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Skadden, Clifford Chance, Norton Rose Fulbright and Kirkland & Ellis have advised on L’Occitane chairman Reinold Geiger’s privatisation of the skincare brand in a move that will end its 14-year run on the HKEX. The deal values L’Occitane at EUR6...
Employer failure to pay on time and in full

Identifying and defining employer failure to pay on time and in full

By Shaw Zhao and Mia Wang, Jingtian & Gongcheng
It is quite common in practice for employees to request termination of their labour relationship and seek economic compensation on the grounds that employers “fail to pay labour remuneration in time and in full”, citing article 38.1(2) of the...
Following the closure of its Shanghai office, Perkins Coie told Law.asia that it will be closing its Beijing office, shifting its energy towards Shenzhen.  “With a strategic focus on the major technology hub of Shenzhen, we are aligning our presence...
Baker McKenzie & KL Partners Joint Venture Law Firm (Baker McKenzie KLP JV) has established a tax practice in Seoul, with the addition of tax experts John Jangwoon Kwak as a partner and Doug Duk Won Suh as a...
Courts' co-ordination of proceedingsvideo

Co-ordination of criminal and civil proceedings

By Xin Yanfang, Anli Partners
Intersecting criminal and civil liabilities are common in civil and commercial cases. Based on a case study, this article outlines the procedural co-ordination in the courts’ handling of such cases. Case study Company A, unaware of individual B’s actual control of...
Asymmetric Arbitration Agreements

Validity of asymmetric arbitration agreements

By Zhong-Zhifen, ETR Law Firm
In China, according to article 7 of the Interpretation of the Supreme People’s Court on Several Issues Concerning the Application of the Arbitration Law of the People’s Republic of China, clauses on either arbitration or litigation are generally deemed...

Merging SOEs under the new Company Law (part 1)

By Zhang Dandan, DOCVIT Law Firm
Under article 218 of the new Company Law, a merger by absorption is a legal form of company merger where two or more companies merge into one, with the remaining relevant companies dissolved. This article explores legal pathways for...
Lexicon

Who’s hu

UNLIKE OTHER COUNTRIES, sole traders in China have traditionally been defined in law in terms of “households” or hu . This column outlines the emergence of households as vehicles for individual businesses in China, identifies and compares the two...
Advait Luthra, a partner at Luthra and Luthra and the nephew of late founder of the firm Rajiv Luthra, died on 14 September 2024. He would have turned 31 on 29 October this year. This untimely death has shocked the...
Joint Venture Equity in Indonesia

Designing joint venture equity structures in Indonesia

By Gloria Hu, Zhilin Law Firm
In recent years, Indonesia has become a hotspot for Chinese outbound investment. Article 5 of Indonesia’s Investment Law stipulates that foreign investment must be in the form of a limited liability company. Under Indonesia’s Company Law, a minimum of...
Navigating OFAC Sanctions for Chinese Companiesvideo

How Chinese companies can navigate OFAC sanctions

By Zhou Le and Wang Yidan, Blossom & Credit Law Firm
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) enforces economic and trade restrictions, known as OFAC sanctions, to achieve foreign policy and national security goals. These sanctions support US policy objectives by restricting transactions with...
A partial award is a special form of commercial arbitration award rendered by the arbitral tribunal for certain disputed issues before a final award. Based on a foreign-related arbitration case administered by the Shanghai International Economic and Trade Arbitration Commission/Shanghai...
Loeb & Loeb will take over Perkins Coie’s intellectual property (IP) agency in China, while 17 people will join its Beijing office. After Perkins Coie confirmed it will be closing its Beijing office, the branch’s managing partner Scott Palmer and...
Managing partner David Bulley has an ambitious plan for Appleby’s Asia development as he considers opening a second mainland office in 2025 as he prepares for his relocation to Shanghai after a four-year stint in Hong Kong. “The Greater Bay...
Kirkland & Ellis, Baker McKenzie and Debevoise & Plimpton have acted on the sale of Orora Packaging Solutions (OPS) to Veritiv Corporation for AUD1.775 billion (USD1.2 billion). This divestment positions Orora to receive around AUD1.687 billion (USD1.1 billion) in net...
In Uzbekistan, all forms of real security are collectively referred to as pledges. The object of a pledge may be any asset such as movables, immovables and rights. However, there are exclusions: items withdrawn from circulation, claims inseparably linked...
Guantao Law Firm has hired a six-member team, led by partners Kenneth Keung and Barry Yen, to bolster its commercial and dispute resolution services at the Hong Kong office. With their addition, the office will have seven partners. Keung brings...
Commercial dispute resolution specialist Wu Bin has joined W&H Law Firm as a senior partner based in Shanghai. Previously, Wu was a senior partner at Landing Law Offices, where he held key positions within the management committee and led the...
Hughes-Castell

