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Following an extensive survey of market opinion and independent editorial research, China Business Law Journal announces China’s future legal leaders.  Access the Rising Stars full list As China’s heavily battered economy gradually recovers, challenges like corporate restructuring, financial risks, labour disputes...
The Ministry of Corporate Affairs (MCA) announced a significant relief for limited liability partnerships (LLPs) by extending the deadline and waiving additional fees for the filing of two crucial forms under the Limited Liability Partnership Act, 2008. The forms in...
video

Employee transfer needs trust on both sides

By Anirudh Mukherjee and Pankaj Anil Arora, Kochhar & Co., Advocates & Legal Consultants
Recently, a number of Indian companies have faced questions regarding the validity of transfers they have required of their employees. With several incidents of employees resisting such transfers coming to light, it is essential for companies to take a...
The Insolvency and Bankruptcy Board of India (IBBI) enacted amendments to the Insolvency Resolution Process for Corporate Persons (CIRP) Regulations, 2016. The changes are outlined in the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment)...
The Securities and Exchange Board of India (SEBI) has put out a proposal to amend regulations governing alternative investment funds (AIFs) to facilitate infrastructure financing. According to the SEBI, the proposed changes aim to allow certain categories of AIFs to...

Challenges in reducing subscribed registered capital

By Zhao Xun and Guo Kaihang, Grandway Law Offices
The new Company Law has enhanced the system of registered capital subscription and registration, stipulating that limited liability companies must fully pay up their registered capital within five years from their establishment, while joint-stock limited companies must fully pay...

Loss of electricity generation claims in new energy projects

By Wang Yong, DOCVIT Law Firm
With the increasing investment in and construction of new energy projects such as wind electricity and photovoltaics against the backdrop of the “dual carbon” initiative, legal compliance issues and disputes related to these projects have emerged. Industries like wind...
Compliance strategy

How consumer, retail companies can capture compliance and profits

By Quan Kaiming and Yuan Wei, AllBright Law Offices
Premier Li Qiang told a State Council executive meeting on 19 May 2023 that to deliver tangible benefits from the push to build a national unified market it was important to enhance ideological unity and reinforce accountability, together with...
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The right to company name under new Company Law

By Wang Kun and Ding Tianmiao, Blossom & Credit Law Firm
A company’s name reflects its image, reputation and value. Through the name of the company, people can infer the quality of the company’s products and management level. But the current Company Law has no explicit provisions on the company’s...
The government has granted permission for public companies to directly list their securities on international exchanges within the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC). The decision follows an announcement made by Union Finance Minister Nirmala Sitharaman...
Role Head of Data Privacy - 17113/VTA Location Singapore Job Description Our client, a Fortune Global 500 corporation, is seeking a Head of Data Privacy based in Singapore. In this role, you will primarily be responsible for managing data privacy compliance across their business...
The Reserve Bank of India (RBI) announced amendments to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022. This move was made under section 35A of the Banking Regulation Act, 1949, and chapter IIIB...
Loan Facilitation Impact

Negatives of borrowers charged by loan facilitators

By Guang Zhenming, Joint-Win Partners
A case involves company G, which is a financial institution, and company F, a loan-facilitating institution, with Xia and Liu as the borrowers. On 5 January 2017, borrowers Xia and Liu signed a loan contract with company G, stipulating...
The Enforcement Directorate (ED) attached immovable assets valued at INR3.6 billion (USD44.2 million) across New Delhi, Mumbai, Kolkata and Odisha in a money-laundering investigation related to an alleged bank loan fraud involving Bhushan Steel Limited (BSL). Under the Prevention of...
The Reserve Bank of India (RBI) directed Paytm Payments Bank (PPB) to halt most of its operations by 15 March 2024, following persistent non-compliance and material supervisory concerns. This action was carried out under section 35A of the Banking...

