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Following an extensive nomination process, Asia Business Law Journal unveils its top performers of the country’s legal profession. Lim Miran and Nguyen Yen report View the A-List After experiencing its first economic contraction in two decades, Indonesia’s strong rebound was interrupted...

Paralegal – MNC

Role Paralegal - MNC Location Hong Kong Job Description Our client is a top-tier MNC in FMCG industry. They are now looking for a Paralegal who would be responsible for assisting the Legal Counsel to handle a wide range of corporate and commercial legal...
Private equity R-Bridge Healthcare Fund struck a USD40 million royalty-backed financing for Yisheng Biopharma – making it the first deal of its type in China’s biopharmaceutical industry. Royalty-backed financing is a trade-off between equity investment and bond investment. It offers...
A court judgment in a long and winding property dispute has emphasised the crucial nature of due procedure an attention to regulation when adjudicating such disputes. In this case, the appellant, along with his brother, agreed to sell a certain...
Sino-Ocean Land Treasure IV issued USD200 million 3.8% credit enhanced green notes due 2025 backed by a standby letter of credit (SBLC) from China Zheshang Bank. Paul Hastings acted as the English and Hong Kong counsel, Maples Group acted as...
Lexicon

Protecting consumer financial well-being

By Andrew Godwin
HAVING PREVIOUSLY DISCUSSED using plain language for financial consumer protection in relation to disclosing risks associated with complex financial products (China Business Law Journal volume 2, issue 8: Plain language in English and Chinese), this Lexicon column explores an...
A bench comprising Justices KM Joseph and Hrishikesh Roy, in the case of Chander Sekhar Jha v Union of India and Anr, dismissed an appeal assailing the order of the Calcutta High Court regarding a gold smuggling charge. The Calcutta...
Ashwathh Legal, on behalf of Dabur India, filed a lawsuit before the District Court, Saket, in New Delhi, rebuking the Advertising Standards Council of India (ASCI) for false accusations over an advertisement breach for their client’s new energy drink,...
The Indian cinema industry is set for a mega transformation as two big multiplex owners with 1,500 screens decide to merge their businesses. Inox Leisure will buy out PVR, the country’s market leader in terms of the screen count. The...
Kartikey Mahajan has been named as a partner at Khaitan & Co’s Singapore office dispute resolution practice. With a decade of experience, he specialises in cross-border and multijurisdictional disputes, with specific focus on commercial and investment treaty arbitration. He has...
The Securities and Exchange Board of India (SEBI), in its quarterly board meeting held at the end of March, amended regulations governing collective investment schemes (CIS) to bring them on a par with mutual fund regulations. The SEBI hopes this...
India’s Minister of Commerce and Industry, Piyush Goyal has urged a revamp of the department of commerce to enable sustained export growth in the next decade, and pushed the need for building India’s brand name among its global peers. Under...
The Competition Commission of India (CCI) has notified, on 31 March 2022, regarding a revision to the Form II long form used by companies for merger notification. The amendment to Form II will be effective from 1 May 2022, and...
DaHui Lawyers has hired Greg Guo and Gong Jiawen as partners based in Shanghai and Beijing, respectively. Guo focuses on capital markets, corporate and M&A, and private equity business. He advised on Alibaba’s Hong Kong IPO and Ant Group's IPO...
Electric-vehicle maker and auto-design service company CH-AUTO agreed a merger with special-purpose acquisition company Mountain Crest IV worth nearly USD1.7 billion. Wilson Sonsini and JunHe served as legal counsel while Harneys advised CH-AUTO on Cayman Islands law. Harneys’ team was led...
Tilleke & Gibbins has hired tax lawyer Auaychai Sukawong as partner and head of the firm’s regional tax practice in Bangkok. Sukawong arrived from KPMG Thailand in Bangkok with Chanattorn Thunyaluck, who joins the firm as senior associate. Sukawong...
India’s antitrust probe into the alleged collusion over fees charged by debt trustees of the State Bank of India, Axis Bank and IDBI Bank took a back seat following an intervention by the Bombay High Court after the banks...