Legal Counsel – 17167/VTA

Role Legal Counsel - 17167/VTA Location Tokyo, Japan Job Description Our client, a leading e-commerce giant, is seeking a Japan-qualified commercial lawyer to join their expanding legal team in Tokyo. In this role, you will provide legal and compliance support for the platform's business...
Following the closure of its Shanghai office, Perkins Coie has confirmed to China Business Law Journal that it will be closing its Beijing office while shifting its energy towards Shenzhen. “With a strategic focus on the major technology hub of...
Hong Kong foreign company redomiciliation

Hong Kong opens doors to foreign company redomiciliation

By Rossana Chu, YYC Legal
The Hong Kong government has announced that it will make a law to enable non-Hong Kong companies to redomicile in Hong Kong. This will help strengthen the city’s position as a global business and financial hub, enhancing its reputation...
Latham & Watkins , SyCip Salazar Hernandez & Gatmaitan (SyCipLaw), Milbank and Picazo Buyco Tan Fider & Santos (PicazoLaw) have  acted on a USD600 million investment in the Philippines-based Terra Solar Project, the world’s largest integrated renewables and energy...
notify-commit mechanism

Exposing risks in notify-commit mechanism for market entity registration

By Wang Wenchao and Xu Rui, Starrise Law Firm
With the market economy advancing, the notify-commit mechanism for market entity registration came into being. This article delves into a recent case of fraudulent business change registration to closely examine the mechanism, pinpointing its inherent flaws and risks, and...
IRDAI Reforms and Insurance Market Growth

Protection for all

The regulator has introduced key reforms to make insurance coverage more accessible, write Priya Misra and Shatakshi Komal, legal experts at online insurance marketplace InsuranceDekho Economic growth, an expanding middle class, innovation and increased awareness are driving insurance growth...

Intercompany pricing in cross-border transactions

By Reena Asthana Khair and Subham Jaiswal, Kochhar & Co.
Taxes on cross-border transactions are typically based on the value of the goods or services usually calculated on their value. In transactions between unrelated parties, that value is generally considered to be fair and uninfluenced by external factors. However,...
Trademark Infringement Dispute

Neither chill nor cool to disparage competitors

By Manisha Singh and Tushitta Murali, LexOrbis
In the recent case of Emami Limited v Dabur India Limited, the Calcutta High Court dealt with broadcast content consisting of a disparaging advertisement created by the respondent. The advertisement targeted the petitioner’s talcum powder products, labelling them as...

Generative AI bringing real change to real estate

By Ashoo Gupta, Shardul Amarchand Mangaldas & Co.
Generative AI is emerging as a game-changer for the real estate industry, transforming business operations. The technology can rapidly identify investment opportunities, refine design processes, create convincing marketing materials, enhance the customer experience and find additional revenue streams by...
Tokyo International Law Office has hired new partner Makiko Kawamura from Ernst & Young Japan Tax (EY Japan Tax) to launch a tax practice, and has taken on construction and project development lawyer Hojung Jun as a partner from...
Reverse-Flipping in India

India calls and inbound mergers are the result

By Rudra Kumar Pandey, Anshul Chhirang and Shreya Bhatnagar, Shardul Amarchand Mangaldas & Co
The thriving Indian economy and its vast potential at the time of the “funding winter” across the globe have resulted in the trend of “reverse-flipping”. Startups in India, which had once flipped their entire ownership structure to more developed...
Reed Smith exits Beijing

