Asia-Pacific

The latest legal news and analysis from law firms across the Asia-Pacific region

News

Perth

Clifford Chance’s Perth head decamps for Norton Rose Fulbright

Clifford Chance’s Perth managing partner has left the firm for Norton Rose Fulbright in the latest high-profile exit from the magic circle firm’s Australian office. Paul Lingard, a partner in Clifford Chance’s mining group, is moving over to Norton Rose Fulbright, alongside Herbert Smith Freehills executive counsel Miriam D’Souza. She too is joining Norton Rose’s corporate […]

CMS bulks up in Hong Kong with eight-lawyer team hire

Months after agreeing a new tie-up in Hong Kong, CMS has increased lawyer headcount in the region after snaring an eight-lawyer team from RPC. Partners Andrew Horton and Steven Wise are leading the move to CMS, which earlier this year struck up a new association with Hong Kong firm Shirley Lau & Co increasing its capacity to offer […]

Beijing

Cooley bulks up Beijing office with Kirkland hire

Cooley is beefing up its Beijing office with newly-appointed partner Henry Yin from Kirkland & Ellis. Yin was previously a Hong Kong partner at Kirkland & Ellis, which he joined in 2014, and started his career at Skadden Arps Slate Meagher & Flom’s New York office in 2009. He deals with corporate matters such as […]

Darren Roiser, King & Wood Mallesons, litigation, Hot 100

KWM aims for London fightback with management shakeup and new offices

King & Wood Mallesons (KWM) has named Darren Roiser as its new managing partner in London and taken on new space in the Walkie-Talkie building. Roiser, who featured in The Lawyer’s Hot 100 this year for his work helping KWM staff affected by its collapse in ther UK, will serve a three-year term as head of the […]

Reed Smith bets on Singapore growth with office move

Reed Smith has announced its move to a new office in Singapore, the latest in its increasing expansion in Southeast Asia. The law firm has moved its Singapore hub to a bigger space located inside the Ocean Financial Centre building in Raffles Place to accommodate an ever-increasing team as part of a long-term commitment to […]

London

Clydes leads as Cheesegrater 2 gets go-ahead

Clyde & Co is advising Hong-Kong based developers Lai Sun Development Company in the construction of 100 Leadenhall – a skyscraper that is set to be London’s third tallest tower. Real estate partner Martin Quicke, who specialises in advising property companies and overseas investors from Hong Kong and South east Asia, is leading for Lai […]

Beijing

Dentons Beijing managing partner exits for Orrick

Dentons former Beijing head Sarah Zeng is leaving the firm after six years to join Orrick, in a move that is set to bolster the latter’s Asia M&A and private equity practice. Before working at Dentons, Zeng was general counsel of Hong Kong-listed Weichai Power, China’s largest engine manufacturer; and vice president and country manager […]

sydney

Litigation funding war: Australia class action could signal UK trend

Last week, an Australian judgment picked Quinn Emanuel Urquhart & Sullivan’s sparring partner in the upcoming class action against embattled startup GetSwift. GetSwift, a fast-growing software startup under fire over allegations of misstated profits and accounts, called on Sydney-based Quinn partner Michelle Fox to represent it during these proceedings. Unusually, it was the choice of […]

China

Freshfields hires KWM “rising star” to join management in China

Freshfields Bruckhaus Deringer has hired King & Wood Mallesons (KWM) Beijing partner Hazel Yin to co-head the competition practice in China. Yin has worked at KWM for most of her career, and was promoted to partner in February 2013. In her new role, she will work alongside China co-head Ninette Dodoo. At KWM, Yin built […]

Shanghai urban network - Stock image China - East Asia, Shanghai

Linklaters gains China law capability through best friends tie-up

Linklaters has become the latest firm to secure Chinese law capability, sealing the deal for joint operations with Shanghai-based boutique Zhao Sheng. Following government approval, Linklaters becomes the first magic circle firm to take advantage of the Shanghai free trade zone scheme (SFTZ), building on the relationships it has already established in the region. The firm struck up a […]

Hong Kong

CMS agrees Hong Kong tie-up with local firm

CMS Hong Kong has entered into an association with new firm Shirley Lau & Co, providing the firm with local law capabilities in the region. The group is formed of members of Troutman Sanders’ Asia offices, including partner Shirley Lau and seven other senior corporate and litigation associates. Earlier this year, Troutman confirmed it would be pulling out of […]

Analysis

Picture showing data streams over robotic head to illustrate legal tech experts and law firm technology