Insights from judicial interpretation of labour disputes (Part II)

By Shaw Zhao and He Yanling, Jingtian & Gongcheng
In the preceding article of this series, we discussed the unified legal characteristics of equity incentive disputes and the innovative special arrangement for untaken annual leave under the draft Interpretation II on Several Issues Concerning the Application of Law...
Fintech new incentive scheme

Fintech goes mainstream through new incentive scheme

By Rohit Jain and Kunal Sharma, Singhania & Co. 
The fintech sector in India has become a global leader. It has built the largest ecosystem and enjoyed the fastest growth. By 2025, its valuation will hit USD150 billion-USD160 billion, making the country a major financial innovation hub. To...
Data protection and commercial practice in India

Balancing data protection and commercial practice

By Mathew Chacko, Aadya Misra, and Vishnu Naduvakkad, Spice Route Legal
The coming implementation of the Digital Personal Data Protection Act, 2023 (DPDPA), has required businesses to begin restructuring their processes and systems to comply with its data protection obligations. Data fiduciaries, entities that determine the means and purposes of...
Lawyers' long work hours in India

Punching the clock

An elderly billionaire’s comments about working long hours has fuelled a firestorm. Katherine Abraham quizzes members of the legal fraternity about the merits of working tirelessly in a profession notorious for its skewed work-life balance When Narayan Murthy, the founder...
India's digital transactions

Digital India is now leading the world

By Rajesh Narain Gupta and Aniket Vijay Singh Rajpurohit, SNG & Partners
The World Bank reported at the 2023 G20 Summit that Indian digital transactions had exceeded INR14.89 trillion (USD18 billion) by May 2023, marking an unprecedented achievement. It praised India’s strategic use of digital public infrastructure, including the Unified Payments...
Haiwen & Partners has advised Sinopec on its RMB12 billion (USD16.67 billion) A-share private placement, led by domestic capital markets partners Li Liping, Gao Wei and Xu Min and Hong Kong capital markets partner Philip Chan. Sinopec – the world’s...
Cyril Amarchand Mangaldas (CAM) has established a new office in Abu Dhabi, the United Arab Emirates, broadening its offshore reach. “We have received our commercial licence to establish a presence in the ADGM . This move would assist the firm’s...
Singapore's trade positionvideo

Right place and right time

By Chen Zhida, Helmsman 
Once an arcane and niche area, supply chains have become a topic of everyday conversation, reflecting the very essence of the modern and interconnected world. Tensions over trade, superpower politics, the pandemic and conflict in Europe and the Middle East...
The Thai Corporate Counsel Association (Thai-CCA) in collaboration with regional law firm Tilleke & Gibbins held its first event of the year on 24 January, delving into the expanding field of AI and technology law in Southeast Asia. The session...
The Association of Corporate Counsel Hong Kong (ACCHK), together with FTI Consulting, a global business consulting firm, are set to host a panel discussion at AmCham’s Community Hub in Central, Hong Kong, on 11 April 2024. The central theme is...
IBLJ Deals of the year 2023

Deals of the Year 2023

India Business Law Journal reveals 50 standout deals and disputes of 2023, and the law firms that successfully concluded them The year 2023 will be remembered for its several notable highs for corporate India – along with a few lows....
The Singapore Corporate Counsel Association (SCCA), in partnership with CMS, hosted the CMS Infrastructure Index 2023 Launch Event at the ParkRoyal Collection Pickering in Singapore on 16 January 2024. The conference drew more than 60 attendees from the infrastructure...
The 2024 Association of Corporate Counsel (ACC) Asia-Pacific Annual Meeting is scheduled from 9-10 May at the Westin Hotel, Singapore, themed “In-house Innovation and Impact in the Asian Century”. The two-day conference for in-house counsel will address pressing challenges and...
The Japan In-house Lawyers Association (JILA) concluded its annual In-house Legal Awards ceremony at the Shangri-La Hotel in Tokyo on 16 January 2024. The ceremony honoured the exemplary performances of in-house legal teams and individuals who had submitted their...
Asia Counsel has appointed Justin Gisz as its newest partner to fortify the firm’s commitment to serving its Vietnamese market. In addition, Asia Counsel recently joined forces with international firm Kinstellar to expand its capabilities in the country and across...
The use of electronic contracts in private fund transactions is rising, yet the criteria for adjudicating these contracts lack clarity. We spoke to Zhang Guoming, chief risk officer at CITIC Securities, and Sun Jian and Kong Weilu, vice president...
China's bankruptcy regime matures