Reed Smith exits from Beijing

Reed Smith has become the eighth international law firm this year to downsize or exit its operations in China, confirming its withdrawal from Beijing. The firm will maintain its presence in Asia through offices in Shanghai, Hong Kong and Singapore. “We...
Simpson Thacher & Bartlett, King & Wood Mallesons (KWM)  and Allens are acting on a AUD24 billion (USD16 billion) Blackstone agreement to acquire AirTrunk, the Asia-Pacific's leading data centre platform. Simpson Thacher and KWM are advising Blackstone, the world’s largest...
Coal Exchange in India

Coal exchange to swap opacity for transparency

By Abhishek Tripathi and Rahul Bangia, Sarthak Advocates
India is the world’s second-largest producer and consumer of coal and its procurement is set for transformation with the introduction of a coal exchange. This initiative aims to overhaul the existing coal trading system by introducing a transparent, efficient...
Lock-in Periods in Employment Agreements

Is a lock-in period for employees a restraint of trade?

By Agrima Awasthi and Shivanshu Sharma, Wadhwa Law Offices
Recently, in Lily Packers Private Limited v Vaishnavi Vijay Umak, Delhi High Court held lock-in periods in employment agreements to be legally valid. The petitions by the employer were in respect of three employees who signed onto lock-in periods...
Phishing and Spam Regulationvideo

Phishing for business caught by regulatory net

By Ada Shaharbanu and Ajeeth Srinivas, Spice Route Legal
India’s increasing phishing and mobile spam problem has been a target of the Telecom Regulatory Authority of India (TRAI) since 2018, when the Telecom Commercial Communication Customer Preference Regulations, 2018 (regulations), were implemented. The objective was to regulate commercial...
Indian arbitration hub

Weighed down

Historical preference for ad hoc arbitration and grievances with institutional dispute resolution are holding back the country’s arbitration centres from thriving, writes Ian Thomas In 2016 Indian Prime Minister Narendra Modi set out his government’s aim to make arbitration a...
Singapore-based WongPartnership has become the first law firm in Southeast Asia to  enter into a partnership with global generative AI solutions provider Harvey. Ng Wai King, chairman and managing partner of WongPartnership, told Asia Business Law Journal that his firm...
Simpson Thacher & Bartlett, Kim & Chang and Yulchon have advised on an IMM consortium’s KRW2.7 trillion (USD2.04 billion) full acquisition of South Korean waste treatment firm Ecorbit, Asia Business Law Journal has learned. TY Holdings, South Korean conglomerate Taeyoung...
Merits & Tree Law Offices, Zhong Lun Law Firm, Han Kun Law Offices, Global Law Office and King & Wood Mallesons (KWM) have assisted Unisplendour Corporation in acquiring a 30% stake in H3C for USD2.14 billion. Unisplendour International Technology, a...
Sanjeev Gemawat, who spent more than two years at the energy giant Vedanta Resources as group general counsel, has left to join the Essar Group. “I was seeking a platform where I could contribute meaningfully to large-scale transformation,” said Gemawat...
DaHui Lawyers has recruited Kenny Yu as a partner at its Shanghai office, bolstering the firm’s corporate/M&A practice group. Yu has extensive experience in handling funds, foreign investments, cross-border M&A, PE/VC and corporate matters. He focuses on advising domestic and...
Anagram Partners has advised CVC Capital Partners on its entity, Aquilo House, acquiring a majority 26.47% stake in Aavas Financiers for INR34 billion (USD404.8 million). An open offer is currently underway which makes the entire deal worth INR70.1 billion. The...
Reed Smith has confirmed its exit from Beijing, which marks the eighth international law firm this year to downsize or cease operations in China, leaving its Asian presence only in Shanghai, Hong Kong and Singapore. “We have chosen to consolidate...
Shin & Kim has deepened its financial regulatory practice bench with the addition of new partner Seongkoo Cheong, who is an expert on derivatives regulations in South Korea, to lead the firm's financial regulation team. Cheong was most recently the...
Panag & Babu Law Firm has promoted principal associates Vidhi Khanijow and JS Bhullar, members of its governance team, to partnership, while five others have been elevated as senior associates. Bhullar has conducted significant internal investigations involving bribery, fraud and...
Retroactive application of new Company Law

