dispute resolution practice with the addition of international arbitration veteran Park Eun Young as an attorney to lead the firm’s international disputes group. Park, whose legal career spans more than 30 years, left his...
Morgan Lewis adds partner Guo Bingna to its China office to bolster the firm’s international investigations practice. Formerly a partner at White & Case, Guo specialises in regulatory and investigations, compliance, white-collar crime and litigation. She will be based at...
Following an extensive nomination process, Asia Business Law Journal unveils the A-List of the Philippines’ top 100 lawyers plus 35 legal icons. Miran Lim and Emeli Zuño report VIEW THE TOP LAWYERS IN THE PHILIPPINES HERE The Philippine economy has...
US-based law firm Butler Snow has announced the closure of its sole office in Asia, located in Singapore. The firm told Asia Business Law Journal: “While we are closing our Singapore-based partnership and office space, our firm will continue to...
The Hong Kong International Arbitration Centre (HKIAC) has seen talent move, with Zhang Xi to lead its new Beijing office and Yang Ling, leaving her role as the HKIAC deputy secretary-general to head the International Legal Talents Training Office. Hong...
Rahmat Lim & Partners has recruited Desmond Liew Zhi Hong as a partner, strengthening the firm’s capability to deliver comprehensive legal services to its clients. Liew, formerly a tax partner at Halim Hong & Quek, brings extensive experience in advising...
Clayton Utz has strengthened its commercial litigation practice with the hiring of insurance disputes lawyer Sophy Woodward as a partner in Melbourne. Greg Williams, Clayton Utz national practice group leader and commercial litigation partner, said: “Sophy’s move to Clayton Utz...
The Securities and Exchange Board of India (SEBI) has approved the application of summary proceedings to some violations to increase the ease of doing business and enhance the authority’s ability to act efficiently. The change applies to the SEBI (Intermediaries)...
The Insolvency and Bankruptcy Board of India (IBBI) has amended the 2016 regulations on the corporate insolvency resolution process (CIRP) to allow for interim representation of the class of creditors. The interim representative will act until the authorities appoint...
The Ministry of Finance has raised the threshold to file an income tax appeal or a special leave petition before the Income Tax Appellate Tribunal, the High Court and Supreme Court of India. The original thresholds were notified in March...
Partners Wang Yingying and Tan Suyin will relocate to Fangda Partners’ first branch in Singapore, joining new partner Ivy Liu. The new office aims to assist clients with international operations as many of the firm’s long-serving clients use the Lion...
Kirkland & Ellis and Haiwen & Partners are assisting the Edding Group Company to go public in Hong Kong via a merger with Hong Kong-listed Genor Biopharma in the first backdoor listing on the HKEX involving a biotech enterprise...
The Japan In-house Counsel Network (JICN) enters a new chapter with the announcement of its new leadership. Angela Yuen, deputy general counsel (global legal, tech & innovation) at JERA, and California licensed lawyer Anthony Luna, general counsel at IBM Japan,...
Ocampo & Suralvo Law Offices (OS Law) has launched a specialised disputes practice through the onboarding of litigation and arbitration specialist Anthony Jacoba as a partner and head of its new dispute resolution and insolvency practice group in Manila. Jacoba,...
Role Associate, Capital Markets - 17173/VTA Location Beijing, China Job Description This is an exciting opportunity for a Capital Markets lawyer to join a top-tier ECM team in Beijing. You will work with leading partners on HK IPOs and regulatory matters related to Hong...
Flight Fight

Flight or fight?