The Asian law firms investing in legal technology

In a highly competitive and low-growth market, firms are increasingly turning to technology and innovation to stay ahead of competition while boosting efficiency and profitability. Asia-based firms are no exception. Those in Australia and Singapore, where growth has been harder to achieve, are leading the charge. Over the past few years, ‘legal hackathon’ and ‘design […]

Featured Briefings

Kazakhstan: China’s Belt and Road initiative and opportunities for Islamic finance

By Shaimerden Chikanayev Kazakhstan has high ambitions in China’s Belt and Road initiative (BRI) as it is geographically an ideal junction between China and the west. There may, however, be some roadblocks for the BRI’s projects in Kazakhstan. It is therefore important to examine past experiences in order to be able to predict what legal […]

Blockchain roundtable: addressing the regulatory challenges of disruptive innovation

The Blockchain Research Institute (BRI) recently gathered nearly 70 global leaders in finance, law, government, academia and innovation for a special roundtable discussion that explored the challenges surrounding blockchain regulation. Usman Sheikh, Gowling WLG partner and National Head of the firm’s Blockchain & Smart Contract Group, co-led the forum with blockchain pioneer and co-founder of BRI Don Tapscott, […]

Kazakhstan introduces new ‘Squeeze-Out’ mechanism for major shareholders

On 2 July 2018, Kazakhstan adopted the Law No. 166­VI “On amendments and changes to certain legislative acts of the Republic of Kazakhstan on Insurance and Insurance Activities, the Securities Market” (the “Law”). The Law entered into force on 15 July 2018 (with the exception of certain provisions, which will come into force later). Among […]

The law on Russia’s counter-sanctions against the USA and other states came into force

On 4 June 2018, the Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and(or) other Foreign States’ (hereinafter – the ‘Law’) was published and came into force. The Law provides for the right of the Government of the Russian Federation (RF Government) based on the decision of the President […]

Simplification of the procedure for state registration of medicines in Russia

On 17 May 2018, amendments to the Federal Law ‘On the Circulation of Medicines’ (hereinafter – the ‘Draft Law’), which simplify the procedure for registration of medicinal products for foreign manufacturers of medicines, were adopted in the third final reading. According to the amendments are aimed to shorten the terms for accessing by medicines the […]

Russia’s counter-sanctions against the USA – the draft federal law

On 16 April 2018, the Council of the State Duma approved for consideration the draft Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and (or) other Foreign States’ developed by a group of deputies (hereinafter – the ‘Draft Law’). According to the explanatory note, the Draft Law is developed […]

Registration of medical devices in Russia: Recent changes

The Government of the Russian Federation by its Resolution No. 633, dated 31 May 2018 introduced changes to the Rules for the State Registration of Medical Devices approved by Resolution of the Government No. 1416, dated 27 December 2012 (hereinafter – the ‘Registration Rules’). The changes are aimed at reducing the timing of state registration […]

New support measures for manufacturers of medicinal products in Russia

Resolution of the Government of the Russian Federation No. 572 dated 12 May 2018 introduced amendments to Resolution No. 1289 dated 30 November 2015 that establishes restrictions and conditions for admission to the procurement for state and municipal need of medicinal products included in the list vital and essential medicines (VEM) originating from foreign states…

New procedure for qualification of foreign financial instruments as securities in Russia

On 21 April 2018, the Instruction of the Central Bank of the Russian Federation No. 4561-u dated 3 October 2017, which establishes a new procedure for qualifying foreign financial instruments that have been assigned with the security identification code (number) (ISIN code) and the international classification code of financial instruments (CFI code), as securities (‘Procedure’). […]

Customs duties for certain goods originating from the United States are increased in Russia

On 23 March 2018, the United States of America introduced a special protective measure in the form of increased customs duties on imports for steel and aluminium products, including those originating from the Russian Federation. Pursuant to the World Trade Organisation (WTO) rules, a WTO member state affected by special protective measures shall have the […]

Consent to personal data processing: Practice of Roskomnadzor and Russian courts

On 31 July 2018, the Federal Service for Supervision in the area of communications, information technology and mass communications (Roskomnadzor) held a traditional Open Day coincided to the anniversary of adoption of the Federal Law No. 152-FZ ‘On Personal Data’ (‘Personal Data Law’). The Deputy Head of Roskomnadzor Mr. Pankov told about Roskomnadzor’s attitude to […]

Changes in the Russian currency law: Repatriation of currency proceeds

On 29 July 2018 several Federals Laws were signed off amending the Federal Law ‘On Currency Regulation and Currency Control’ as follows: Federal Law No. 246-FZ introduced additional cases when a resident (an individual or legal entity deemed as the resident of the Russian Federation for currency control purposes) is deemed to have fulfilled the […]

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