Back from the brink

In an underperforming economy, China’s bankruptcy regime is following a steep trajectory to maturity and doomed businesses are making a revival. Sophia Luo reports ONCE REGARDED AS SOMETHING of a taboo, bankruptcy has now been generally accepted as an essential route...
Role Global Markets Legal (VP/SVP), APAC - Global Investment Bank Location Singapore Job Description Our client is a leading global investment bank. They operate multiple verticals aross APAC and are established in the region. The business is growing, they have a proven & successful...
Role Head of Compliance APAC, Brokerage Location Singapore Job Description Our client is a licensed and established brokerage regionally headquartered in Singapore. They operate across several verticals and licenses within APAC. The business is growing, they have a proven & successful track record in...
Role Senior Legal Counsel (Offshore wind) Location Taiwan Job Description Head of Legal/Senior Legal Counsel - Leading Energy Firm, Taiwan My client is a leading and growing Energy Firm and we are recruiting for a Head of Legal/Senior Legal Counsel to be based in the...
Role Legal Counsel - Hong Kong Location Hong Kong Job Description Offer legal counsel on corporate governance, contracts, compliance, and risk. Draft, review, negotiate contracts, and collaborate on mergers, joint ventures, and partnerships. Monitor legal changes, represent in proceedings, and maintain relationships. Job Requirements Qualified...
Role Compliance manager - Chinese Securities firm Location Hong Kong Job Description Reporting to Head of Compliance. Provide compliance advisory on FICC products within a Chinese security house or retail brokerage. Ensure adherence to regulatory requirements and guidelines. Develop and update compliance policies...
Role Legal Counsel (TW based role) Location Taiwan Job Description Great opportunity to gain regional exposure, and handle broad range of different responsibilities for the Group. Job Requirements 2-5 years' PQE, with solid experience in general commercial matters. Fluent in English and Mandarin. Occasional business...
Larson Maddox

Compliance Director

Role Compliance Director Location New Jersey Job Description We are looking for a Compliance specialist to lead and manage compliance program. Handles admin for compliance program across the health system. Collaborates with staff and external parties to ensure regulatory policy compliance. Foster a culture...
Larson Maddox

Head of Compliance

Role Head of Compliance Location Beijing Job Description Seeking a highly experienced and knowledgeable Head of Compliance in Beijing, China. As the Head of Compliance, you will be responsible for ensuring that the company adheres to all relevant laws, regulations, and internal policies. Your...
Larson Maddox

Trade Compliance

Role Trade Compliance Location Beijing Job Description The Trade Compliance of Futures will play a critical role in ensuring compliance with regulatory guidelines and managing trade risk associated with futures trading. The ideal candidate will possess a strong understanding of trade risk management in...
Larson Maddox

Regulatory Counsel

Role Regulatory Counsel Location Hong Kong Job Description We are working with an international investment bank to search for a Sanctions Lawyer in Hong Kong. As a Sanctions Lawyer, you will play a critical role in advising the bank on complex sanctions matters. You'll...
Role Senior Legal Counsel (SVP/ Director) Location Hong Kong Job Description A leading investment bank is seeking a dynamic and strategic Senior Legal Counsel to join their legal team. You will play a pivotal role in shaping the bank's legal strategy. Your expertise will...
Larson Maddox

Legal Counsel – Taipei

Role Legal Counsel - Taipei Location Taipei Job Description A leading global bank is seeking a talented Legal Counsel to join their dynamic team in Taipei. As a key member of our legal department, you will play a crucial role in advising on complex...
Role Project Manager - HK listed EAM Location Hong Kong Job Description Based on client requirements, form project teams and manage the entire project lifecycle to ensure successful implementation. Assist in pre-sales activities by presenting products, services, and solutions to clients. Design client...
Larson Maddox

Senior Legal Counsel

Role Senior Legal Counsel Location Hong Kong Job Description A leading global bank is seeking a Senior Legal Counsel to be based in Hong Kong owing to expansion. You will be the subject matter expert responsible for advising on Australia-related legal matters. Your expertise...
Larson Maddox