A sluggish market and data regulation concerns are common culprits blamed for a spate of foreign law firms shutting up shop in China, but a few outliers have chosen to sail against the tide and expand their businesses. Maisy...
Atsumi & Sakai has recruited Christopher Marc Hodgens, a registered foreign lawyer for the state of New South Wales and Australian federal law, as a partner. The firm told Asia Business Law Journal: “Chris has extensive experience in advising and...
The chief justice of India, DY Chandrachud, has unveiled the foundation stone laid for the Rajiv K. Luthra academic wing at the National Law School of India University in Bengaluru on 22 September 2024. Prominent legal luminaries attended the event,...
Ropes & Gray and Nagashima Ohno & Tsunematsu have steered global private investment firm Bain Capital’s JPY140 billion (USD987 million) acquisition of Japan’s largest mobile phone sales agent T-Gaia. In a 30 September press release, T-Gaia, which is currently listed...
ESG update

ESG update

As awareness of environmental and social governance compliance grows in Asia, savvy enterprises are keeping abreast of evolving regulation CHINA PHILIPPINES TAIWAN China’s ESG rules approach maturity after 20 years China’s first policy on environmental, social and governance (ESG) performance reporting – the...
China’s-ESG-rules-approach-maturity-after-20-years

China’s ESG rules approach maturity after 20 years

By Dora Hu, Grandall Law Firm (Beijing)
Main post PHILIPPINES TAIWAN China’s first policy on environmental, social and governance (ESG) performance reporting – the Announcement on Corporate Environmental Information Disclosure – was issued by the State Environmental Protection Administration in 2003. It encouraged and supported enterprises to disclose environment-related information. Twenty...
ESG Laws Philippines

ESG laws in the Philippines

By Chrysilla Carissa P Bautista, Melissa Angela G Velarde and Juan Miguel C Dela Cruz, ACCRALAW
Main post CHINA TAIWAN Under the Philippine Development Plan (PDP) for 2023-2028, the National Economic and Development Authority aims to position the country as a prime destination for foreign investment in environmental, social and governance (ESG) investments and mitigating climate change. As such,...
Taiwan ESG

Taiwan shifts up an ESG gear in 2024

By Wei-Sung Hsiao and Chun-Wei Chen, Lee and Li, Attorneys-at-Law
Main post CHINA PHILIPPINES From newly enacted and amended environmental, social and governance (ESG) regulations, it is clear that Taiwan’s lawmakers have singled out carbon reduction and sustainability disclosure for priority over all other environmental, social and governance issues, and are determined...
LAW Partnership has welcomed Shaun Tan as a partner and Rachel Tan as an associate, expanding the firm’s dispute resolution practice group. Shaun Tan has experience in resolving construction disputes with more than nine years in the field. He is...
Singapore’s Covenant Chambers has recruited Edwin Sim as director, bolstering the firm’s capabilities in construction, engineering and property disputes. Lee Ee Yang, managing director at Covenant Chambers, told Asia Business Law Journal: “His extensive experience in these areas aligns perfectly...
Keeping up with TMT

Keeping up with TMT

With major advances in tech, regulators must grapple with the legal challenges that impact the technology, media and telecoms sector. Here we explore trends in three jurisdictions BANGLADESH INDIA PHILIPPINES Overview of TMT laws in Bangladesh The swift evolution of technology, media, and telecommunications...
Philippines telecom legal developments

Extending the net: Boosting internet access in Philippines

By Leland R Villadolid Jr, Chrysilla Carissa P Bautista and Enrique F Nitura, ACCRALAW
Main BANGLADESH INDIA In the undisputed text messaging capital of the world, cellphone users in the Philippines exchange SMS messages more frequently than any other people on earth; at the last count averaging 600 text messages each per month. Perhaps understandably, fast and...
India digital personal data protection

Focus on data privacy litigation in India

By Prashanth Shivadass, Shri Gayathri and Ananya K, Shivadass & Shivadass Law Chambers
Main BANGLADESH PHILIPPINES Litigation is often viewed as an arduous process – courts in India are generally frowned on for their backlogs and pendency, sometimes spanning decades. But it is through this litigation process that gaps between law and the evolving business...
Nishimura & Asahi has strengthened its real estate offering and boosted its lawyer bench in Vietnam with the addition of new partner Nguyen Ngoc Phuc in Ho Chi Minh City. Nguyen, a Vietnam-qualified lawyer specialising in real estate, M&A, corporate...
TMT law evolution Bangladesh

