We are now accepting submissions for ALB Asia’s Rising Stars Indonesia list, which spotlights the next generation of the country’s lawyers. The list will be published in the March 2022 issue of ALB.
Unless China Evergrande Group takes quick steps for an orderly restructuring of its debt pile and steps up asset sales, its last-minute bond interest payment this week will do little to shore up creditors' support for the developer, analysts and lawyers said.
Investment banks and corporate advisors are pushing back against Hong Kong’s proposed rules for blank check listings, arguing they are too onerous and will not make the city competitive, three sources with knowledge of the matter said.
Dentons has grown its presence in the ASEAN region by combining with Vietnamese law firm LuatViet.
The 17th ALB Southeast Asia Law Awards celebrated the work done by leading law firms, in-house teams and individuals in the region in a virtual event that was held on Oct. 21.
In 2000, Asia’s share of global GDP was around 28%. In 2019, Asia generated nearly 40% of the world’s GDP and is now home to nearly 60% of the world’s population. According to McKinsey & Co, “Asia is on track to top 50% of global GDP by 2040 and drive 40% of the world’s consumption, representing a real shift in the world’s centre of gravity.”
This year, Ashurst joined the cohort of law firms establishing consulting businesses, citing client demand for legal-led consultancy services. Jamie Ng, global head of Ashurst Consulting, says the operation has already experienced rapid growth as it looks to reimagine the business of law.
Future Retail must take part in arbitration over a commercial dispute with Amazon.com, a Singapore arbitration panel ruled on Wednesday, rejecting the Indian retailer's bid to avoid the process.
[VIDEO] ALB Conversations: K Shanmugam SC, Minister for Home Affairs and Minister for Law, SingaporeBY Asian Legal Business |
In the past few years, Singapore has been building itself as a key dispute resolution hub for the region. Parties from around the world can now resolve their disputes in Singapore via a variety of methods and forums, including litigation at the SICC, arbitration at the SIAC, and mediation at the SIMC.
With China Evergrande Group's default deadline drawing closer, offshore bond investors in the property developer are pondering their legal options to safeguard their investments.
Mayer Brown said on Friday it had withdrawn from helping a Hong Kong university remove a statue honouring slain Tiananmen Square protesters after the firm's role sparked condemnation from human rights groups and U.S. politicians.