Data Compliance Manager

Role Data Compliance Manager Location Hong Kong Job Description A leading telecommunications company is seeking a skilled Data Privacy / Data Compliance Manager to join our dynamic team. As a Data Privacy / Data Compliance Manager, you will play a pivotal role in ensuring...
Larson Maddox

Banking & Finance Lawyer

Role Banking & Finance Lawyer Location Hong Kong Job Description Provide legal expertise in banking and finance, covering regulatory compliance, structured finance, and capital markets. Collaborate with internal stakeholders, drafting and negotiating financial agreements. Keep updated on industry trends and legal developments to ensure...
Seven law firms have assisted in securing binding agreements between Reliance Industries and Viacom18 Media and the Walt Disney Company to establish a joint venture conglomerate in India valued at USD8.5 billion. The JV will see a merger between Viacom18’s...
O’Melveny’s M&A partner Alan Bao has joined White & Case’s Beijing office as a partner to strengthen its corporate practice. Bao specialises in M&A, capital markets and general corporate matters, particularly in the financial institutions, private equity, pharmaceuticals and healthcare,...

Company Law amendments: highlights and shortcomings

By Wu Dong and Wang Zhengqian, Hui Ye Law Firm
The 2023 amendments to China’s Company Law make substantial additions and modifications to the original, spanning 112 articles. In many aspects, the revised law represents a significant legislative step-up; but in others, it is also unfortunately inadequate. Taking into consideration...
Legal risks in equity financing of startups

Early management of legal risks in startup equity financing

By Zou Chunpeng, DOCVIT Law Firm
Equity financing is vital to the development of startups, usually making a difference in their survival. Therefore, investors are often praised as “white knights” of investee businesses. The best vision of financing is that the investee leverages the investor’s...
International brand Withers has struck an association with KARNA Partnership, a law firm headquartered in Indonesia, to offer legal counsel to clients in locally and beyond. “Indonesia is the biggest economy in Southeast Asia and represents a key market for...
JunZeJun Law Offices has unveiled a new branch in Shenyang, Liaoning province, to broaden its reach within northeast China. The branch has 20-plus professionals, who will mainly provide services in finance, corporate, labour and  criminal laws, and real estate. JunZeJun said...
IndusLaw, Cyril Amarchand Mangaldas and Ramanathan & Vahanvati Law Firm assisted on the USD78 million divestment of a controlling stake in Conagra Brands’ Indian subsidiary Agro Tech Foods Limited (ATFL). Funds managed by Samara Capital and Convergent Finance will purchase...
Pallavi Banerjee has rejoined Trilegal as a partner to strengthen the firm’s banking and finance practice in Mumbai. Banerjee has been an executive director and senior legal counsel at Goldman Sachs in India, and had a brief stint at Trilegal....
Fox & Mandal has advised Crestia Polytech’s Topline and four other subsidiaries in an agreement that will see HIL, a flagship company in the CK Birla Group, acquire the pipes, fittings and water tank enterprises for INR2.65 billion (USD32...
After her recent appointment as MZM Legal’s new chief technology officer, Suchorita Mookerjee says she hopes to drive digital innovation. “As a lawyer-technologist, I look forward to driving digital transformation to ensure that MZM remains at the forefront of legal...

Product-by-process claim lesson in appeal judgment

By Pravin Anand, Vaishali Mittal, and Siddhant Chamola, Anand and Anand
In commercial litigation, including patent dispute, judicial decisions mostly decide the rights and interests of parties, quantify damages, and that’s about it. Rarely in commercial law litigation are issues heard and decided not just for the sake of parties,...
IndusLaw has counselled Power Finance Corporation on providing USD295.43 million in funding to ReNew Photovoltaics to build solar module manufacturing plants. Banking partner Pritha Chatterjee led the IndusLaw transaction team, with the assistance of principal associate Neeati Narayan, senior associate...
Wei Tu Law Firm, Stephenson Harwood’s China joint operation in Guangzhou, has set up its first branch in Shanghai. The website shows that the new branch has a partner Joanna Jiang, who joined from Zhong Lun Law Firm in 2023...
Financial dispute resolution veteran Andrew Chung, with 13 years of in-house experience at Goldman Sachs, has taken over as Linklaters’ managing partner for China from William Liu. Liu will maintain his role as Asia regional managing partner. Chung specialises in...
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JSA advised the Ministry of New and Renewable Energy, the Indian government and the World Bank in preparing bid documents for the allocation of sea-bed lease rights for offshore wind power projects. With a deal value expected to surpass USD1...

