Month: November 2023
HHQ appoints Ong Johnson and Lo Khai Yi to spearhead the launch of its new Technology Group
Halim Hong & Quek (‘HHQ’), the Malaysian law firm member of Andersen Global, has appointed Ong Johnson and Lo Khai Yi as joint heads of its newly launched Technology Group. The group is set up to collaborate closely with clients, aiding them in navigating legal, regulatory, […]
Carey Olsen advises Lightspeed Faction on launch of blockchain venture capital fund
Carey Olsen’s investment funds team in Hong Kong SAR has advised Lightspeed Faction Ventures, LLC (Lightspeed Faction) on the launch of Lightspeed Faction Fund I, LP, a US$285 million closed-ended venture capital fund focused on early-stage blockchain opportunities. The fund is a collaboration between Lightspeed Venture Partners (Lightspeed) […]
United Arab Emirates Legal Update – New Commercial Agency Law
UAE has introduced new Commercial Agency law i.e., Federal Law No. (3) of 2022 for regulating Commercial Agencies. The said law came into effect on June 16, 2023. The law is based on the principle of autonomy/will and the contract is pacta sunt servanda (agreements must […]
The Power of AI in Law: The Rise of AI in Legal Systems in Asia
Given its historical reliance on custom and convention, the legal industry might appear unlikely to undergo a significant AI revolution. However, the era of legal technology is here. AI has the unmatched potential to revolutionise the legal field in terms of efficiency, accuracy, and accessibility. This […]
India – Economic Growth Forecasts Improve
The economic growth prospects for India have seen some upward movements in the recent reports published by international financial institutions. The detailed coverage by the World Bank is insightful and captures some of the key elements which have contributed to the current or proposed growth. There […]