Case analysis: retroactive application of new Company Law

By Zuo Yuru and Wang Zhongyu, Zhong Lun Law Firm
The new Company Law, which took effect on 1 July 2024, presents a fundamental issue: should people’s courts apply the new or the old law to corporate dispute cases in their first and second instances, where the legal facts...
Compliance for Chinese Gaming in Japan

Key compliance for Chinese gaming companies entering Japan

By Jeff Yang, Wang Jing & GH Law Firm 
Amid the globalisation wave, Chinese firms are accelerating their overseas expansion. Japan, a pioneer and model in the gaming industry, is an ideal choice for Chinese gaming companies. To stand out in this mature market, they must be well...
Foreign creditor protection in India

Foreign creditor protection under India’s insolvency code

By Vaijayant Paliwal and Kirti Gupta, Shardul Amarchand Mangaldas & Co
India’s Insolvency and Bankruptcy Code, 2016 (code), has revolutionised the country’s approach to insolvency, establishing a structured framework for resolving distressed assets while incorporating elements of inclusivity and accessibility. This legislation has become fundamental for businesses and financial institutions,...
Dentons has hired Philip Nunn, Alfred Wu and Muriel Cheng, bolstering the firm’s capacity in commercial and construction disputes in Hong Kong. Nunn and Wu joined as the senior consultant and partner, respectively, along with now the senior associate Muriel...
Coordinated Planning in the Philippine Power Sector

Dichotomy in Philippine power sector: generation and transmission

By Jose M Layug Jr, DivinaLaw
The Philippine power industry saw a major transformation with the Electric Power Industry Reform Act of 2001 (EPIRA), which mandated privatisation of the government-owned National Power Corporation’s (NPC) assets and delineation of responsibilities of various government agencies. A critical...
Inclusive IP Strategy for MSMEs in the Philippines

Demystifying IP among Philippine small businesses

By Ernest Luigi A Manzanares, Federis & Associates Law Offices
On a mission to demystify the concept of intellectual property rights, presenting them in simplest terms for faster adoption and integration, the Intellectual Property Office of the Philippines (IPOPHL) has ramped up its engagement with local businesses, particularly among...
Post-Investment Management of Private Funds

Driving returns with post-investment fund management, compliance

By Eric Zhou and James Tang, AllBright Law Offices
The regulatory principle of “supporting the superior and restricting the inferior” has boosted a reshuffle of the private fund industry, accelerating optimisation of the industrial structure. To further unlock capital vitality, it now becomes crucial for private fund institutions...
India Cybersecurity Legislation Reform

Tackling cybercrime: Greater digitisation leads to rising challenges

By Aman Avinav, Phoenix Legal
With the rapid growth and adoption of technology, cybercrime has seen an unprecedented rise. Hacking, phishing, identity theft, doxxing and digital payment frauds have left individuals and businesses exposed and vulnerable. India at present has no dedicated legislation catering to...
India Power Sector Reform through GNA

A sharpened GNA framework can power renewable ambitions

By Riyaz Bhagat and Samykya Mukku, Trilegal
Integrating India’s numerous regional power transmission grids into one national network has arguably been one of the country’s key success stories in reforming the power sector. A driving force behind establishing a common national grid was implementing the General...
Morrison Foerster (MoFo) has lost two more partners to Jingtian & Gongcheng, after its Singapore managing partner Shirin Tang and partner Lip Kian Ang moved to Baker McKenzie Wong & Leow this week. With the arrival of Vivian Yiu and...
Global Law Office’s Beijing branch has welcomed partners Ryan Ren, Yan Shiye and Cai Ying, while partner Le Yuxin has joined the Shanghai office. Ren, formerly a partner at Haiwen & Partners, specialises in M&A, corporate governance, capital markets, and...
Global law firm White & Case has appointed Alicia Albury as a partner in its real estate and M&A practice in Sydney. Eugene Leone, co-head of White & Case’s real estate industry group, said: “The global surge in data centre...
Baker McKenzie Wong & Leow, the Singapore member firm of global outfit Baker McKenzie, has added Shirin Tang and Ang Lip Kian, bolstering its transactional capabilities across Asia. Tang, who previously served as managing partner at Morrison Foerster’s Singapore office...
Rajeshwari Hariharan has decided to step back from the firm she founded in 2010 to become an independent counsel and partner Deepak Sriniwas will run the IP-focused Rajeshwari & Associates, which will remain operational. Sriniwas will lead the firm’s 11...
Malaysa A-list BG SM