China’s role in global arbitration and international law

By An Shouzhi and Wang Pengxin, AnJie Broad
China’s Belt and Road Initiative (BRI) is said to be the world’s largest international co-operation platform. The huge scale of the co-operation among countries along the Belt and Road has brought great demand for legal infrastructure, and a gradual...
Is it illegal to use another’s game licence

Is it illegal to use another’s game licence?

By Jeff Yang, Wang Jing & GH Law Firm
Since the implementation of the Administrative Regulations on Internet Publishing Services in 2016, the national publishing administrative authorities have continually tightened the approval and supervisory rules of game publishing licences. Possessing such a licence is a qualification threshold for...

Steady as she goes

With general elections looming, India’s finance minister has chosen a largely safe approach with regards to unveiling taxation policies in the country’s 2024 interim budget, write Preeti Goyal, Bharathi Krishnaprasad and B Venkat Ramanan from Lakshmikumaran & Sridharan Union Finance...

How can Chinese firms defend IP rights in overseas trades?

By Zhou Zhengping, Kangda Law Firm
In an increasingly complex international environment, Chinese enterprises are facing ever greater challenges in carrying out trade activities abroad. Intellectual property (IP), as a key area of concern for all countries, has become an essential matter with which enterprises...
Huahong Semiconductor’s Sci-Tech listing

Huahong Semiconductor’s listing on Sci-Tech Innovation Board

By Wayne Chen and Harriet Li, Llinks law offices
On 7 August 2023, Huahong Semiconductor, a red-chip company already listed on the Stock Exchange of Hong Kong (SEHK), officially returned to the A-share market as well as debuting on the Science and Technology Innovation Board (STB). The company...
mainland judgments Hong Kong courts

Recognition, enforcement of mainland judgments in HK courts

By Liang Muzhou, ETR Law Firm
The Arrangement on Reciprocal Recognition and Enforcement of Judgments in Civil and Commercial Matters by the Courts of the Mainland and of the Hong Kong Special Administrative Region and Hong Kong’s Mainland Judgments in Civil and Commercial Matters (Reciprocal...
trade secrets

Key points for compliance management of trade secrets

By Li Kexuan, Starrise Law Firm
Trade secrets constitute a vital part of a company’s intangible assets, significantly influencing its production, development and competitive advantage in the market. However, the boundaries of trade secret rights are often unclear, relying solely on a company’s efforts for...
Substantive consolidation prospects

Practice, prospects of substantive consolidation

By Amy Ren and Shawn Xu, Llinks Law Offices
The group economy is derived from the market-oriented and large-scale development of the modern economy. However, any debt problem in a group economy is more likely to cause widespread and systemic risks amid continued macroeconomic downturns, oversupply and liquidity...
Shardul Amarchand Mangaldas & Co (SAM) has counselled parties involved in the INR4.29 billion (USD51.73 million) Exicom Tele-Systems debut listing, marking the first IPO of an Indian EV charging infrastructure player on the NSE and BSE. SAM was the exclusive...
Manjushree Somasundara, who brings more than two decades of experience to the table, has joined Aarna Law as a partner in its corporate advisory team. “I look forward to utilising my experience and knowledge in compliance risk management and fraud...
Indirect tax laws in India