Clifford Chance advised on antitrust related to restructuring between China XD Group and several subsidiaries of State Grid, the state-owned utility company. The team was led by Bai Yong, a Beijing-based partner and head of antitrust practice for Greater China,...
Simmons & Simmons has hired Wang Yingyu as a partner in its technology, media, and telecommunications (TMT) and IP practice in Singapore. Wang joined from Taylor Vinters Via, the Singapore office of Taylor Vinters, where she was managing director...
Linklaters’ formal association firm in Indonesia, Widyawan & Partners, has hired corporate lawyer Teguh Arwiko as a partner in Jakarta. Arwiko joins from Hiswara Bunjamin & Tandjung, an association firm of Herbert Smith Freehills in Indonesia, where he was...
Holman Fenwick Willan (HFW) has bolstered its dispute resolution practice in Melbourne with the hire of commercial litigation and international arbitration lawyer Bronwyn Lincoln as a partner. Lincoln joined from Australian firm Corrs Chambers Westgarth, where she spent more...
Ashurst has appointed finance partner Jean Woo as the managing partner of the Singapore office, succeeding Rob Palmer, who was at the helm for four years. Palmer will continue his role as a dispute resolution partner at the firm. Woo...
DLA Piper has strengthened its finance, projects and restructuring practice in Hong Kong with the hiring of banking and finance lawyer Crystal Chen as a partner. Chen joined from Linklaters, where she worked in energy and infrastructure practice in...
In a move to undertake monetisation of surplus land and building assets of Central Public Sector Enterprises (CPSEs), the federal cabinet, on 9 March 2022, approved forming a National Land Monetisation Corporation (NLMC), according to Bhagwat Kisanrao Karad, the...
International arbitration practitioner Kay-Jannes Wegner has joined Mayer Brown as a partner in international arbitration practice in Singapore. Wegner moved from Seoul where he worked as a partner and foreign legal consultant at Kim & Chang for more than...
Asia Business Law Journal names the country’s top law firms. Lim Miran and Putro Harnowo report H aving endured testing times, Malaysia is banking on a rebound in corporate earnings with business activity gathering pace since the end of last year....
Luckin Coffee has completed two debt restructuring plans, ending the cross-border bankruptcy proceedings under chapter 15 of title 11 of the US Code. Davis Polk acted as legal counsel and Harneys advised on Cayman Islands law. The plans included a...
The law department of the Telangana state government issued an order designating the International Arbitration and Mediation Centre (IAMC) in Hyderabad as the arbitral/mediation institution for all contracts above INR30 million (USD393,000) where the ministries, departments, public sector companies...
The Insolvency and Bankruptcy Board of India (IBBI) has admitted 538 and 522 cases, respectively during the periods for 2020-21 and 2021-22 (up to the quarter ending 31 December 2021) into the corporate insolvency resolution process (CIRP) under the...
Fangda Partners has made Zhang Huanyan a partner in its Guangzhou office. Zhang has nearly 15 years of experience, focusing on capital markets, M&A, and PE/VC investment. She has extensive experience in domestic and overseas listings, corporate restructurings, major...
Harneys has appointed Han Wenhao as a partner in the litigation, bankruptcy and restructuring team at its Shanghai office. Han is dually qualified in the PRC and the UK. He is a Fellow of the Chartered Institute of Arbitrators...
IP specialists Yuanhe Partners and Twelve Tables Law Firm have merged to create a new legal powerhouse in cross-border business. Yuanhe and Twelve Tables will combine more than 50 professionals across offices in Beijing and New York. Yuanhe Partners was established...
Global M&A activity has climbed sharply since last year, creating opportunities in emerging markets like India and the Philippines, which have relaxed and liberalised their investment policies India Philippines INDIA India witnessed its highest level of deal-making in 2021 by both value and...
Deal highlights - March 2022

Deal highlights

LISTINGS Aquila Acquisition Corporation became the first special purpose acquisition company (SPAC) to list in Hong Kong. Promoted by CMB International Asset Management and AAC Mgmt Holdings, Aquilla raised HKD1 billion (USD127.7 million) from its IPO on the main board...
A-Comparison-of-M&A-regulatory-updates-India

