20 MAY 2021 Top 10 Headlines | ASIAN LEGAL BUSINESS, REUTERS Davis Polk & Wardwell and Assegaf Hamzah & Partners are advising Indonesian ride-hailing and payments firm Gojek on its planned merger with the country’s e-commerce leader Tokopedia, which is being represented by Allen & Overy.
According to Reuters, the merger will create a multi-billion-dollar tech company called GoTo in Indonesia’s largest-ever deal. The combined entity, which will span online shopping, courier services, ride-hailing, food delivery and other services in Southeast Asia's largest economy, will be the biggest privately held technology firm in the region, Reuters added. Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Former Skadden, Arps, Slate, Meagher & Flom capital markets partner Christopher Betts has left the firm to become general counsel at Grab Holdings Inc, the largest ride-hailing and food delivery firm in Southeast Asia. Full Article |
| Morrison & Foerster has brought on board litigation expert Takahiro Nonaka as a partner in Tokyo from DLA Piper. Full Article |
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| In this listing, ALB will pick the most highly recommended private-practice lawyers based permanently in India
Please email Aparna at aparna.sai@thomsonreuters.com should you have any queries. Full Article |
| We’ve been really busy with new Cayman regulation relating to changes that impact the operation of Cayman private funds and mutual funds. A lot of these changes have been for the better of the Cayman funds product, which is in excellent shape to continue to provide managers and investors with a very strong platform for their new funds. We have also seen a flood of Cayman SPAC work in Hong Kong; these offerings are incredibly hot now in the Asian market. It will be interesting to see this market evolve over the next 12-18 months, particularly if we see some SPACs unable to invest the capital they have raised. Full Article |
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| We are now accepting submissions for the ALB India Top Intellectual Property Lawyers 2021.
Please fill in the form and direct submissions to Aparna Sai at aparna.sai@thomsonreuters.com no later than October 29, 2021. Full Article |
| Indian law firm Khaitan & Co has announced plans to open an office in the southern metropolis of Chennai. It will be the firm’s fifth domestic branch, and the announcement comes on the heels of its plan to establish its first international outpost in Singapore. Full Article |
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| We are now accepting submissions for the ALB India Top Disputes Lawyers 2021. Full Article |
| Two Delhi-based lawyers have recently passed away after contracting the coronavirus: Sundeep Dudeja, a partner at L&L Partners, and Ajoy Halder, who founded Halder & Associates. Full Article |
| Virtual law firm FisherBroyles announced Tuesday that it has cracked the Am Law 200, saying it's the first non-traditional, so-called distributed law firm to rank among the top 200 highest-grossing U.S. firms. Full Article |
| Shardul Amarchand Mangaldas has advised Indian food-delivery app Swiggy on its $800 million fundraising round, which now values the company at $5 billion, with AZB & Partners representing Qatar Holding, one of the investors. Full Article |
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