Charting course for indirect tax laws in India

By Shivam Mehta and Tanya Garg, Lakshmikumaran & Sridharan
Exploring recent developments and projections for the indirect tax realm With each passing year, the Goods and Services Tax (GST) undergoes a metamorphosis, unveiling surprise decisions that perplex taxpayers and leave them grappling with the evolving shape of the tax regime. Taxpayers’...
Shardul Amarchand Mangaldas & Co has expanded its management board to nine members, reflecting the firm’s commitment to injecting fresh leadership talent. Effective immediately, Raghubir Menon, Prashant Gupta, Naval Satarawala Chopra, and Shweta Shroff Chopra have joined the management board. Each...
Asim Abbas has launched new firm Spectra Law based in Delhi with a partner and four associates. Abbas, who will be managing partner of Spectra Law, said the application of new technology was disruptive and ahead of the law, which...
Omesh Puri has joined Anand and Anand after a 12-year stint at LexOrbis. Puri was partner and head of the trademarks, copyright and designs practice area during his stint at LexOrbis, contributing his extensive experience in prosecuting and enforcing intellectual...
JSA has acted for IRB Infrastructure Developers in its inaugural issuance of USD540 million in senior, secured US-dollar denominated notes to overseas investors, marking the company’s first foray into the international debt capital markets. Partners Dina Wadia, Uttara Kolhatkar led...
Luthra and Luthra Law Offices India has inaugurated its newest branch in Chennai, extending its footprint in the country’s southern region and marking its fifth office in the nation. The firm has offices in the key southern Indian cities of...
Foreign-related practice expert Feng Caihong, previously a consultant at King & Wood Mallesons, has joined Anli Partners’ Beijing headquarters as a partner. As a qualified attorney in both the PRC and England and Wales, Feng is a member of the...
Revamping consumer finance regulation

Revamping consumer finance regulation: NFRA’s planned amendments

By Guan Zhenming, Joint-Win Partners
The National Financial Regulatory Administration (NFRA) recently issued the Measures for the Administration of Consumer Finance Companies (Draft for Opinions), which would amend the Pilot Administrative Measures for Consumer Finance Companies based on the development of consumer finance companies...
Mining enterprises and their foreign investments

FET for mining enterprises and their foreign investments

By Mariana Zhong and Zheng Xinming, Hui Zhong Law Firm
As covered in Protecting China’s investment in overseas mining (China Business Law Journal, volume 14, issue 10), the foreign interests of mining enterprises may be compromised by local anti-mining sentiment, which cannot always be aptly protected against by the...
Joanne Lau discusses HK arbitration statusvideo

Rising to the challenge

Joanne Lau, who took over as secretary-general of the Hong Kong International Arbitration Centre in late February, explains why concerns over the city’s future as a leading Asian hub for alternative dispute resolution are misplaced, with the total amount...
After 18 years of operating in the mainland, Perkins Coie has decided to close its Shanghai office leaving only its Beijing branch standing, marking the fifth major foreign law firm to wind down in China, following Proskauer Rose, Latham...
Personal and company property mixing issues

Are husband-and-wife and one-person companies the same?

By Xie Yang and Chen Yuqi, Zhilin Law Firm
Shareholders are liable for the company’s debts to the extent of their own capital contribution. However, many sole shareholders of one-person companies have taken advantage of this Company Law provision by comingling personal and company property, thereby avoiding company...
Retroactive voiding of VAM clauses

Retroactive voiding of VAM clauses in IPO process

By Li Ling and Wu Jinfeng, Grandway Law Offices
When a company intends to go public, it will bring investors in for capital increase. In the transaction documents, a valuation adjustment mechanism (VAM, also known as a “bet-on agreement” in China) clause is often included, under which the...
Dentons Lee is receiving a timely boost with the addition of senior foreign attorney Bernard Ham to lead the life sciences and healthcare team. “The thing about being in this space and at this time in Korea is that life...

An issuer’s perspective of bond default disposal and solutions

By Wang Xiaodong, Hai Run Law Firm
The implicated government guarantees in China’s bond market have been gradually broken in recent years. The Chaori Solar bond default in 2014 marked the first default on a publicly offered bond in China. According to the iFinD search results,...
In the recent case of Rajeev Kumar Damodarprasad Bhadani and Ors v The Executive Engineer, Maharashtra State Electricity Distribution Company Limited (MSEDCL) and Ors, the Bombay High Court ordered MSEDCL to acquire the land of the petitioners under the provisions...
Gaming industry's data compliance challenges

Data compliance in online gaming

By Jeff Yang, Wang Jing & GH Law Firm
China’s Data Security Law and Personal Information Protection Law, two important laws in the field of data compliance, were released one after another in 2021, installing both monitors and safety nets for companies’ data processing activities and users’ rights...

