11 APR 2019 Top 10 Headlines | APARNA SAI The Hong Kong Government and the Supreme People’s Court of the People’s Republic of China have signed an agreement under which courts in each jurisdiction will now recognise and enforce interim measures in support of institutional arbitration seated in the other.
According to the agreement, any party with arbitral proceedings in Hong Kong may, before the arbitral award is issued, apply to the relevant Chinese courts for interim measures in relation to the arbitral proceedings in accordance with the relevant laws and regulations of the mainland. Such interim measures include preservation of assets, evidence and conduct. Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| The International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL), a global network of national associations for accountants and lawyers, who specialize in turnaround and insolvency, is opening its first international office in Singapore. Full Article |
| Seoul-headquartered Yulchon has named Yong Sup Yoon, Seok Hoon Kang and Hee Woong Yoon as the firm’s new managing partners. This marks the first time that the firm’s founders will not be involved in the firm’s leadership. Full Article |
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| Hong Kong is presently developing a new online dispute resolution (ODR) platform – called Electronic Business Related Arbitration and Mediation, or eBRAM – which aims to take much of the cost and hassle out of the arbitration process. Full Article |
| Dentons Rodyk & Davidson has successfully represented the Singapore- registered PNG Sustainable Development Program (PNGSDP) in its long-running legal battle against Papua New Guinea, which was represented by WongPartnership. Full Article |
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| Clifford Chance and Cyril Amarchand Mangaldas have advised Embassy Office Parks REIT on its 47.5 billion rupee ($690 million) initial public offering, the first by a real estate investment trust in India, with S&R Associates and Latham & Watkins acting as legal counsel to the lead managers. Full Article |
| U.S. dispute resolution firm Quinn Emanuel Urquhart & Sullivan has hired arbitration and ADR specialist Tony Andriotis as a partner from Hughes Hubbard & Reed, where he was a counsel, and the firm’s sole lawyer in the Japanese capital. Full Article |
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| Nishimura & Asahi and Ashurst have advised Nisshin Seifun Group and its subsidiary Nisshin Flour Milling on their $950 million acquisition of Allied Pinnacle from Pacific Equity Partners, which was represented by Gilbert + Tobin. Full Article |
| Mayer Brown has appointed M&A lawyer Sheng Wu as a partner in the firm’s corporate and securities practice in Hong Kong from DLA Piper. Full Article |
| Herbert Smith Freehills and Adnan Sundra & Low have advised Australian developer Lendlease on its securing of a 2.15 billion ringgit ($527 million) financing facility for a mixed integrated development in Kuala Lumpur, with Zul Rafique & Partners, Allens and Linklaters advising the lenders. Full Article |
| Arnold & Porter Kaye Scholer has hired arbitration specialist Jun Hee Kim as a partner in its newly launched Seoul office from Hyundai Heavy Industries, where he was a general counsel and executive vice president. Full Article |
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