Malaysia’s top lawyers 2024

Malaysia’s top 100 A-List plus 10 legal icons. Miran Lim and Emeli Zuño report View the A-List M alaysia has emerged as an investment destination underscored by political stability and foresighted economic policies. The country’s attractiveness is strengthened by its efforts...
Delhi High Court has held that where there are two contracts and the parties in both agreements are not identical, an express reference to the arbitration clause of an earlier agreement is required in order to conclude that the...
The Supreme Court, in its recent judgment in Avitel Post Studios Ltd & Ors v HSBC PI Holdings (Mauritius) Ltd (2024), upheld the Bombay High Court’s order to enforce the Singapore International Arbitration Centre’s (SIAC) award for a claim...
Dentons has recently hired a seasoned dispute resolution team from Norton Rose Fulbright, bolstering the firm’s capacity in commercial and construction disputes. Philip Nunn and Alfred Wu joined the Hong Kong office of Dentons as the senior consultant and partner,...
Conyers has announced the establishment of its litigation and restructuring practice in Singapore, led by director Anna Lin from the firm’s Hong Kong disputes team. “Our Hong Kong litigation and restructuring team has been servicing clients in the region for...

Challenges with disposal of non-performing personal credit loans

By Li Guangyu, Hylands Law Firm
Disposal of non-performing personal credit loans is a major issue in today’s financial system. With the extensive use of fintech, particularly in internet finance, banks and other financial institutions have overcome geographical limitations to make online loans the mainstream...
International arbitration specialist Shinsuke Yakura, formerly head of the Tokyo office of Orrick Herrington & Sutcliffe, has joined White & Case to lead its Tokyo dispute resolution practice. The arrival of Yakura, who also most recently served as head of...
Yoshihiro Takatori, a Tokyo-based international dispute resolution veteran and a former Japan disputes practice head at Paul Hastings and Orrick, Herrington & Sutcliffe, has joined Nagashima Ohno & Tsunematsu as a special adviser. Takatori, who was admitted in Japan in...
Eleven law firms have announced plans to set up new offices in recent days, with branches located across northwestern China, the Greater Bay Area and even overseas. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n);if(window&&window.initialized)window.process&&window.process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");
Four law firms are acting on Australian producer Whitehaven Coal’s divestment of two stakes in the Blackwater mine in Central Queensland to Nippon Steel Corporation and JFE Steel Corporation for USD1.08 billion. Nishimura & Asahi, Clayton Utz and Allens are...

Startup to flat out: MetaSota

In a fiercely competitive AI boom, how should Chinese legaltech companies make a name for themselves? Luna Jin talks to startup MetaSota COO Wang Yiwei about his philosophy of building products and unique promotional attempts on social media Started as...
Hiroo Advani, the managing partner and founder of Advani & Co, one of the country’s oldest arbitration practices, has joined the senior partnership of Bharucha & Partners and brought his team with him. “I thought the combination of both our...
After nearly 20 years of setbacks, 10 law firms are advising on the development of the world’s largest untapped iron ore mine in Simandou, Guinea, valued at USD20 billion. Watson Farley & Williams, King & Wood Mallesons, Norton Rose Fulbright,...
The Singapore Corporate Counsel Association (SCCA) Student Chapter hosted the GenA2Z ‒ Future of Work series at the NTUC Centre in One Marina Boulevard on 30 July 2024. The gathering of law students and in-house legal experts discussed digital nomadism,...
International law firm Herbert Smith Freehills has strengthened its private capital team in Asia with the addition of Anthony Vasey as a partner in Hong Kong. Andy Blacoe, Asia head of corporate at Herbert Smith Freehills, said: “The city is...
Role Senior Legal Counsel - 17164/VTA Location Hong Kong, China Job Description An excellent opportunity awaits a senior US securities lawyer to join the rapidly expanding team of a multinational online retailer in Hong Kong. In this role, you will oversee all US regulatory...
Rajah & Tann Thailand (RT), a member of Rajah & Tann Asia, has appointed Melisa Uremovic and Supawat Srirungruang as co-managing partners, following the decade-long leadership of Surasak Vajasit. “ appointments come at an exciting time for RT and Thailand,...
About 100 in-house counsel and legal experts gained knowledge from the Indonesian Corporate Counsel Association (ICCA) half-day conference, titled Navigating International Arbitration as General Counsel, in Jakarta. The gathering, held at the International Financial Centre, addressed issues including the practicality...
Jones Day has expanded its corporate practice in Singapore with the hire of M&A lawyer Parveet Singh Gandoak as a partner from King & Spalding’s office in the city-state. “Parveet has advised on some of the largest cross-border corporate transactions...
Greenwashing Compliance And Penalties