A comparison of M&A regulatory updates: India

By Shardul Shroff, Iqbal Khan and Ambarish, Shardul Amarchand Mangaldas & Co
Global M&A activity has climbed sharply since last year, creating opportunities in emerging markets like India and the Philippines, which have relaxed and liberalised their investment policies India Philippines India witnessed its highest level of deal-making in 2021 by both value and...
A Comparison of M&A regulatory updates: Philippines

A comparison of M&A regulatory updates: Philippines

By Nilo Divina, Ciselie Marie Gamo-Sisayan and Danica Mae Godornes, DivinaLaw
Global M&A activity has climbed sharply since last year, creating opportunities in emerging markets like India and the Philippines, which have relaxed and liberalised their investment policies India Philippines The Philippine economy’s resilience amid global uncertainty and the pandemic is unprecedented, with...
Former Linklaters partner Crystal Chen is moving to DLA Piper to be a partner in the firm’s finance, projects and restructuring practice based in Hong Kong. Qualified in New York, Hong Kong and Mainland China, Chen specialises in the development...
Role Senior Legal Counsel, Global Business (7-10 PQE) - 16818/VTA Location Hong Kong, China Job Description A world-leading B2B beauty business seeks a senior lawyer to support their successful and growing operations. With large presences in the US, UK, Europe and Asia, you will...
A property agency backed by multimedia giant Tencent has been given the go ahead for a dual-primary listing by way of introduction on the HKEX. KE Holdings was advised by Freshfields, Skadden, Han Kun Law Offices and Harneys on Hong...
AllBright Law Offices has won approval to open a branch office in Haikou as the Hainan provincial capital grows as a global financial centre. The province is establishing a free trade port legal system based on the Hainan Free Trade...
Merits & Tree Law Offices has hired four partners – Philip Qiao and Kelly Zheng in its Beijing headquarters; Stone Huang and Fan Qiuping in the firm’s Shenzhen branch – as well as Song Yaqin as a counsel in...
Pressing need for regulating cryptocurrencies

Pressing need for regulating cryptocurrencies

By Abhishek Malhotra and Bagmisikha Puhan, TMT Law Practice
Different approaches to cryptocurrencies across jurisdictions cause disparity in the understanding and classification of digital assets This series of commentary on cryptocurrencies previously discussed basics (ABLJ, November-December 2021: Cryptocurrencies in India: fad or future?) and delved into India’s move to...
Metaverse opens quagmire of Indian IP issues

Metaverse opens quagmire of Indian IP issues

By Manisha Singh, Dheeraj Kapoor, and Simrat Kaur, LexOrbis
Many unforeseen issues that entail comprehensive changes to global law will emerge as the Metaverse unfolds further, with Intellectual Property Law in India front and centre Metaverse, the idea of a 3D universe where digital avatars of users can walk...
Improper communication in M&A leads to trouble

Improper communication in M&A leads to trouble

By Iqbal Khan and Ambarish, Shardul Amarchand Mangaldas & Co.
The restrictions on sharing unpublished price sensitive information (UPSI) are strict and not typical of the way such information is dealt with globally. However, by now, most stakeholders are comfortable with the standard requirements concerning board resolutions, confidentiality agreements...
JunHe’s Shanghai office has added Lu Sipei as a partner specialising in data compliance, cybersecurity, M&A, and domestic and overseas investment. Before joining JunHe, Lu worked in the Hong Kong office of Simmons & Simmons. Lu has extensive experience in...
Electric vehicle manufacturer NIO successfully listed on the main board of the HKEX by way of introduction with shares beginning trading on March 10. This is the first time a Chinese company decided to return to home markets via...
Baker McKenzie has added senior capital markets specialist Thomas Tarala as partner to commit its strategic development for SPAC listing regimes in Hong Kong bond markets and ESG (environmental, social and governance) investments. As a senior practitioner with over 25...
Han Kun Law Offices has added capital markets expert Li Jianhui to the firm’s practice in South China. Li has 30 years of legal experience in onshore and offshore capital markets including PE/VC investment and M&A. He is also an...
Defining “administrative agreements” is a problem that has puzzled the legal community for many years. The type and scope of an administrative agreement will determine whether arbitration can be used to resolve disputes that arise from it. Articles 2 and...
The pandemic’s impact on local economies has provoked a significant increase in disputes arising from commercial tenancy contracts since 2020, disrupting an expansion of shopping centres in most first and second-tier cities that has surpassed some developed economies in...
Regulatory approval of soaring digital therapeutics

