09 MAY 2019 Top 10 Headlines | APARNA SAI The Bar Council of Delhi has passed an interim order barring Big Four professional services firms EY Deloitte, PwC and KPMG from practicing law in India, according to media reports.
According to the Business Standard, the ruling was made following a complaint from Lalit Bhasin, president of the Society of Indian Law Firms, who said that "all these firms are actually accounting firms, however, they are engaged in doing law practice".
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| The Bar Council of Delhi has passed an interim order barring Big Four professional services firms EY Deloitte, PwC and KPMG from practicing law in India, according to media reports. Full Article |
| Singapore Big Four law firm Drew & Napier is set to welcome back litigation and arbitration specialist Siraj Omar SC. Omar will join Drew along with a team of eight lawyers from UK firm RPC’s local joint venture in Singapore on July 1. Full Article |
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| Singapore’s Ministry of Law (MinLaw) and Law Society (LawSoc), together with Enterprise Singapore and the Infocomm Media Development Authority (IMDA), have launched a S$3.68 million ($2.7 million) scheme to help local law firms adopt technology. Full Article |
| Kim & Chang, Korea’s biggest firm, has hired Youngjin Sohn as a senior foreign partner from Simpson Thacher & Bartlett, where he led the now-closed Seoul office. Full Article |
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| Big Four accounting firm Deloitte looks set to be banned for a few years in India over its alleged involvement in 91,000-crore-rupee ($13 billion) Infrastructure Leasing & Financial Services (IL&FS) scam, media reports say. Full Article |
| Indian law firm Argus Partners has hired corporate specialist Vinod Joseph as a partner in Mumbai from Global Infrastructure Partners (GIP), where he was India general counsel. Full Article |
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| U.S. law firm Sheppard, Mullin, Richter & Hampton closed its Beijing office in late March, ending a nearly eight-year run. Shanghai will now be the firm’s only office in Asia. Full Article |
| Addleshaw grows dispute practice with Locke Lord hire, Clifford Chance elevates eight to partnership ranks, and much more in this week’s Asia Appointments table. Full Article |
| Beijing-headquartered FenXun Partners has hired a team of eight lawyers, including two partners, in the capital. Partners Shirley Wang and Grace Chen and their team join from Zhong Lun Law Firm. Full Article |
| Davis Polk and Shearman advice on Mongolian Mining Corporation’s $490 mln notes offering, Allen & Gledhill works with CapitaLand on $5.6 bln MTN programme, much more in this week’s Asia Deals table. Full Article |
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