Other News Trilegal snaps up four partners in Mumbai, Bengaluru Indian law firm Trilegal has expanded its capital markets and banking capabilities with the addition of four equity partners across Mumbai and Bengaluru, taking its total partner strength to 130. US law firm Dechert considering shuttering offices in Hong Kong, Beijing, say sources U.S.-founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, becoming the latest foreign firm to scale back in Greater China, two people said, amid a prolonged capital market downturn and growing Sino-U.S. tensions. Khaitan boosts employment group with IndusLaw partner duo Indian law firm Khaitan & Co has bolstered its employment practice with the addition of two partners from IndusLaw. Avik Biswas joins in Bengaluru, while Vaibhav Bhardwaj joins the firm in Delhi. Hong Kong commercial law hub allure damaged by foreign judges row, lawyers say The resignations of two British judges from China-ruled Hong Kong's highest court not only raise concerns about the rule of law, some lawyers and experts say, but will further undermine confidence in the city's broader commercial legal sector. Mumbai: CAM snaps up Trilegal banking pro Indian law firm Trilegal has seen a rare recent partner departure, with banking expert Pranav Sharma rejoining Cyril Amarchand Mangaldas as an equity partner in Mumbai. ALB Conversations: Anom Sedayu, Vice-President Legal, PT ASDP Indonesia Ferry Anom Sedayu, Vice-President Legal at PT ASDP Indonesia Ferry (Persero), talks about how risk is not limited to just legal risk, why general counsel need to be more sensitive to their company's day-to-day operations, and what trend will have the biggest impact on in-house roles going forward. EDITOR'S NOTE: If you're a general counsel based in Asia who'd like to be featured in this series, please email [email protected]. Third Country Invoicing under FTAs - Has the JNCH mitigated the concerns of Trade and Industry? [Brought to you by Lakshmikumaran Sridharan attorneys] This article discusses the impact of the recent Public Notice No. 55/2024 dated 24.06.2024 issued by the Commissioner of Customs, NS-III, JNCH, Nhava Sheva which prescribes guidelines for verification of Country-of-Origin Certificates (“COO”) issued under various Preferential Trade Agreements/Free Trade Agreements (“FTAs”) and involving third-country invoicing transactions. This Public Notice No. 55/2024 was issued superseding an earlier Public Notice No. 33/2024 dated 20.03.2024 on the same issue against which the industry at large had raised concerns. White & Case grows Tokyo funds practice with 2 more hires from Links Global law firm White & Case has announced the expansion of its investment funds practice in Tokyo with the additions of Sayako Shiraki as local partner and Hiroto Nakayama as counsel. Both were managing associates at Linklaters. Reed Smith, Freshfields, Kirkland on Henlius’ $691 mln take-private deal Freshfields Bruckhaus Deringer is representing Hong Kong-listed biotech company Henlius on its $691 million take-private deal offer from Shanghai Fosun New Medicine Research Company, which is being advised by Reed Smith. Portugal’s Melo Alves, Macau’s LS Lawyers in cooperation agreement Macau law firm LS Lawyers has entered into a one-year cooperation agreement with Lisbon-headquartered litigation boutique Melo Alves, which will provide the Macau outfit with training in various legal fields in Portugal. BCI set to open Indian legal market to UK firms The Indian legal market is set to open to UK law firms by the end of July, following a closed-door meeting in London on Thursday comprising core members of the Bar Council of India (BCI), the Bar Council of England and Wales, and the UK’s Law Society. Recent Trends and Developments in Indian Corporate Litigation: Implications for Future Cases [Brought to you by Stratage – Law Partners] In recent years, there has been a notable increase in the use of alternative dispute resolution methods in corporate litigation in India, particularly in cases involving insolvency and bankruptcy. There is also a growing emphasis on structured and specialised mechanisms for resolving cross-border corporate disputes. These trends indicate a shift towards more efficient, specialised, and structured approaches to corporate litigation in India. CAM gets first resident partner in new Abu Dhabi office Indian law firm Cyril Amarchand Mangaldas has brought back corporate and M&A specialist Himanshu Chahar as director of corporate transactions in its recently opened Abu Dhabi office. He becomes the office’s first partner-level hire. A conversation with Nine Yards Chambers LLC, one of 2024 ALB Southeast Asia Law Awards finalists [Brought to you by Nineyards Chambers LLC] Nine Yards Chambers LLC has achieved notable recognition as a finalist at the 2024 ALB Southeast Asia Law Awards. Their success is attributed to a strong core team, emphasis on advocacy, and unique approach to nurturing young talent. SG boutique Joyce A Tan gets two new directors Singapore law firm Joyce A Tan & Partners has announced the appointment of two new directors, Wendy Lee and Frederick Tay, strengthening its corporate offerings. SUBMISSIONS OPEN: ALB Asia 40 Under 40 2024 ALB Asia is seeking submissions for its 40 Under 40 list, featuring accomplished lawyers in Asia under 40. Mainland China and Australia/New Zealand submissions not accepted. DOWNLOAD FORM HERE Deadline: July 26, 2024 More hires for JSA as IndusLaw Delhi disputes team moves over Indian law firm J. Sagar Associates has continued its aggressive expansion in 2024 by adding another disputes team, this time a four-lawyer group from IndusLaw in Delhi led by partner Padmaja Kaul. CC acts on $870 mln HK telecom infra deal Magic Circle law firm Clifford Chance has advised China Merchants Capital (CMC) on its $870 million investment for a 40 percent stake in the fibre assets of HKT Trust & HK, a subsidiary of Hong Kong telecom group PCCW. Addleshaws grows SG office further with Reed Smith hire UK law firm Addleshaw Goddard has added its second lateral partner in Singapore in a matter of weeks after hiring corporate expert Matt Gorman from Reed Smith. A Conversation with ARMA Law, one of ALB Asia's Top 15 ESG Law Firms 2024 [Brought to you by ARMA Law] As ESG issues take a front seat in business decision-making across Asia, law firms play a crucial role advising companies on how to navigate increasingly complex compliance requirements and mitigating emerging risks. As regulatory landscapes around ESG evolve rapidly, ALB recognises ARMA Law, one of the 15 law firms that are delivering outstanding legal counsel in this area. SUBMISSIONS OPEN: ALB India Top Corporate/M&A Boutique Firms 2024 India's Corporate/M&A sector is witnessing the emergence of boutique firms, offering specialised expertise and tailored solutions at competitive fees. Submissions are welcome from firms with 10 or fewer partners using the attached form. DOWNLOAD FORM HERE Deadline: August 5 2024 SUBMISSIONS OPEN: 2024 South India Top 15 Law Firms South India's economy is booming, driven by the tech sector and real estate. The South India Top 15 Law Firms ranking honours firms shaping this growth. Selection is based on industry knowledge, news analysis, and public data. Firms must be headquartered in or have a substantial presence in Bangalore, Hyderabad, Chennai, Visakhapatnam, Coimbatore, or Kerala to be considered. DOWNLOAD FORM HERE Deadline: August 9, 2024 SUBMISSIONS OPEN: 2024 South India Top Rising Lawyers The South India Top 15 Lawyers ranking aims to showcase accomplished legal professionals. Nominees must be practicing law in specific locations and be under 40 years old as of October 1, 2024. Submissions are encouraged. Deadline for submissions is August 9, 2024. Please send submissions to [email protected]. DOWNLOAD FORM HERE Deadline: August 9, 2024 CLICK HERE TO READ MORE NEWS ON THE ALB WEBSITE |