Preventing greenwashing

By Zhang Xiuxiu and Nicole Zhang, Hui Ye Law Firm
Greenwashing refers to a company’s act of exaggerating its environmental efforts to mislead consumers into believing it is more eco-friendly than it actually is. Essentially, the company is spreading false green information to create a responsible environmental image. With...
Capital market's new era in China

Proceed with caution

China’s capital market players brace themselves for a new era characterised by tight regulation, a slowdown of new listings, and renewed interest in key international destinations. Sophia Luo reports This April, the issuance of Several Opinions of the State Council on...
Cyril Amarchand Mangaldas, Latham & Watkins and Trilegal have advised on Adani Energy Solutions’ qualified institutional placement (QIP) of equity shares, raising USD1 billion and making it the largest QIP in the power sector to date this year. The QIP...
The Asian International Arbitration Centre (AIAC) has appointed former Malaysian judge Mary Lim Thiam Suan as its new director, succeeding Sundra Rajoo. The AIAC told Asia Business Law Journal that “ will build on the strong foundations laid by the...
Deadline-looms-on-governance-reforms-for-Sino-foreign-JVs

Deadline looms on governance reforms for Sino-foreign JVs

By Joyce Zhang and Aurora Zhang, Llinks Law Office
Previously, foreign-invested enterprises (FIEs) in China found legal basis for their establishment and operations chiefly in the Law on Joint Ventures Using Chinese and Foreign Investment, the Law on Wholly Foreign-owned Enterprises, and the Law on Chinese-Foreign Contractual Joint...
Legal compliance obligations under National Nine Articles

Legal compliance obligations under National Nine Articles

By Liu Siyuan, Jingtian & Gongcheng
One of the hottest topics in the contemporary capital markets is the promulgation of Several Opinions of the State Council on Strengthening Regulation, Preventing Risks and Promoting the High-Quality Development of the Capital Market, known otherwise as the new...
Protecting-creditor-interests-by-disregarding-corporate-personality

Protecting creditor interests by disregarding corporate personality

By Qu Jianjun and Song Yanhong, Ronly & Tenwen Partners
Disregard of corporate personality, also known as piercing the corporate veil, is a system designed to prevent shareholders from abusing the independent corporate personality of a company in order to escape their responsibilities to creditors and the public interest. Hardly...
Latham & Watkins, Ropes & Gray and Freshfields Bruckhaus Deringer have assisted on EQT Private Capital Asia’s USD1.1 billion take-private acquisition of PropertyGuru Group, a Singapore-based real estate  technology company. PropertyGuru has entered into a definitive merger agreement with EQT...
Three law firms have advised on Multiples Private Equity’s sale of part of its holding in Vastu Housing Finance, a pan-India diversified lending institution, to TA FDI Investors for an undisclosed amount. IndusLaw partner Aakash Dasgupta led the transaction team...
KAnalysis, an Indian IP firm which also advises on business law for global clients, has announced its expansion into the US with the establishment of KAnalysis USA. Jose (Joe) Cherson and Michael Feldenkrais have been hired as partners at the...
China Business Law Journal is seeking nominations from senior business managers, in-house counsel and other legal professionals to identify the elite private practice lawyers in mainland China and Hong Kong. The final results, to be published across our website, journals...
Haiwen & Partners adds Li Fangzheng and Ginger Jiang as partners to its Beijing and Shenzhen offices, and they are both formerly members of Fangda Partners’ compliance and government enforcement team. Li, a former police officer who is now a...