Overview of TMT laws in Bangladesh

By Asif Hasan, Tanjib Alam and Associates
Main INDIA PHILIPPINES The swift evolution of technology, media, and telecommunications (TMT) in Bangladesh has transformed the landscape of communication, information dissemination and business operations. With almost 180.2 million mobile subscribers and growing internet penetration, grasping the legal framework that governs these...
Fangda Partners and Latham & Watkins are advising on China electronics company TCL’s RMB10.8 billion (USD1.54 billion) acquisition of LG Display’s factory in Guangzhou.  Partner Ma Qiang leads Fangda’s team, representing the buyer TCL’s liquid crystal display (LCD) arm, TCL...
Japan Drone Regulations

Regulations controlling Japan drone-tech

By Toshiki Doi and Yui Mimura, Chuo Sogo LPC
Exciting new applications for drones are evolving almost daily in tech hungry Japan, but strict regulations control the airspace Drone flight regulations Drones weighing 100 grams or more in combined weight of the body and battery are defined as “unmanned aerial...
Workplace harmony is a key to success. Here we compare developments in laws governing workforce management in India and Japan INDIA JAPAN Navigating transformation of India’s labour, employment laws India’s employment landscape is undergoing significant transformation, driven by the burgeoning gig economy,...

Stringent termination restrictions protect Japan’s job security

By Yusaku Akasaki, Takeshi Osawa and Daigo Kawano, Chuo Sogo LPC
Main India   Japan’s employment system is uniquely distinguished from other countries by exceptional job security for employees, with a prominent feature of labour law including stringent restrictions on terminating employment. This article explains restrictions on ending employment contracts categorised under ordinary dismissal,...
India employment law

Navigating transformation of India’s labour, employment laws

By Rachit Bahl, Jatinder Singh Saluja and Shruti Agrawal, AZB & Partners
Main JAPAN India’s employment landscape is undergoing significant transformation, driven by the burgeoning gig economy, evolving workforce dynamics and recent landmark judicial pronouncements. As the country navigates these shifts, organisations are grappling with the complexities of adapting to a transforming legal...
Legaltech-take-off-cover

Legaltech take-off?

Legal technology companies in Asia face concerns at law firms and corporations about AI and other technology needs, but regulatory changes are among the factors triggering a shift in thinking, writes Brian Yap  The decision by Mori Hamada &...
Tokyo International Law Office has hired Earl Rivera-Dolera as a partner as the firm sees growing demand on international arbitrations. Koki Yamada, managing partner at Tokyo International, said: “As many important cross-border disputes in Asia are being resolved by international...
Stephenson Harwood has expanded its international energy transition practice with the addition of partners Nick Dingemans and John Zadkovich, along with associate Lena Ow. Daryll Ng, Singapore office managing partner at Stephenson Harwood, said: “Since identifying decarbonisation is a key...
Hunton Andrews Kurth has bolstered its energy and infrastructure services in Japan with the hiring of Kristian Bradshaw as a partner from White & Case, where he previously held the role as a local partner in Tokyo. Bradshaw, who is...
Fangda Partners made its first official announcement regarding its maiden overseas office in Singapore, revealing that partners Wang Yingying and Tan Suyin would join Ivy Liu in the Lion City. This news comes around two months after Liu announced that...
Hogan Lovells has hired two Hong Kong-based partners, Michael Wong and Maria Sit, from Dechert’s Hong Kong office, which is set to close at the end of the year. Wong has joined the corporate and finance practice with two associates....
Fangda Partners and Latham & Watkins are advising China’s electronics company TCL on its RMB10.8 billion (USD1.54 billion) acquisition of LG Display’s factory in Guangzhou. The deal is expected to close in the first quarter of 2025. Partner Ma Qiang...
Intergenerational Wealth Succession