Judicial determination of maliciously initiating IP litigation

By Chen Xi, Wan Rui Law Firm
As efforts to protect intellectual property (IP) rights intensify, rights holders are increasingly resorting to legal measures to safeguard their legitimate interests. However, amid this is a phenomenon of abusing legal rights by maliciously initiating IP litigation to suppress...
Tejesh Chitlangi in Mumbai and Kavitha Vijay in Chennai have been promoted as joint managing partners at IC Universal Legal, a full-service law firm with a presence in seven cities across India. Chitlangi has been with the firm for a...

Avoiding IP, monopoly risks in foreign distribution agreements

By Ding Xiaodi, Shanghai Pacific Legal
Many foreign brands targeting Chinese consumers prefer to collaborate with local distributors in China to sell their products, aiming to save on market operational costs. From the perspective of Chinese distributors, intellectual property (IP) clauses are often the focal...
Labour Dispute Cases

Insights from judicial interpretation of labour disputes (Part I)

By Shaw Zhao and Mia Wang, Jingtian & Gongcheng
Even though it is still at the draft stage, the recently issued Supreme People’s Court Interpretation II on Several Issues Concerning the Application of Law in the Trial of Labour Dispute Cases has significant ramifications for corporate compliance and...
Navigating Legal Horizons- AI Advancements and IP Protection Rules-L

Breaking AI impasse

How do we reconcile the pressing needs for tech advancement with the time-tested rules for IP protection? Wang Sijia, director of IP and data compliance at NetEase Group, shares her views AFTER ABSORBING an unfathomable amount of data for machine...
We are excited to announce the launch of India Business Law Journal’s new WhatsApp channel, bringing you the latest legal market news, details of legal and regulatory changes, analysis of key deals, and unrivalled intelligence on India’s lawyers and...
Yulchon has strengthened its services to address rising IP disputes and the expanding entertainment sector with the addition of partners Jong Cheol Lee and Mun Hui Kim in e-discovery, compliance and media, and entertainment law. The firm aims to provide...
新公司法下,外资企业如何调整治理结构?video

Governance and foreign-invested enterprises under new Company Law

By Zhou Le, Blossom & Credit Law Firm 
Following the implementation of the Foreign Investment Law, the three previous laws governing foreign investment – the Law on Chinese-foreign Equity Joint Ventures, the Law on Foreign-capital Enterprises, and the Law on Chinese-foreign Contractual Joint Ventures – have been...
Shi Qi and Wang Boyang have joined JunHe’s Xi’an office as partners, strengthening the firm’s capabilities in commercial dispute resolution. Shi, formerly an equity partner at TianTong Law Firm, worked at the Intermediate People’s Court of Xi’an City in Shaanxi...
AI in Tax Compliance

AI perhaps making tax regimes more transparent

By Mukesh Butani and Pranoy Goswami, BMR Legal
The use of artificial intelligence (AI) in the field of tax compliance is not something outside the usual canons and principles of legal application and interpretation. Legality, proportionality and equality are still the foundations of any area of the...
Deborah Barker has stepped down as Withers KhattarWong’s managing partner, passing the baton to Shashi Nathan and Daniel Yong, effective 31 March. Barker said: “With a great sense of pride, I now entrust the leadership of the practice to Nathan...
The passing of India’s first additional solicitor general, Fali Sam Nariman, on 21 February 2024, at 95, marks the end of an era as India loses one of its finest first generation of lawyers who began his practice soon...
Sundial Law Firm has opened its first branch in Hong Kong, signalling its expansion into the international market. The Hong Kong branch was established in August 2022 and operated through an alliance with independent law firm Howse Williams. Following the...
Hungary Belt and Road Initiative

