21 NOVEMBER 2019 Top 10 Headlines | APARNA SAI The seventh edition of the ALB Korea Law Awards, held on Nov. 15 at Conrad Seoul, once again proved to be a grand success as it showcased the best of the country’s legal industry.
Kim & Chang walked away with six awards, the biggest haul of the night. The titles included the big one of the Refinitiv Award Korea Law Firm of the Year, along with the Korea Intellectual Property Law Firm of the Year and the Managing Partner of the Year (for Kye Sung Chung). Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| SoftBank Corp has announced plans to merge internet subsidiary Yahoo Japan with Korean messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival Rakuten and U.S. tech powerhouses. Full Article |
| Indian law firm Trilegal is bolstering its banking and finance practice with the hire of Joseph Jimmy, who will join the firm early next year as a partner in Mumbai from Cyril Amarchand Mangaldas. Full Article |
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| Uncertainty is the operative word for 2019. Uncertainty surrounds trade agreements, growth forecasts, interest rates and political manoeuvring. Unlike legal and tax changes which tend to cause a short-term reaction before becoming the new norm, these factors are unpredictable. And this uncertainty about the future bleeds into the world view, feeding stock exchange swings, currency fluctuations, IPO valuations and ultimately, the M&A market. Full Article |
| Channel Islands law firm Carey Olsen has hired litigator James Noble in Singapore to lead the firm’s litigation, insolvency and restructuring practice in Asia. Noble joins from offshore rival Harneys, where he was the managing partner of the Singapore office. Full Article |
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| Cyber risk, climate change and individual accountability have been named as the top three risks facing companies globally, according to a survey conducted by Clifford Chance and the Economist Intelligence Unit. Full Article |
| The British Virgin Islands (BVI) International Tax Authority (ITA) rules and explanatory notes on economic substance (the Rules) were published on 9 October 2019. Joshua Mangeot, Senior Associate at Harneys, summarises what BVI companies and limited partnerships should be doing now in view of the BVI economic substance requirements and the key deadlines involved. Full Article |
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| Herbert Smith Freehills, along with its Indonesian associate firm Hiswara Bunjamin & Tandjung, has advised Indonesia’s Pertamina Rosneft Pengolahan dan Petrokimia on the appointment of an engineering company to design a new $16 billion refinery in Indonesia. Full Article |
| Indian law firm IndusLaw has added Petrushka Dasgupta as a partner in its litigation and dispute resolution team in Mumbai from Haresh Jagtiani & Associates. Full Article |
| NXP inks $1 bln connectivity deal with help from AZB and Gibson, KWM advises on CEIEC's $500 mln privatisation scheme, and much more in this week's Asia Deals table. Full Article |
| Rouse picks new disputes leader for Asia, SAM takes in new finance expert from Veritas, and much more in this week's Asia Appointments table. Full Article |
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