Wealth management developments in China

By Hengka (Henry) Ji and Xin (Amber) Guan, Zhong Lun Law Firm
Recent legal amendments including stricter taxation measures point to a clear need for sound planning strategies to preserve wealth In recent years, China’s economy has transitioned from rapid growth to a focus on high-quality development, with sustained increases in national...
Paths Rapport

Paths to Rapport

Arbitration continues to be a pro-business method of dispute resolution but understanding what is on offer in key seats is crucial for success HONG KONG PHILIPPINES SINGAPORE Hong Kong shining as beacon of international arbitration Hong Kong has long stood as a beacon of...
Zhong Lun Law Firm adds senior counsel Sophie Chen to its Beijing office, and welcomes partner Li Wei and senior consultant Ren Ke to its Shenzhen office. Chen is a cross-border M&A specialist in the mining and natural resources sector,...
Watson Farley & Williams (WFW) has bolstered its corporate practice in Bangkok with the appointment of Sonya Kalnin as a partner, highlighting the firm’s ongoing commitment to growth in Asia’s energy and infrastructure sectors. Kalnin previously held positions at Linklaters,...
Nishimura & Asahi and Mori Hamada & Matsumoto are advising on Japan real estate industry giant Hulic’s JPY173.5 billion (USD1.2 billion) takeover bid for Tokyo-based real estate investment company Raysum via a tender offer. Hulic intends to make Tokyo Stock...
The Securities and Exchange Board of India (SEBI) has fined Jai Anmol Ambani INR10 million (USD119,153) for violation of his responsibilities as a board director. Jai Anmol Ambani, a non-executive director of Reliance Home Finance Limited, has been found...
Tilleke & Gibbins has hired partners Patcharaporn Pootranon and Saravut Krailadsiri in its Bangkok office, boosting the capital markets and tax practices. Pootranon, a former partner at Deloitte Legal, brings nearly two decades of expertise in capital markets, corporate law,...
Singapore-courts-adopt-robust-approach-to-validating-awards

Singapore courts adopt robust approach to validating awards

By Colin Seow And Violet Huang Qianwei, Colin Seow Chambers  and Nichol Yeo, Nine Yards Chambers
Main post PHILIPPINES HONG KONG Singapore’s  courts are at the forefront of developing robust arbitration-related jurisprudence, keeping in line with the principle of minimal curial intervention and parties’ intention to arbitrate, while balancing other considerations such as public policy and comity. The...
Philippine arbitration law

Dynamic arbitration advancements in the Philippines

By Jose Martin R Tensuan, Antonio Eduardo S Nachura, Jr And Maria Celia H Poblador, ACCRALAW
Main post SINGAPORE HONG KONG The Philippine Supreme Court’s recent decisions continue to uphold fundamental principles in arbitration, while at the same time shoring up the statutory jurisdiction and authority of the Construction Industry Arbitration Commission (CIAC) over construction disputes. These jurisprudential developments...
Hong Kong International Arbitration

Hong Kong shining as beacon of international arbitration

By Heidi Chui, Elizabeth Chan And Justin Kim, Stevenson Wong & Co.
Main post PHILIPPINES SINGAPORE Hong Kong has long stood as a beacon of international arbitration, and its role has only grown more significant in the past year. This city, known for its vibrant business environment, has once again proven its resilience and...
Indonesian firm Hiswara Bunjamin & Tandjung has brought onboard Harris Toengkagie as a disputes partner, enhancing the firm’s commercial litigation capabilities. Tjahjadi Bunjamin, managing partner at Hiswara Bunjamin, said: “With Indonesia’s status as an important investment destination, Harris’s experience in...
Director Accountabilityvideo

