Other News CLOSING SOON: ALB Asia Top 15 ESG Law Firms 2024 ALB's Asia Top 15 ESG Law Firms list will showcase firms that offer excellent legal services, address ESG concerns, and promote long-term success. DOWNLOAD FORM HERE Deadline: March 29, 2024 India’s CAM launches in ‘global hub’ Abu Dhabi Indian legal giant Cyril Amarchand Mangaldas has set up its second international office in the Abu Dhabi Global Market (ADGM) international finance centre in the United Arab Emirates. First Up with ALB: A Newsletter by Asian Legal Business Enjoy newsletters? Try ALB’s new LinkedIn newsletter, bringing you nuanced analysis from top legal voices across Asia every fortnight Singapore’s RHT hires corp partner from SH alliance firm Singapore law firm RHTLaw Asia has bolstered its corporate and capital markets capabilities with the addition of partner Parikhit Sarma from Stephenson Harwood’s local alliance firm, Virtus Law. IPO landscape: The lure of tax benefits to the companies [Brought to You by Lakshmikumaran & Sridharan] The year 2023 has been a special year for Initial Public Offerings (IPO) in India as activity slowed in other major markets across the globe. India has seen a surge in IPOs, as more and more companies including starts ups are raising capital from the primary market. A company may choose to structure the IPO as (i) a fresh issue, (ii) an Offer for Sale (OFS), in which existing shareholders sell a portion of their existing shareholding in the company to the public, or (iii) a combination of a fresh issue and an OFS. OFS offers an exit for early investors in the company. Also, generally post the IPO, the employees also get an opportunity to liquidate the shares allotted to them by the companies against the Employee Stock Option Plans (ESOP). CLOSING SOON: ALB Asia Top 15 Chief Compliance Officers 2024 ALB to release first-ever Asia's Top 15 Chief Compliance Officers list - highlighting exceptional leaders at the forefront of compliance in the region. DOWNLOAD FORM HERE Deadline: March 29, 2024 SAM, HSF guide BAT’s $2.1 bln ITC share sale Indian law firm Shardul Amarchand Mangaldas & Co and Herbert Smith Freehills have guided British American Tobacco (BAT) on its $2.1 billion strategic divestment in Indian tobacco giant ITC. SURVEY OPEN: ALB Offshore Client Choice 2024 ALB annually selects top offshore lawyers in Asia based on client feedback. SURVEY LINK HERE Deadline: March 31, 2024 IndusLaw adds three disputes partners in Delhi from Luthra Indian law firm IndusLaw has bolstered its disputes capabilities in the National Capital Region (NCR) with the addition of partners Divij Kumar, Amrita Tonk, Abhimanyu Kampani, along with four associates, from Luthra and Luthra Law Offices. CLOSING SOON: ALB India Top PE/VC Boutique Firms 2024 Small Indian law firms compete with larger players in the PE/VC industry by offering expertise, efficient handling, and personalised attention at competitive fees. DOWNLOAD FORM HERE Deadline: April 1, 2024 SAM, JSA, Trilegal advise on $300 mln Bharat Highways InvIT IPO Shardul Amarchand Mangaldas has advised the sponsor, investment manager and Bharat Highways InvIT (infrastructure investment trust) on its $300 million initial public offering in India, with J. Sagar Associates advised the lead managers. India’s Precept forms UAE alliance with Ahmed AlRaeesi Five-partner Indian law firm The Precept Law Offices has formed a strategic alliance with Dubai-based Ahmed AlRaeesi Advocates and Legal Consultants to serve clients in India and the United Arab Emirates. CLICK HERE TO READ MORE NEWS ON THE ALB WEBSITE |