Analysis of regulatory policy for approval of digital therapeutics

By Jane Zhang and Dai Jingyu, Jingtian & Gongcheng
China’s digital therapeutics (DTx) business has vaulted into the limelight as a major new investment target of the healthcare sector, with a number of domestic companies joining the global Digital Therapeutics Alliance (DTA). Digital therapeutics are changing the healthcare delivery...
Insolvent-financial-service-providers-a-class-apart

Insolvent financial service providers a class apart

By Abhirup Dasgupta and Bhawana Sharma, HSA Advocates
When the Insolvency and Bankruptcy Code (IBC) was introduced in 2016, an exception was made under section 3(17) for financial service providers (FSP) to prevent them from being dragged into insolvency. The legislature has since seen fit to remove...

Risks borne by investors from fixed-return clauses

By Li Weiming, Tiantai Law Firm
Fixed-return clauses are fairly common for corporate investment and financing activities. Investors would often insert a fixed-return clause in an investment agreement, under which the financing party is required to pay an investment return of a fixed percentage or...

Discoms cannot pull the plug on contracts

By Abhishek Tripathi and Shivika Agarwal, Sarthak Advocates & Solicitors
The appellate bench of the Andhra Pradesh High Court has stepped in to stop the practice of renegotiation of tariffs by power distribution companies (discoms). In the case of Walwhan Renewable Energy Limited v State of Andhra Pradesh and...
In recent years, listed companies have shown greater uncertainties in operating and financial conditions amid increasing economic and political complexities globally, covid-19 resurgences and the market environment. Under the Hong Kong regulatory framework, listed companies should focus on the...
国内设计院上市常见法律问题

Common legal issues in listing domestic design institutes

By Yuan Yueyun, Grandway Law Offices
Recent years have witnessed a nationwide surge in design institute IPOs. So far, more than 30 design institutes have listed, while other strong and well-known candidates are preparing their own IPOs. In an increasingly competitive economic environment, IPOs have...
Vertical restraint: the 'grey rhino' in anti-monopoly compliance

Vertical restraint: the ‘grey rhino’ in anti-monopoly compliance

By Angus Xie and Guo Xiao, Han Kun Law Offices
With China stepping up its anti-monopoly efforts, law enforcers are cracking down on manufacturers or wholesalers seeking to control the eventual price of their products and services via vertical restraints Recent years have witnessed a growing prominence in China’s anti-monopoly...
Rights-to-benefit-from-equity-under-debt-to-equity-schemes-L

Rights to benefit from equity under debt-to-equity schemes

By Matthew Ching and Zhang Dong, Jingtian & Gongcheng
Financial asset investment companies may acquire creditors’ rights of banks on businesses for the purpose of market-based conversion of those debts to equity, or set up debt-to-equity investment schemes for the investment in market-based debt-to-equity swap assets. In the case...
RBI recasts framework for microfinance providers

RBI recasts framework for microfinance providers

By Sawant Singh and Aditya Bhargava, Phoenix Legal
Microfinance regulation has previously focused on non-banking financial companies – microfinance institutions (NBFC – MFI), and not on other entities engaged in microfinance such as banks and other NBFCs. The Reserve Bank of India (RBI) issued a consultation paper...
Private client models enter the modern world

Private client models enter the modern world

By Rishabh Shroff and Chirag Shah, Cyril Amarchand Mangaldas
Traditional family-run businesses are giving way to a new age of startups and technology-driven business models. Given India Inc’s desire for a global footprint, migration or foreign passports are now common. Many families and individuals move their wealth overseas...
Fintech is the future of inclusive finance