Raising the bar for directors

By Una Khng, HELMSMAN
If a company director is asked to sign off on an audit confirmation request for a customer to confirm that USD132 million is due to the company, what should the director do? Sign and move on? Based on the Singapore...
Foreign interest in Asia’s real estate markets is peaking, but clear knowledge of regulation is needed to avoid pitfalls in different jurisdictions INDIA JAPAN PHILIPPINES Regulatory framework for FI, financing in Indian property Current Indian foreign direct investment (FDI) regulations allow investment of...
Japanese Real Estate Market for Foreign Investors

Spotlighting the potential of Japanese real estate

By Hiroshi Niinomi, Koki Hara and Naoto Yamamoto, Nishimura & Asahi
Main INDIA PHILIPPINES (1) Inbound investment Foreign investors have long played a key role in the Japanese real estate market. To sustain growth of the national economy as Japan’s population continues to decline, it is becoming increasingly important to continue developing a...
Foreign Investment Real Estate India

Regulatory framework for FI, financing in Indian property

By Hardeep Sachdeva, Ravi Bhasin, Abhishek Awasthi and Priyamvada Shenoy, AZB & Partners
Main JAPAN PHILIPPINES   Current Indian foreign direct investment (FDI) regulations allow investment of up to 100% in the construction sector under the automatic route, with certain conditions. Construction projects include the development of townships, residential/commercial premises, roads or bridges, hotels and resorts,...
Philippine Real Estate Legal Framework and Investment

Navigating the Philippine real estate legal landscape

By Nilo T Divina, Ciselie Marie T Gamo-Sisayan and Danica Mae M Godornes, DivinaLaw
Main INDIA JAPAN The Philippine real estate sector operates within a complex legal framework that balances national interests with investment opportunities. The legal framework is shaped by constitutional restrictions on land ownership that protect national sovereignty but is driven by a policy...
RDS Partnership has recruited Raphael Tay as a partner, bolstering the firm’s capabilities in M&A, corporate transactions and cross-border joint ventures. Tay  brings nearly 40 years of legal experience to the firm, having earned recognition as one of Asia’s leading...
Philippines' Public-Private Partnership Code

New law invites foreign interest in Philippine PPPs

By Emma Rose R Tomaneng, ACCRALAW
Under its Build Better More programme, the Philippine government aims to establish infrastructure critical to the country’s development. The significant and indispensable role of the private sector in delivering high-quality infrastructure and basic services to the public has long...
Skadden, Arps, Slate, Meagher & Flom and King & Spalding have advised on Macquarie Asset Management’s (MAM) USD1.72 billion investment agreement with DE Shaw Renewable Investments (DESRI). The deal, structured through various MAM-managed funds, sees Macquarie acquiring a significant minority...
The Ministry of Finance has released the Direct Tax Vivad se Vishwas Rules, 2024, which will come into effect on 1 October 2024. The tax resolution scheme was mentioned in the 2024-2025 union budget and detailed in the Finance...
Jingtian & Gongcheng has signed up Qin Zhen and Fang Jianyan as partners to enhance its dispute resolution, private equity and venture capital practices in Shanghai. Qin, previously a senior partner at AllBright Law Offices, brings 20 years of experience...

CBLJ Forum 2024 • Shanghai

The “2024 Shanghai CBLJ Forum” is set to take place on 1 November at the Grand Hyatt Shanghai, hosted by the renowned international legal media, China Business Law Journal. The forum is positioned to serve as a pivotal platform...
Indonesia Law Firm Awards 2024

Indonesia Law Firm Awards 2024

Asia Business Law Journal names the country’s top law firms. Miran Lim and Brian Yap report. I ndonesia, Southeast Asia’s largest economy, will see a new leader sworn in this year, amid expectations by the World Bank that it will...

