Category: Capital Markets

Carey Olsen advises Beijing Energy International Holding Co. Ltd on $40 million green bond issuance

Carey Olsen’s corporate team in Hong Kong has advised leading global eco-development solutions provider Beijing Energy International Holding Co. Ltd (“Beijing Energy International”) on the Bermuda law aspects of a $40 million green bond issuance. Read More: Ten Years of Belt and Road – Noteworthy Experience and Legal […]

India’s Forex Reserves Swell

India’s foreign exchanges reserves saw a sharp increase to achieve the record for the highest peak till date.  Global rating agencies are also looking favourably towards India’s economic growth forecasts. The Government’s procurement portal is also contributing to growth and revenue generation. Read More: India’s legal […]

Carey Olsen advises Align Partners Capital Management on formation of latest fund 

Carey Olsen Hong Kong has advised on the Cayman Islands legal and regulatory aspects of the formation of Align Partners Korea Fund, Align Partners Korea (Non-US) Feeder Fund and Align Partners Korea (US) Feeder Fund (together, the “Fund”).   The Fund is sub-managed by Seoul-based Align Partners […]

The UAE Insurance Federal Decree No. 48 of November 2023. A Summary of the most significant changes

The United Arab Emirates (UAE) issued a new Federal Insurance Decree No. 48 (‘Decree No. 48 of 2023’) which was published in the UAE Official Gazette (Issue No. 762), the official periodical of laws and decrees issued by the UAE Federal Government,  on October 31, 2023. […]

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) […]

Singapore: An Emerging Legal Hub in Asia

Singapore, a small trading port turned thriving global business hub, is on the rise. With a strategic vision, innovative policies, and relentless ambition, this city-state has become a powerhouse in Asia. With its ascent, law firms are seeing Singapore as an emerging legal hub. The Economist […]

India economic progress: New Year New Beginnings

India economic progress brings new hope and optimism for 2023 after a recovery phase in the second half of 2022. It is aiming for a betterment from the past year. The expectation for improving economic progress is not totally unfound. While considering that the Indian economy […]

Saraf and Partners advised Carlyle Group in pre-IPO transactions with RJ Corp, SBI MF and Novo Holdings

Saraf and Partners advised Carlyle Group in a pre-IPO transaction involving sale of its partial stake in Global Health Limited to a clutch of three investors namely (i) RJ Corp Limited; (ii) SBI Funds Management Limited; and (iii) Novo Holdings. Global Health Limited, which operates and […]

Link Legal advised BeyondSeed in its seed investment in Goofy Tails Private Limited

Link Legal represented and advised BeyondSeed, a Singapore based fund, in its seed investment in Goofy Tails Private Limited. The Firm also worked alongside Chennai Angels, an angel investment group based in Chennai, for its investment in Goofy Tails in the same seed round. The ticket size of […]

Link Legal advised Doncasters Group of Companies in relation to the Indian element of its acquisition of Uni-Pol Group of Companies

Link Legal represented and advised Doncasters Group of Companies (“Doncasters”) in relation to the Indian element of its acquisition of Uni-Pol Group of Companies (“Uni-Pol”).  Read More: Aekom Legal, firm of 25+ practitioners formed by breakaway team from Vaish Associates Doncasters is a leading international manufacturer of high-precision […]

Funding Societies acquire CardUp’s entire shareholding – L and L partners acted for Sequoia  

The Firm recently advised Sequoia on sale of its entire shareholding in CardUp to Funding Societies, Southeast Asia’s largest SME digital financing platform. This forms a part of Funding Societies’ acquisition of CardUp’s entire shareholding.   Read More: L and L Partners advises L and T Finance Limited in connection with financial assistance […]

L and L Partners advises L and T Finance Limited in connection with financial assistance made available to a subsidiary of Renew Power Private Limited

Banking & Finance team at L&L Partners Law Offices advised L&T Finance Limited (the “Lenders“) in connection with financial assistance for an aggregate principal amount of INR 595,00,00,000 (approx.) made available to a subsidiary of Renew Power Private Limited for its operational wind power project located at Babaleshwarand Batkurki districts of Karnataka.  Read More: […]

L and L Partners acted for Bank of Baroda for funding of working capital requirements of OLA Electric

L&L Partners recently advised Bank of Baroda in connection with the funding of working capital requirements of Ola Electric Technologies Private Limited aggregating up to INR 616.00 Crore for its green field project for manufacturing two-wheeler vehicles at Krishnagiri District, Tamil Nadu with an initial capacity […]

L and L Partners advised ICICI Bank Limited on a re-financing transaction in relation to Rajiv Chowk and Gurugram National Highway – 248A