Fintech is the future of inclusive finance

By Bagmisikha Puhan and Siddhant Gupta, TMT Law Practice
The banking and financial services sector has long been a pioneer and centre of technological innovation, providing end-user banking and financial services. Fintech has emerged as a direct competitor to legacy banking, but has not yet become an inclusive...
RBI to revise export-import payment aggregation framework

RBI to revise export-import payment aggregation framework

By Shilpa Mankar Ahluwalia and Himanshu Malhotra, Shardul Amarchand Mangaldas & Co
The Reserve Bank of India (RBI) on 7 April 2022, released draft guidelines for the processing and settlement of small-value export and import related payments facilitated by online export-import facilitators (OEIF) (draft guidelines). The draft guidelines rationalise the regulatory...
违反出口管制法的法律责任与海关合规风险应对

Compliance and liability for violations of Export Control Law

By Jia Xiaoning and Ning Jing, AllBright Law Offices
The implementation of China’s Export Control Law since 1 December 2020 and the issue of its first white paper on export control on 29 December 2021 reflect China’s strategic and legislative focus and determination on export control governance. This...
King & Spalding has hired international arbitration lawyer Nils Eliasson as a partner in its trial and global disputes practice group in Singapore. He joined from Shearman & Sterling where he was a partner and led the firm’s Asia...
Ameya Deosthale has joined Stratage Law Partners as an associate partner in the dispute resolution practice. He joins from Lexicon Law Partners, where he was an advocate. He has previously worked at Hariani and Company as senior associate. Deosthale...
Samvad Partners has promoted counsel Neha Mirajgaoker and Sitara Pillai to partnership in their Mumbai office. Mirajgaoker focuses on general corporate advisory and PE, VC investments, and M&As. She specialises in structuring transactions focusing on federal emergency management agency regulatory...
Freshfields Bruckhaus Deringer has hired Howie Farn as a partner in its global transactions group in Hong Kong. Farn joined from Kirkland & Ellis where he was a capital markets partner focusing on US securities transactions. He was previously...
After serving as global financial crime counsel at HSBC for more than three years, Hong Kong-based international trade lawyer David Wolber re-joined Gibson Dunn & Crutcher as of counsel. Previously in 2011-2017, Wolber was an associate attorney at the...
Baker McKenzie has added senior capital markets specialist Thomas Tarala as partner to commit its strategic development for SPAC listing regimes in Hong Kong bond markets and ESG (environmental, social and governance) investments. Tarala will advise on public offerings, private...
Asset management challenges in the era of fintech

Asset management challenges of the fintech era

By Li Kailun, Merits & Tree Law Offices
While disrupting daily lives and consumer behaviour, the covid-19 pandemic has also accelerated innovation of investment channels and approaches. Coupled with the constant upgrading of internet technology, investors are experiencing a new fintech era and landscape for financial product...
video

Breach of M&A contracts: How best to define losses

By Zhang Tianwu and Liu Yi, East & Concord Partners
There are various terms to describe compensation for breach of contract in M&A agreements. For example, if one party breaches the contract, it must compensate for the other party’s losses, actual losses, direct losses or indirect losses. Sometimes, these...
Clyde & Co strengthened its regulatory and investigations offering with the hire of Tan Weiyi as a partner in Singapore. Tan joined from Singapore’s law firm Harry Elias Partnership where she was a partner for more than two years. Tan is...
Clifford Chance hired major projects and contentious construction specialist Spencer Flay as a partner in its litigation and dispute resolution practice in Perth. Flay joined from Australian law firm Corrs Chambers Westgarth in Perth, where he was a partner for...
Carey Olsen’s Singapore office has added investment funds specialist Tom Katsaros to its investment funds offering as a consultant, and experienced litigator Helen Wang to its litigation, insolvency and restructuring practice as a counsel. Katsaros joined from Maples Group where...
AllBright Law Offices advised on the first listing by an overseas company in Taiwan for more than a year and was the only mainland Chinese law firm working on the deal. The issuer was FY Group, which manufactures furniture products...