New Company Law’s impact on joint-stock company transition

By Zhang Ying and Liang Jing, Grandway Law Offices
The new Company Law revised provisions related to the establishment and organisational structure of joint-stock companies when it came into effect on 1 July 2024. For most companies, transitioning from a limited liability company to a joint-stock company is...
Biosecure Act Impact

Confronting biopharma sanctions from US Biosecure Act

By Zhang He, Tiantai Law Firm
In the context of global economic recovery, the pharmaceutical industry is undergoing unprecedented change. With strong national policy support, rapid technological advancement, expanding market demand and an expansive globalisation strategy, China’s pharmaceutical industry is on an upward trajectory. As the...
Patent law

Advancements in patent law

Regulatory efforts are being made in China, India and Japan to refine oversight on duration, territorial reach and enforcement CHINA INDIA JAPAN China trends for SEP licence fees, comparable court methods There is no doubt that we are living in an era of electronic...
Ragini Shah, managing partner at AMD Law Group-India has inked a strategic alliance with San Fransisco-based international peer Rimon Law to improve services for cross-border clients, especially in the Indo-US corridor. “The goal is to expand the firm’s presence through...
Luthra and Luthra Law Offices has assisted Gorbea Solar on securing INR12.34 billion (USD147 million) in financing from Bank of America, MUFG Bank, the Hongkong and Shanghai Banking Corporation (HSBC), and Crédit Agricole Corporate and Investment Bank, India. The financing...
London-based DAC Beachcroft (DACB) has opened an office in Hong Kong, marking the UK firm’s second outfit in Asia after establishing its Singapore branch in 2011. Partners Ross Risby and Wai Yue Loh launched the new Hong Kong office, which...
China trends for SEP licence fees, comparable court methods

China trends for SEP licence fees, comparable court methods

By Xiao Jin, CPIT Patent and Trademark Law Office
Main post INDIA JAPAN There is no doubt that we are living in an era of electronic audio and video. Cell phones, headphones, stereos, microphones, TVs, and other audio and video devices surround us all the time. To realise the interoperability of different...
Positioning-India-in-the-global-patent-ecosystem-L

Positioning India in the global patent ecosystem

By Manisha Singh and Joginder Singh, LexOrbis
Main post CHINA JAPAN India’s intellectual property (IP) landscape is undergoing a remarkable transformation, reflecting the nation’s growing stature on the global innovation stage. With a robust legal framework and recent amendments, India is positioning itself as a key player in the...
Expanded territorial reach of Japanese patents-L

Expanded territorial reach of Japanese patents

By Kazuki Kameyama and Hirofumi Tada, Ohno & Partners
Main post CHINA INDIA Under recent case law developments in Japan, Japanese patents may cover internet-related activities outside Japan depending on circumstances. On 26 May 2023, the Intellectual Property High Court granted a notable en banc decision (Dwango Co Ltd v FC2 Inc...
Jia Yuan Law Offices, Zhong Lun Law Firm and Commerce & Finance Law Offices are acting for parties on Qingdao Port International’s acquisition of stakes in four subsidiaries under Rizhao Port Company and Yantai Port Group for RMB9.44 billion...
video

How to claim compensation for securities misrepresentation

By Zhou Wenping, Hengtai Law Offices
In the volatile securities market, misrepresentation is like a ticking time bomb that threatens investors’ financial security and undermines market integrity. This article analyses possible ways to claim compensation in disputes of securities misrepresentation, offering guidance for investors while...
Global law firm Freshfields Bruckhaus Deringer has refreshed its brand with a shortened legal name, Freshfields, and a new wordmark, which will officially be launched in October. Georgia Dawson, senior partner at Freshfields, said: “Our refreshed brand is dynamic and...
Private Equity Repurchase Rights

Navigating the minefield of investor repurchase rights

By Zhu Qimin and Yin Shi, Han Kun Law Offices
Cyclical adjustments in the capital market have made it harder for investors to exit target companies, sparking a surge in repurchase disputes in recent years. Amid this ongoing controversy, the repurchase rights of investors in private equity investment remain...
Technological Achievements Transformationvideo

