04 JUNE 2020 Top 10 Headlines | APARNA SAI The COVID-19 outbreak has severely disrupted normal life in Southeast Asia, forcing a big chunk of the region’s workforce to work from home, lawyers not exempted. But as the number of cases subsides in certain countries, and governments attempt to bring economies back on track, offices are beginning to reopen.
However, law firms say that given the potential for another spike in cases of this highly contagious disease, no reopening approach can be too cautious. Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Japan’s largest law firm Nishimura & Asahi has continued its global expansion push after entering into a new formal law alliance (FLA) in Singapore with local practice Bayfront Law. Full Article |
| During the tremendous growth of the Chinese economy over the last decade, corporates in China were easily able to obtain loans from banks and other financial institutions that were equally keen to advance credit, leading to a rapid rise in debt levels. Whilst the government sought to curb corporate debt by, among other means, restricting informal borrowing (also known as ‘shadow banking’), the slowdown in the economy in the last year or so and more recently following the outbreak of the coronavirus have yet again led to renewed policies to allow more loans and local government bond issuance. China’s debt to GDP ratio remains high, and with that, so is the level of non-performing loans. Full Article |
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| Singapore Big Four law firm Drew & Napier has entered into a collaboration with financial advisory firm Vanda Global Capital to facilitate efficient access to strategic advisory and legal services for companies in Singapore and around the world. Full Article |
| Now on its seventh year, the ALB Indonesia Law Awards will celebrate the outstanding contributions of law firms and in-house teams to Indonesia’s legal industry. To have more holistic, diverse and inclusive event, this year’s awards will feature new categories. Full Article |
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| The large law firm market has witnessed a growth in demand and rates, according to the Thomson Reuters 2020 Q1 Peer Monitor Economic Index (PMI), which showed a four-point increase, reaching a score of 57. Full Article |
| AZB & Partners has advised India’s Jio Platforms on its $1.5 billion sale of shares to global investment firm KKR, which was represented by Shardul Amarchand Mangaldas and Simpson Thacher & Bartlett. Full Article |
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| Baker McKenzie has hired private equity specialist Derek Poon as a partner in Hong Kong from Kirkland & Ellis where he worked for over eight years. Full Article |
| Submissions for ALB’s annual ranking of the best law firms for M&A in Asia are now open. Full Article |
| Skadden on JBIC’s $2 BLN transaction, Linklaters and Widyawan on PT Bank Negara Indonesia’s $2 BLN MTN, and much more in this week’s Asia Deals table. Full Article |
| Bakers grows Asian practice with two hires, LAW Partnership nabs IP specialist from Shearn, and much more in this week’s Asia Appointments table. Full Article |
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