Asia-Pacific

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

News

Stewarts adds firepower in tax disputes with partner hire

Stewarts has brought in three new lawyers, including one partner, to boost its tax litigation and investigations team. James Le Gallais has joined the firm as a partner from Peters & Peters. He already has significant instructions in commercial tax litigation, including the multi-million-pound action against funding company Ingenious Media. Le Gallais will bring expertise […]

Hong Kong

K&L Gates’ Hong Kong headache continues in battle over ex-partner fraud

A deputy judge in Hong Kong’s Court of First Instance has slammed K&L Gates’s request for documents as “vague”, “inconsistent” and “convoluted” in an ongoing fraud dispute involving a former partner. A judgment dated 29 March shows that the US firm requested a number of documents, including some protected by confidentiality agreements, in a bid […]

Mayer Brown targets corporate with Hogan Lovells Asia hire

Mayer Brown has hired Hogan Lovells corporate partner Steven Tran as it continues to flesh out its corporate practice in the city. Tran was a partner at Kirkland & Ellis prior to joining Hogan Lovells in 2014 and his practice is focused largely on corporate & securities, private equity and M&A. Last year he led […]

Seoul

Shearman delivers on Seoul promise with office launch

Shearman & Sterling is relocating three of its lawyers to South Korea as the firm opens an office in the country’s capital, Seoul. Partner Anna Chung will lead the team, having worked in Shearman’s project finance and development teams across London, Shanghai and Singapore for the past 13 years. She was made a partner in […]

Cooley hires Skadden partner for Hong Kong launch     

Cooley is in the process of expanding its Asia presence, with the firm hiring a Skadden Arps Slate Meagher & Flom partner to spearhead its planned Hong Kong launch. Cooley has hired Skadden partner Will Cai in Hong Kong. Cai was made up at Skadden in 2014 and has a focus on China-related capital markets […]

Hong Kong

Ropes quartet defects to White & Case in Hong Kong

A four-lawyer private equity team led by partner Daniel Yeh has left Ropes & Gray’s Hong Kong office for White & Case. Yeh, who joined Ropes from Weil Gotshal & Manges in 2015, is to be appointed head of PE for White & Case in Asia Pacific. He is taking a team of three; Ropes […]

Bakers adds to M&A bench with White & Case hire

Baker McKenzie has poached another lawyer from White & Case, its fourth hire from the US firm in the space of under a year, as it seeks to pursue its transactional growth strategy. Peter Lu joins Bakers as a partner and head of the firm’s China group in London. He was previously a counsel in White […]

Hong Kong

Shearman’s sole HK corporate partner exits for Hogan Lovells

Shearman & Sterling’s Hong Kong office has seen another partner exit, as its only corporate lawyer Stephanie Tang jumped ship to Hogan Lovells. Tang has joined Hogan Lovells’ corporate practice as a partner in Hong Kong. She focuses on M&A, private equity and capital markets transactions and has experience in advising Chinese companies and private […]

hong kong

Expansive New Law provider Elevate gains 24-hour coverage with latest acquisition

The latest in a string of non-stop purchases, alternative legal services provider Elevate has finalised another acquisition that will this time boost the company’s expansion into the Asia-Pacific market. Elevate is taking on Hong Kong-based flexible lawyering service Cognatio Law, which was launched in Hong Kong in February of last year to accomodate the local need for […]

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

India: Telecoms regulator amends licensing laws

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Registration of medicines in the Eurasian Economic Union

At the Pharmaceutical Forum of the EAEU and CIS countries held in Moscow in late February 2018, the Director of the Department of Technical Regulation and Accreditation of the Eurasian Economic Commission (EEС) said that the full-scale work on registration of medicines using the unified information system of the Eurasian Economic Union (EAEU) will start […]

India: a farewell to book value-driven shares valuation

Currently, Income Tax Act, 1961 (IT Act) provides for imputing income in the hands of the transferor/transferee if the transaction of transfer/receipt of unquoted shares is not at fair market value (FMV). As far as the recipient is concerned, when a person receives, inter alia, unquoted shares of a company for a consideration which is […]

India: PCE for bonds rationalised

On 18 May the Reserve Bank of India issued a circular on ‘Partial Credit Enhancement to Corporate Bonds’ which rationalises the existing “Guidelines on Partial Credit Enhancement to Corporate Bonds by Banks”… …The introduction of two ratings by the Circular will provide comparable rating statistics for the bonds, thereby offering more comfort to the banks. […]

Asia Pacific 100 2017

The Asia Pacific 100 2017 report consists of 80 pages of exclusive data and analysis on the region’s 100 largest firms. It is the most comprehensive guide to the top legal advisers in the region’s key markets. It provides useful information for international firms that are looking to expand into the region or seeking to […]

India: welcome rule change on medical devices

On 31 January 2017, the Ministry of Health and Family Welfare notified the Medical Devices Rules, 2017 (Rules) under the Drugs and Cosmetics Act, 1940 which would come into effect from 1 January 2018… …The Rules come as a welcome move by the Government, as it seems to remove the manufacture, import and distribution of […]

India – start-ups can issue convertible notes

On 10 January 2017, the Reserve Bank of India (RBI) notified the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations 2016 (Amendment), amending the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations 2000 (Regulations)… … The Amendment opens up […]

China Elite 2016

Despite China’s economic growth having reached its slowest in 25 years last year, the country’s leading law firms continued their strong pace of revenue growth. The China Elite 2016 report singles out the top 30 firms by annual turnover and provides a year-on-year comparison on their results. This year, it also takes a special look at […]

China Elite 2016

Despite China’s economic growth having reached its slowest in 25 years last year, the country’s leading law firms continued their strong pace of revenue growth. The China Elite 2016 report singles out the top 30 firms by annual turnover and provides a year-on-year comparison on their results. This year, it also takes a special look at […]

Asia Pacific 150 2016

The Asia-Pacific 150, now in its fourth year, ranks the largest 100 locally-headquartered independent and 50 largest international firms by their regional headcount and looks at trends in the legal markets in key jurisdictions. The report provides an overview of the trends and important developments in Asia-Pacific from the standpoint of both local and international firms. As the […]

India: FDI liberalisation in the ARC sector

Close at the heels of the announcement made in the Union Budget in February 2016, the Government released Press Note 4 of 2016 dated 6 May 2016 (Press Note 4) liberalising foreign entry norms in asset reconstruction companies registered with the Reserve Bank of India (RBI) (ARCs) by allowing 100% foreign direct investment (FDI) under the automatic route in […]

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