Legal safeguards for transforming scientific, tech achievements

By Angela Liu, Hengtai Law Offices
In recent years, China has placed significant emphasis on the transformation of scientific and technological achievements, the term for transforming practical research of higher education institutions and research institutes (transformation institutions) into innovative enterprises for commercialisation and industrialisation. This process...
The Shanghai High People’s Court recently published a case in which an employer was found to have committed infringement in using a former employee’s information. The case has set off alarm bells for employers, as using employee information beyond...
Hong Kong’s Court of Final Appeal has, in a recent judgment, considered the applicable test for determining whether a Quistclose trust exists, highlighting the importance of paying attention to the expression or otherwise of any intention regarding the use...
In a move aimed at bolstering investment in infrastructure, the National Development and Reform Commission (NDRC) published a notice regarding the country’s real estate investment trusts (REITs) regime on 26 July 2024, focusing on widening eligible asset classes and...
Davis Polk & Wardwell, Simpson Thacher & Bartlett, Anderson Mori & Tomotsune and Nagashima Ohno & Tsunematsu are leading on Tokyo Metro’s plan to go public in a JPY319.6 billion (USD2.24 billion) IPO. Tokyo Metro, which is scheduled to list...
AIPPI Congress China IP

Eyes on Hangzhou

The first International Association for the Protection of Intellectual Property (AIPPI) World Congress hosted by China kicks off in the picturesque city of Hangzhou in October. Long Chuanhong, president of the Chinese Group of AIPPI, sits down with China...
Rohan Ghosh Roy is joining Cyril Amarchand Mangaldas as an equity partner in its corporate practice and will be based in the Mumbai office. Earlier he was an equity partner at Trilegal. “What drew me to CAM was a chance...
Employee Director System

Challenge: Appointing employee director under new Company Law

By Georgu Lu and Tara Tang, Lanbai Law Firm
The new Company Law introduces groundbreaking provisions for the employee director system. Most notably, a requirement to include employee directors on the board of directors was previously limited to wholly state-owned and fully state-funded limited liability companies, but now...
video

Understanding the valuation adjustment mechanism

By Liang Qiang and Gong Youchao, Zhong Ce Law Firm
The valuation adjustment mechanism (VAM) refers to an agreement designed to address uncertainties, information asymmetry and agency costs between investors and investees in equity financing deals. It includes provisions for equity buyback and monetary compensation to adjust the future...
Restructuring and insolvency expert Mark Fairbairn will join Linklaters’ Hong Kong office later this year as a senior consultant. He is currently self-employed through Fairbairn & Co. Previously, Fairbairn was a partner and head of the Asian restructuring practice at...
The Securities and Exchange Board of India (SEBI) has notified an amendment to the SEBI (Foreign Venture Capital Investors) Regulations, 2000. Under the amendment, every foreign venture capital investor (FVCI) is required to obtain a certificate from a designated...
Dentons Lee has strengthened its bench in the human resources and labour practice group with the hiring of senior attorney Eunjee Kim from Bae, Kim & Lee. Kim, who left her role as a partner in Bae Kim & Lee’s...
Tahota Law Firm has opened its first branch in northeast China in Harbin to enhance its regional influence and extend its reach to Russia and northeast Asia. Partner Zhang Chunguang will head the new branch, which has 40 professionals. It...
The Ministry of Corporate Affairs (MCA) has released a series of notifications on the deal value threshold test for combinations in the market. The new rules state that any combination transaction that exceeds INR20 billion (USD267 million) requires prior...
Flexible System Theory In Financial Adjudication

Constructing flexible system theory for contract validity

By Shi Jiangheng and Zhou Yu, Ronly & Tenwen Partners
China’s National Courts Financial Trial Work Conference has affirmed a collaborative approach to financial governance, setting a trend towards judicial regulation in financial adjudication. In the Minutes of the National Courts Civil and Commercial Trial Work Conference, it is also...