Land use requirements for renewable energy projects in Hungary

By Wang Jihong and Xu Yibai, Zhong Lun Law Firm
Hungary is the first European country to sign a Belt and Road Initiative co-operation document with China, covering trade, investment, infrastructure, logistics and electric vehicles. The bilateral trade between the two countries has grown by 79% in the past...
Simpson Thacher has advised Stonepeak in the final closure of the Stonepeak Asia Infrastructure Fund with USD3.3 billion in total capital commitments. New York-based partners Jonathan Karen and Deborah Gruen led the team at Simpson Thacher. “This is a critical time...
Willkie Farr & Gallagher and Khaitan & Co have advised on the Bolloré Group’s EUR4.85 billion (USD5.3 billion) sale of its logistics subsidiary to shipping company CMA CGM. Khaitan advised on the Indian law aspects of the transaction, and played...
Dentons Link Legal and S&R Associates has assisted on the sale of a majority stake in Vasant Chemicals to the International Chemical Investors Group (ICIG) for an undisclosed amount. Partner Sanjeev Adlakha and counsel Kanika Khanna, including associate Vinayaditya Reddy,...
Shardul Amarchand Mangaldas & Co (SAM) has advised on the divestment of energy assets  from ACME Solar Holdings and ACME Solar Energy to renewable company BluPine for an undisclosed sum. SAM advised both companies under the ACME Group on the...
Lakshmikumaran and Sridharan Attorneys (LKS) has acted for Premion, a prominent connected TV/over-the-top (CTV/OTT) advertising platform, on its acquisition of Octillion Media India for an undisclosed amount. LKS facilitated the acquisition process, ensuring a smooth incorporation of Octillion Media India...
Full-service law firm Saraf and Partners has relocated to a larger office in Embassy Square, Vasanth Nagar, in Bengaluru, which opened on 29 February 2024. “The move to our new Bengaluru office signifies our dedication to growth, excellence and improved...
Presolv360 – an online dispute resolution institution collaborating with various courts, government and private entities – has established an advisory council to facilitate smooth processing. The council includes chief justices UU Lalit, BN Srikrishna and Justice Kannan Krishnamoorthy. The advisory...
Khaitan & Co and Trilegal assist on a binding agreement between India-Japan Fund (IJF) and Mahindra & Mahindra for a INR4 billion (USD48.3 million) investment into M&M’s mobility subsidiary. The agreement will see IJF’s stake in Mahindra Last Mile Mobility...
Wilson Sonsini, Harneys and Loeb & Loeb has assisted on BitFuFu’s merger with the special purpose acquisition company (SPAC), Arisz Acquisition, to list on the Nasdaq. BitFuFu is valued at USD1.5 billion after the transaction, which is now complete. Leading...
Unilateral Post-Transfer

How business need-driven unilateral post transfer can be done lawfully

By Guo Wei and Wu Hantong, Tian Yuan Law Firm
To properly navigate this sensitive issue takes more than a tough conversation For employers, lawful unilateral post transfers can be divided into two categories: those pursuant to laws and regulations, and those based on business needs. Typical scenarios of the former...
Trilegal has advised JB Pharmaceuticals in its acquisition of a portfolio of specific ophthalmology brands from Novartis for INR10.9 billion (USD131 million), comprising trademark licensing and distribution agreements. JB Pharmaceuticals formalised a INR9.6 billion trademark licence agreement with Novartis Innovative...
IndusLaw and Trilegal counsel Axis Energy and Brookfield Asset Management, respectively, to establish a cleantech joint venture via their subsidiaries in a strategic partnership valued at INR72.8 billion (USD845 million). The subsidiaries are Axis Energy Ventures India and Pine Valley...
During compulsory execution, the people’s court may legally inquire, freeze and sell stock assets held by the subject person, pursuant to article 249 of China’s Civil Procedure Law. However, in judicial practice, the disposal scope, pricing standards and disposal methods...
DSO criminal compliance obligations

New laws tighten DSOs’ criminal compliance obligations

By Ekin Zeng and Chen Yitao, AllBright Law Offices
The revised Company Law was passed by the Standing Committee of the National People’s Congress (SCNPC) on 29 December 2023, marking the most extensive amendments to the Company Law since 1993. It primarily addresses adjustments to company registration systems, shareholder...
Suman Khaitan & Co has advised smartphone renewal services startup ControlZ to secure USD3 million in seed funding. The firm’s founder and managing partner Suman Jyoti Khaitan led the advisory team alongside advocates Nubair Alvi and Ribhika Singh. 9Unicorns Accelerator Fund...

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