Obstacles and risk control in executing share buyback agreements

By Cui Qiang, Commerce & Finance Law Offices
Share buyback agreements are common in equity investment in target companies. However, investors often encounter challenges in enforcing these agreements during disputes. Proactive planning during the investment phase can help mitigate future risks. Execution challenges Challenge 1: Clearance and restrictions on...
Managing Shareholder Disputesvideo

Confrontations and strategies in equity dispute resolution

By Wang Yongjie, Joint-Win Partners
In recent years, continual development of the market economy has led to a surge in shareholder disputes, significantly impacting company growth. Consequently, it is crucial for legal counsel to effectively manage these disputes. Key considerations and strategies for legal...
Foreign Corruption Law

FEPA’s impact on India’s legal and business landscape

By Vikrant Singh Negi and Mohit Bakshi, DSK Legal
With the buzz around ESG (environmental, social and governance principles) growing significantly, companies require a robust framework to deal with bribery and corruption issues. In doing so, they must take into account various legal frameworks for dealing with bribery. In...
Freshfields Bruckhaus Deringer, Shardul Amarchand Mangaldas & Co and OP #Khaitan & Co# have advised on Italian company EuroGroup Laminations’ acquisition of a 40% stake in India’s Kumar Precision Stampings for EUR19.9 million (USD22.25 million). Partners Abhishek Guha and Tanya...
Luthra and Luthra has acted for a group of lenders involved in a INR14.36 billion (USD172 million) loan to Zenataris Renewable Energy, a special purpose vehicle of Fourth Partner Energy. Partner Karan Mitroo led the transaction team, with the assistance...
A capital idea

A capital idea

Where do Indonesia’s law firms stand on a future move to their unfinished new capital city? Indonesia’s new capital city, known as Nusantara (Ibu Kota Nusantara, or IKN), began construction in 2022 and is slated for completion in 2045 at...