Partner 合伙人

Role Partner 合伙人 Location Xicheng District, Beijing, China 中国北京西城区 Job Description Dacheng Xicheng Office is our second location in Beijing, marking the firm’s first dual-office presence within a single city. Operating under a fully integrated management system with the headquarters of Dacheng in Chaoyang...
Skadden, Jia Yuan Law Offices, Freshfields Bruckhaus Deringer and King & Wood Mallesons have acted on Midea Group’s HKD31 billion (USD3.98 billion) listing, Hong Kong’s biggest IPO in the past three years. The offering was priced at HKD54.8 apiece, reaching...
Trilegal and S&R Associates have advised on PN Gadgil Jewellers’ INR11 billion (USD132.8 million) IPO, with the stock debuting on 17 September on the National Stock Exchange. Partner Abhinav Maker led the Trilegal capital markets team advising PN Gadgil, along...
Gunjan Chhabra, who brings 12 years of experience to the table and previously a partner at Adwitya Legal, has joined MRP Advisory as a partner in the India disputes practice. Chhabra has significant expertise in construction disputes and arbitration matters,...
Patent Infringement Case and Interim Injunction

Paper patents no better than paper tigers

By Manisha Singh and Avi Garg, LexOrbis
The Calcutta High Court in West Bengal Chemical Industries Limited v GTZ (India) Private Limited and Ors recently dealt with an application by WBCIL for an interim injunction to prevent infringement of its patents IN370845 and IN434424. WBCIL held patent...
AI Copyright Ownership Debate

AI’s right to copy

As debate swirls around ownership of AI-generated content, what are the lessons for India on anchoring AI in copyright law? Katherine Abraham reports When Donald Trump’s former lawyer, Michael Cohen, was found guilty of submitting citations of non-existent cases, or...
Shardul Amarchand Mangaldas & Co (SAM) and JSA have advised on Fraport AG Frankfurt Airport Services Worldwide’s proposed sale of its 10% shareholding in Delhi International Airport (DIA) to GMR Airports Infrastructure for INR10.58 billion (USD126 million). Partners Shivpriya Nanda...
Luthra and Luthra Law Offices has assisted seven subsidiaries of Azure Power India on securing loan facilities totalling INR24 billion (USD29 million) from Rural Electrification Corporation (REC). These funds were allocated for refinancing renewable power projects in Azure Power’s portfolio,...
Lawrence Carter has returned to DLA Piper as co-head of the Japan employment practice, marking his second stint at the firm after departing in 2022 to return to the US. Carter told Asia Business Law Journal: “ DLA Piper Tokyo...
Cyril Amarchand Mangaldas (CAM), Khaitan & Co and Linklaters have assisted on Bajaj Housing Finance’s INR65.6 billion (USD786 million) IPO on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). “The Bajaj Housing Finance IPO was...
Ajay Kumar has joined Triumvir Law as partner, expanding the firm’s services in arbitration, litigation and dispute resolution. “The firm’s commitment to providing personalised attention to every client matter and focusing on clear, cost-effective practical solutions were key factors in...
Rosli Dahlan Saravana Partnership (RDS) co-founding partner Ong Eu Jin has teamed up with RDS colleagues Lily Lee Zai-Lii and Diane Ngu to establish the Ong Eu Jin Partnership. Ong told Asia Business Law Journal: “Setting up our own firm...
RHTLaw Asia has recruited Esther Wee as a partner (foreign lawyer), expanding the Singapore firm’s corporate and IP practices. Wee, who brings more than a decade of experience, previously worked at Harry Elias Partnership as a partner and head of...
Skadden, Jia Yuan Law Offices, Shihui Partners, Freshfields Bruckhaus Deringer and King & Wood Mallesons have advised on China home appliance giant Midea Group’s more than HKD31 billion (USD3.98 billion) IPO, which is the largest debut on the Hong...

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