Liquidation damage laws for Mainland China, HK

By Mo Xinying, ETR Law Firm
Under different legal systems, mainland China and Hong Kong have different priorities when it comes to liquidated damages. Both China’s civil law and Hong Kong’s common law systems place contractual limits on the portion of liquidated damages that exceed the...
Squire Patton Boggs has advised independent containerships owner Seaspan Corporation on securing two separate export credit agency (ECA)-backed Japanese Operating Lease with Call Options (JOLCOs) totalling USD838 million and USD1.4 billion. The transactions involved the creation of a unique financing...
Dechert advised Bank of Singapore, the private banking arm of OCBC Bank, on the sale of its in-house private market feeder fund platform to global fintech Institutional Capital Network (iCapital). The platform consists of multiple funds involving a total...
Linklaters advised the Thai wholesale stores operator Siam Makro on its group restructuring through an entire business transfer. Makro, part of Charoen Pokphand Group, accepted the entire business transfer of CP Retail Holding Company, which holds retail chain Lotus’s operation...
Japan Bank for International Cooperation (JBIC) has acquired issued shares in American nuclear reactor producer NuScale Power for USD110 million. Clifford Chance advised JBIC on the deal through Japan NuScale Innovations (JNI), a special purpose company established for equity...
Joint, several liability of shareholders in liquidation disputesvideo

Joint, several liability of shareholders in liquidation disputes

By Wang Qiang, Leaqual Law Firm
A sales contract dispute between Shanghai Cunliang Trade and Jiang Zhidong et al was a case selected by the Supreme People’s Court (SPC), as Guiding Case No. 9, with the adjudication rules formed designed to protect the interests of...
White & Case advised the syndicate of lenders to Reliance Rail on the AUD1.8 billion (USD1.3 billion), 21-year green sustainability-linked loan (GSLL) to fully refinance its existing debt facilities. The White & Case team in Sydney that advised on...
Tahota Law Firm has opened a new office in Zhengzhou, the capital of Henan province, to cover business in north and central China in liason with teams in Beijing, Jinan, Tianjin, Wuhan, Xian and Taiyuan. The new branch will...
Grandall Law Firm has hired Thomas So as a partner and head of its dispute resolution department in Hong Kong. So is a Justice of the Peace and a member of the 13th National Committee of the Chinese People's Political...
China’s first REIT public offering this year and the biggest transaction volume so far raised RMB9.4 billion (USD1.42 billion) with partners from Han Kun Law offices advising. Huaxia China Communications Construction Company (Huaxia CCCC) REIT saw a billion shares priced...
DeHeng Law Offices and Tian Yuan Law Firm advised on China’s first national asset-backed commercial paper (ABCP) for a public-private project. The issuer was Chongqing Maohe, which specialises in the municipality’s infrastructure projects and is 90% owned by China Construction...
Assured increase of FDI in the insurance sector Shinoj Koshy

Assured increase of FDI in the insurance sector

By Shinoj Koshy and Muskan Agrawal, L&L Partners
On 14 March 2022, the government issued Press Note 1 of 2022 allowing 20% foreign direct investment (FDI) through the automatic route in the Life Insurance Corporation of India (LIC) a corporation established and governed under the Life Insurance...
EU’s Digital Markets Act and implications for Big Tech Ashima Obhan Samridhi Poddar

EU’s Digital Markets Act and implications for Big Tech

By Ashima Obhan and Samridhi Poddar, Obhan & Associates
According to a press statement issued on 25 March, the European Council and the European Parliament have struck a provisional political agreement on the Digital Markets Act (DMA act). The act classifies platforms in the European Union (EU) as...
Following an extensive nomination process, Asia Business Law Journal unveils its top performers of the country’s legal profession. Lim Miran and Nguyen Yen report View the A-List B urdened by mounting debt, foreign exchange squeeze and runaway inflation, Sri Lanka still fumbles...
NCLT’s ability to issue warrants strengthens insolvency resolution Sonam Gupta

NCLT’s ability to issue warrants strengthens insolvency resolution

By Sonam Gupta and Saumay Kapoor, Bharucha & Partners
The inability to resolve the insolvency of a corporate debtor does not merely stem from the fact that the entity is, in fact, distressed. In many cases, the resolution professional (RP) is unable to obtain the assistance and co-operation...
RERA poses a challenge for private equity Vandana Pai

RERA poses a challenge for private equity

By Vandana Pai and Subham Chatterjee, Bharucha & Partners
The Real Estate (Regulation & Development) Act, 2016 (act), the most significant reform of India’s real estate sector in modern times, came into effect in 2017. The act established a Real Estate Regulatory Authority (RERA) in each state. Each...
What-can-a-lessor-do-when-the-lessee-is-in-bankruptcy-L

What can a lessor do when the lessee is in bankruptcy?

