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India's plans to list state-run Life Insurance Corporation (LIC) face an unusual problem: domestic law firms are shying away from advising the government, deterred by the low fees on offer at the time of a lucrative boom in corporate stock listings.
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After shuttering its Hong Kong office last year, Orrick, Herrington & Sutcliffe on Friday announced its launch in another major East Asian financial hub with a new Singapore office.
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Global banks and other financial institutions in Hong Kong are scrambling to find out details of China's planned imposition of an anti-sanctions law on the city, and trying to understand how it could impact their operations in the financial hub.
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As protests against racism swept across the United States last summer, big law firms were forced to reckon with inequality and diversity in their own ranks. In the year since, many of them revamped their management to increase focus on diversity, including by adding a once-rare role in the industry: chief diversity officer.
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An Iranian-American businessman wants to sue U.S. law firm Dechert over allegations of hacking, seeking a London court's approval to add it as a defendant in a long-simmering dispute with the Ras Al Khaimah Investment Authority (RAKIA).
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Shearn Delamore is representing Malaysia's government and state fund 1Malaysia Development Berhad (1MDB) in a lawsuit seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence linked to a corruption scandal at the fund.
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Cleary Gottlieb Steen & Hamilton and Assegaf Hamzah & Partners are advising airline Garuda Indonesia on its strategy after the flag carrier said it could not distribute coupon payments for its $500 million sukuk following a 14-day grace period.
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Dentons has become embroiled in a multi-front legal battle with former partner and longtime Big Law China practitioner Jinshu (John) Zhang, according to federal court documents filed this week, after Zhang and the global mega-firm clashed over client fees.
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Walmart Inc’s Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation into their business practices, according to sources and a legal filing viewed by Reuters.
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Top Glove Corporation’s plan to list in Hong Kong and raise up to $1 billion has been delayed as the world’s largest rubber glove maker seeks to resolve a U.S. import ban on its products, sources with direct knowledge of the matter said.