16 JULY 2020 Top 10 Headlines | ELIZABETH BEATTIE Even as Singapore sees tie-ups between international and local law firms coming under pressure, two major Japanese outfits have launched formal law alliances (FLAs) in recent weeks, eager to gain a deeper foothold in the market.
First, it was Japan’s largest law firm, Nishimura & Asahi, which entered into an FLA in Singapore with local practice Bayfront Law. Shortly after that, Anderson Mori & Tomotsune announced it was forming an alliance with DOP Law Corporation (previously known as David Ong & Partners). Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Kirkland & Ellis has boosted its debt finance practice group with the appointment of Manas Chandrashekar as a partner in Hong Kong from Latham & Watkins. Full Article |
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| With COVID-19 hitting companies financially, firms are likely to undergo restructuring by offloading business units as they look to generate cash. This is expected to result in a growing number of carve-out M&A deals. Laurence He, market head for China and Taiwan at TMF, speaks to ALB about the carve-out M&A landscape and how TMF is best-placed to help. Full Article |
| Magic Circle law firm Clifford Chance has launched new gender, ethnicity and LGBT+ targets both globally and regionally as part of an updated diversity and inclusion strategy. Full Article |
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| The much-awaited ALB Japan Law Awards is returning for its 16th edition this year, on September 24 with an all new format of celebration – virtual awards ceremony. The annual celebration will continue to give recognition to outstanding legal practitioners, top law firms and most important deals from within and around Japan. Full Article |
| The first case of Corona Virus Disease 2019 (“COVID-19”) in Indonesia was confirmed in early March of 2020. Since then, due to the rapid spread ofCOVID-19 among the Indonesian people, the Government of Indonesia (“GoI”) has issued new regulations as part of its efforts to stop the COVID-19 outbreak within the country, inter alia, (i) the Presidential Decree No.11 of 2020 concerning the Determination of Public Health Emergency regarding COVID-19 on 31 March 2020; (ii) the Government Regulation No. 21 of 2020 concerning Large-Scale Social Restrictions for Acceleration in the Handling of COVID-19 on 31 March 2020; and (iii) the Minister of Health Regulation No. 9 of 2020 concerning Guidelines on the Large-Scale Social Restrictions for Acceleration in the Handling of COVID-19 on 3 April 2020. Full Article |
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| The annual ALB Korea Law Awards is now open for submissions! Returning for its 8th edition, the award ceremony continues to recognise distinctive contributions of private practitioners and in-house counsel within Korea’s legal landscape. The ceremony will be held on Nov. 12 in Seoul. Full Article |
| One of my favourite books is “Tomorrow’s Lawyers” by Professor Richard Susskind, a prominent author and speaker specializing in the future of professional service and, in particular, the way in which the IT and the Internet are changing the work of lawyers. Full Article |
| The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or “PSBB”), requiring most businesses to cease or at least pare down activities. The Indonesian Chamber of Commerce and Industry stated on May 1, 2020, that the number of employee terminations due to the pandemic was approximately 15 million, not the 2 million reported by the Indonesian Ministry of Manpower and Transmigration. Full Article |
| Pinsent Masons has bolstered its transactional services group with the hire of Nicholas Hanna and Mark Tan as partners in Singapore from K&L Gates Full Article |
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