By Chen Zhuo and Wang Hao, Tian Yuan Law Firm
In a financial lease, if the lessee goes bankrupt or enters reorganisation due to insolvency, the lessor is certain to be adversely affected. To uphold its own interests, the lessor should carefully assess the status of the lessee and...
Choosing between BVI and Cayman for going offshore Peter Vas

Choosing between BVI and Cayman for going offshore

By Peter Vas, Loeb Smith Attorneys
How to choose between the British Virgin Islands (BVI) and the Cayman Islands for a corporate structure has been one of the most frequent questions among businesses planning to establish an offshore company. This is a complex matter that...
Regional developments in CBDCs and implications for India Anu Tiwari Arjun Goswami

Regional developments in CBDCs and implications for India

By Anu Tiwari and Arjun Goswami, Cyril Amarchand Mangaldas
Like the rest of its global peers, India relies on the existing correspondent banking model for cross-border remittances, which require the participation of multiple banks, with transactions recorded on different ledgers that are backed by different technologies and diverse...
Shanghai, Shenzhen self-regulatory rules for bankruptcy, reorganisation Wang Zhenxiang

Shanghai, Shenzhen self-regulatory rules for bankruptcy, reorganisation

By Wang Zhenxiang, Jingtian & Gongcheng
As a growing number of listed companies seek to revamp their creditor-debtor relationships through bankruptcy, prior listing rules at both Shanghai and Shenzhen stock exchanges have become inadequate for guiding bankruptcy-related operations. On 31 March 2022, both exchanges respectively released...
2021 model dispute cases in banking industry

2021 model dispute cases in banking industry

By Yao Xiaomin and Yuan Yuhui, Lantai Partners
With the successive promulgation of the Civil Code and its judicial interpretations, and the general implementation of the Minutes of the National Courts' Civil and Commercial Trial Work Conference in judicial practice, the adjudication approaches and standards in banking-related...

Shareholding ratio and corporate control

By Zhang Bo, Zhilin Law Firm
What is the impact of different shareholding ratios on shareholders’ rights? What are the risks to the right of control brought by a decline in the shareholding of the original shareholders after the introduction of new investors? What measures...
Applying management science thinking boosts a legal department’s capacity to support its business departments. Steven Cao, general counsel of Energy China Overseas Investment Division/China Gezhouba Group Overseas Investment, reveals how in-house counsel can successfully apply project management methods In academic...
Role Mandarin-speaking General Legal Counsel (10+ PQE) - 16783/VTA Location Europe Job Description Rare opportunity to join one of the world’s largest digital technology group of companies as the first head of legal for the EU (inc. UK). This is a key role to...
Shearman & Sterling has hired Ong Kok Jin as a counsel in its global M&A practice in Singapore. Ong joined from Herbert Smith Freehills where he was a senior associate for almost three years in Singapore. Ong specialises in energy...
Mohan Pillay, the head of Pinsent Masons MPillay in Singapore, is stepping down after leading the firm for 12 years to be succeeded by partner Ian Laing. Pillay set up MPIllay in 2006 and the firm formed a joint...
Ropes & Gray has appointed asset management lawyer Vincent Ip as the managing partner of the firm’s Hong Kong office to succeed Dan Anderson who had been the office managing partner for five years. Anderson will continue co-leading the...
A more considered approach to investigations during tough pandemic times should not be construed as less commitment from the Competition Commission of India’s plans to ensure fair competition, write its Former Chair Dhanendra Kumar and NLSIU Competition Law professor...
Betrayal-of-trust-l