Turning the tide

Leadership transitions in Indonesia are painfully slow and fraught with dissent and uncertainty, so why was this year’s election different? Lawyers in Jakarta give John Church their assessments on political shifts, and legal and business expectations going forward Months on...
Role Legal and Compliance Counsel Location Minhang District, Shanghai Job Description The Company manages export supplies of steel products, including hot-rolled, cold-rolled, galvanized, prepainted and electrical steel. The Company also manages the procurement of goods and spare parts for the industrial facilities located in Russia. The...
The Central Board of Direct Taxes (CBDT) has clarified that not all Indian citizens require an income-tax clearance certificate (ITCC) before leaving the country. Only individuals involved in serious financial irregularities require an ITCC and they must face an investigation...
The Securities and Exchange Board of India (SEBI) has imposed a ban on Reliance Group Chairman Anil Ambani and 24 other entities from the securities market for five years after finding them liable for the diversion of funds. As a...
Legal experts explain to Aditya Rangroo why our best startups have galloped to foreign soil, and whether it’s possible to shut the gate India has the largest number of offshore unicorns – known as “flipped startups” – in the world....
Seven firms have advised on the USD500 million IPO of FirstCry, India’s largest multi-channel retail platform for mother and childcare products. Shardul Amarchand Mangaldas & Co advised Brainbees Solutions, the parent company of FirstCry, with Prashant Gupta, partner and national...
Dentons Link Legal has advised on the restructuring of more than INR20 billion (USD238.16 million) in outstanding debt for Pune Sholapur Road Development Company. Partners Milind Jha and Aditya Bhardwaj led the Dentons team along with associate partner Shailender Sharma,...
Shardul Amarchand Mangaldas & Co (SAM) and AZB & Partners have advised on the merger between Mangalore Chemicals & Fertilisers (MCF) with Paradeep Phosphates, creating one of India’'s largest integrated private sector fertiliser companies. SAM represented Paradeep and Mangalore Chemicals...
Linklaters and Cyril Amarchand Mangaldas (CAM) have advised on Piramal Capital & Housing Finance’s issuance of USD300 million in senior sustainability notes due in 2028. The issuance of the 7.8% notes with a tenor of 3.5 years is under the...
Twelve arbitration institutions have launched a collaborative platform fostering the exchange of manpower and legal technologies across the Greater Bay Area (GBA). The GBA online collaborative platform, spearheaded by the Hong Kong-based eBRAM International Online Dispute Resolution Centre, debuted on 11...
O’Melveny, JunHe, Morrison Foerster (MoFo) and Jingtian & Gongcheng have assisted on TYK Medicines’ HKD579 million (USD74.3 million) debut on the HKEX in the biggest IPO launched through chapter 18A of the Hong Kong Listing Rules. Chapter 18A allows biotechnology...
SKV Law Offices has represented Tata Power Company in forming a strategic partnership with Druk Green Power Corporation (DGPC) to develop the 600MW USD8.24 billion Kholongchu Hydropower project in Bhutan. “We had to work with our Bhutanese counterparts to develop...
Cyril Amarchand Mangaldas (CAM), Latham & Watkins, Linklaters and Shardul Amarchand Mangaldas & Co (SAM) have advised on the IPO by India’s biggest electric two-wheeler manufacturer Ola Electric Mobility, raising USD730 million in one of the largest debuts on...
Singaporean law firm PDLegal has established a formal law alliance with the Singapore office of UK law firm Hill Dickinson, with the partnership having taken effect on 1 August under the name, Hill Dickinson PDLegal Alliance. Depending on the nature...
After nearly 20 years of setbacks, 11 law firms are counselling on the fast-track development of the world’s largest untapped iron ore mine in Simandou, Guinea, valued at USD20 billion, with investment from China Baowu and Rio Tinto. Watson Farley...
Grandall Law Firm counselled on Avatr Technology’s acquisition of a 10% stake in Newcool, a wholly-owned subsidiary of Huawei, for RMB11.5 billion (USD1.61 billion). Partner Li Bo led the Grandall team, with main support from partner Wu Linyue. Partners Lu...
Clayton Utz has added partners Geoff Shaw, Amanda Story, Edward Campbell and Suriyaa Rome to its Canberra office, boosting the firm’s capabilities in commercial litigation, real estate and the public sector. Emma Covacevich, chief executive partner at Clayton Utz, said:...
An arbitration is only as good as the arbitrator. The arbitrator’s impartiality and independence is crucial to arbitration; this is often a key point of contention for parties in the procedure. The UNCITRAL Model Law, the draft amendment to...
Three senior partners and a partner from Siguion Reyna Montecillo & Ongsiako (SRMO), one of the Philippines’ oldest law firms, have co-founded Khan Mercado Peña & Seña (KMAPS Law). The founding partners are Rommel Mercado, Rafael Khan and Carla Santamaria-Seña,...
Anli Partners has hired Daniel Han and Luo Kaitian to foster its IP and labour law capabilities in the Shanghai and Beijing offices. Han is a patent attorney, and specialises in handling disputes related to patents, trademarks, copyrights and unfair...
Freshfields Bruckhaus Deringer and Sullivan & Cromwell are advising on Japan Tobacco’s  USD2.4 billion take-private of publicly traded US tobacco giant Vector Group (VGR). Tokyo Stock Exchange-listed Japan Tobacco has reached an agreement with Vector, the fourth largest US tobacco...
Latham & Watkins, Freshfields Bruckhaus Deringer and Ashurst have advised CK Infrastructure Holdings (CKI), an arm of Hong Kong tycoon Li Ka Shing’s business, on two UK transactions. The Hong Kong-listed CKI completed a secondary listing of issued shares in...
DLA Piper, Haiwen & Partners, Linklaters and JunHe have assisted in China’s Ping An Insurance’s issuance of USD3.5 billion in H-share convertible bonds – the largest of its kind to date under Regulation S of the US Securities Act. The...
A non-compete clause is designed to protect trade secrets but it should not be entered into in violation of people’s right to free choice of employment. With non-compete arrangements becoming popular with enterprises today, how do we achieve a...
On 11 June 2024, Hong Kong’s Office of Privacy Commissioner for Personal Data (PCPD) published its AI framework – more formally, the Artificial Intelligence: Model Personal Data Protection Framework. The framework aims to provide practical recommendations for organisations to comply...

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