Monkey business

The NSE scandal comprising a mysterious Himalayan yogi, a 'group operating officer' who had never worked in the securities market, and a board that looked the other way shows that it takes only a few key individuals to tarnish...
Value of FTO in biopharma investment, financing Li Ying Wu Lili

Value of FTO in biopharma investment, financing

By Wu Lili and Li Ying, Han Kun Law Offices
The biopharmaceutical industry will see continued growth in investment and financing this year, not least fuelled by continuing global demand for pandemic vaccines. In the tug-of-war between return and risk, both experienced investment giants and emerging capital players invariably...
With the approval of the Grand Court of the Cayman Islands, Golden Wheel Tiandi, a Hong Kong-listed and Jiangsu-based real estate company, restructured three tranches of senior notes in an aggregate principal amount of approximately USD450 million. The scheme had...
Pitfalls in suspending employees amid fraud investigations

Pitfalls in suspending employees amid fraud investigations

By Leo Yu and Tobey Wang, Jingtian & Gongcheng
It is common practice for employers to suspend employees during investigation of suspected fraud, including but not limited to malpractice such as corruption, bribery and embezzlement. But if suspension is implemented improperly, employers risk being put on the legal...

Legal Counsel – FICC

Role Legal Counsel - FICC Location Hong Kong Job Description We are working with an Investment Bank to help them source looking a seasoned and high caliber global markets lawyer in Hong Kong to provide legal coverage to our Fixed Income, Currencies and Commodities...

Rising prominence of store layouts in IP disputes

By Prachi Agarwal and Mishthi Dubey, Anand & Anand
Prachi Agarwal and Mishthi Dubey examine the jurisprudence around store layouts and provide practical advice for their protection It is seemingly often that a reference to a certain restaurant or a store strikes in the mind an associated imagery including...
Role Banking & Finance Associate (2+ PQE) Location Hong Kong Job Description Our client is a leading international law firm looking for a Banking & Finance associate to join the team. The role covers all sorts of financing structures, including: bilateral and syndicated loan...
Role Corporate Trust Asssociate (1+ PQE) Location Hong Kong Job Description Our client is a leading international law firm looking for a Capital Markets associate to join the Corporate Trust team. This opportunities allow for ECM or DCM associates to specialise in an advisory...

M&A Associate (4+ PQE)

Role M&A Associate (4+ PQE) Location Hong Kong Job Description Our client is a leading law firm looking for a mid-senior associate to join the M&A team. The role will focus on cross border M&A transactions, private equity and venture capital investments, joint ventures,...

IP associate (3+ PQE)

Role IP associate (3+ PQE) Location Hong Kong Job Description Our client is a leading IP Law firm looking for a mid level associate to join the team. The team covers both contentious and non-contentious aspects of IP, with a particular focus on Life...
The Association of Corporate Counsel (ACC) released the first edition of “An inside look at legal entity management practices”, which showcases a detailed analysis of legal entity management (LEM), also known as subsidiary governance, a set of practices and...
Role TMT / Fintech Associate (5+ PQE) Location Hong Kong Job Description Our client is a leading TMT law firm looking for a mid-senior level associate specialising in the TMT / Fintech space. The team has a very strong Pan Asian presence and is...
Role Restructuring & Insolvency Associate (3+ PQE) Location Hong Kong Job Description Our client is a leading UK law firm looking for a Restructuring & Insolvency (Finance) associate to join the team. The team covers a Pan Asian practice and focuses on restructuring and...

ECM associate (4+ PQE)

Role ECM associate (4+ PQE) Location Hong Kong Job Description Our client is a UK Law Firm looking for a mid-senior level associate to join the ECM team. The teams focuses on capital market and corporate finance transactions, primarily advises underwriters and companies on...

DCM Associate (4-5 PQE)

Role DCM Associate (4-5 PQE) Location Hong Kong Job Description Our client is a reputable international law firm looking for a mid-level associate to join their DCM team. They focus on international DCM for both state owned and private companies in different industries. The...
Role Litigation (Construction) Associate (1+ PQE) Location Hong Kong Job Description Our client is a leading law firm looking for a Disputes associate with a focus in construction. They cover a wide range of arbitration and litigation work in all aspects of construction in...

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