The Firm advised and acted for ICICI Bank Limited (“ICICI”) in connection with financial assistance sanctioned to Rajiv Chowk-Sohna Highway Private Limited for the purpose of re-financing part of existing secured indebtedness of the borrower company availed in relation to six-laning and strengthening of NH-248A from existing km 2.740 (Rajiv […]

L and L Partners acts on one of the largest projects financing transactions in the fertilizer sector in India

L&L Partners acted as lenders’ legal counsel for 3 separate consortiums of banks led by State Bank of India, in relation to the financial assistance in the form of term loan facilities and working capital facilities made available to Hindustan Urvarak and Rasayan Limited for the purpose […]

A lawyer helping facilitate trade and investment between Asia and Europe. An interview with Delphine Constantin

Delphine Constantin is the Founder and Managing Director of D Sy Law, where she helps facilitate trade and investment between Europe and Asia. In this interview with Asia Law Portal, she explains her practice and its network of offices and how she has adopted an innovative […]

All About NFTs and Art. Universal Legal – LawWiser

Know all the Jazz about NFT and Art in #LawWiser‘s fireside chat. Watch the full feature on All about NFTs and Art with with renowned artist and sculptor @Arzan Khambatta and @Anuradha Chowdhary, Tech Lawyer, @Universal Legal. Read More: Helping lawyers achieve business development success. An interview […]

5 Global best Practices Every GC Must Consider

Today as businesses expand, GCs are part of business development and strategies as well. Do you wonder what are the best practices that a General Counsel must follow to bring quality and seamless workflow to any organisation? Read More: Reed Smith launches Global Environmental Sustainability Plan […]

ONC TMT Influencer Joshua Chu Leaves for Group Chief Risk Officer Role at a Publicly Listed Blockchain Technology Company

ONC TMT litigator and legal influencer Joshua Chu is leaving the firm to join Coinllectibles™, the first publicly traded blockchain Fusion DOTs™ technology company on the US OTC Markets as the Group’s Chief Risk Officer. A Personal Brand For nearly three years, Joshua Chu has built […]

Singapore updates media and telecoms competition rules

To ensure that Singapore’s regulatory framework remains up to date with today’s ever- evolving technology and business landscape, the infocommunications and media regulator (IMDA) has issued a revised code of practice (the code) to govern fair competition and consumer protection in the broadcasting, newspaper and telecoms […]

SeedLegals hits £1bn in startup funding

LegalTech platform SeedLegals has reached a significant funding milestone, announcing it has closed over £1bn (1.25bn USD) in investments for its portfolio of startup customers. Read More: 30 women legal innovators in Asia to follow in 2022 Some of the most exciting disruptors including Qured, Oddbox […]

Singapore Monetary Authority to hold increased powers over technology risk management

The Singapore Financial Services and Markets Bill (FSM Bill) was moved for a second reading in Parliament on 4 April 2022. This follow-up alert focuses on the increased powers the Monetary Authority of Singapore (MAS) will have over technology risk management (TRM) under the FSM Bill.

Singapore announces sanctions against Russia

Singapore unveiled its sanctions against Russia on 5 March 2022. These focus on the control of exports of military and technological goods to Russia and financial measures against Russian banks, entities and activities. Authors: Hagen Rooke Leigh T. Hansson Calvin Chan Alexander Brandt Catriona Casha Michael J. Lowell Singapore Foreign Minister Vivian […]

Online Dispute Resolution platform Presolv360 raises $1.08 Million (INR 8.13 crores) in Seed Funding from MGA Ventures, Omidyar Network India, and others

The legaltech startup’s portfolio has grown 10X; and is one of the only ODR platforms to be enlisted by the Ministry of Law & Justice and empaneled by a High Court in the country

India Sees Slight Economic Recovery

The Indian economy fared better to slightly recover from recessionary situation in the past few months. There is optimism due to the impending launch of the vaccination drive after the Government grants emergency authorisation. This is reflected in improved forecasts by global institutions. There is significant […]

Asia Pacific M&A and Corporate Strategy amidst Global Market Dislocation

By Ken Koo, Managing Director at Citigroup and Deputy General Manager at Orient Securities Investment Banking Co.; with an introduction by Patrick Dransfield, Consultant at Asia Law Portal I first met Ken Koo when he delivered the Key Note Address at the ABA Section of International […]

India: Economic Growth Dips to Slowest in 26 Quarters

The Indian economy recorded its slowest growth in 26 quarters knocking in fears of a recession. While the Government denied this, the dipping growth rate continues to be the focus of global financial institutions. Foreign investment inflows increased compared to last year providing some hope and […]

India: Doing Business Ranking the only Face-Saver

India’s improvement in the World Bank’s Doing Business ranking is the only bright spot in a lackluster economy that desperately needs reassurance of a revival. It’s akin to the Diwali sparkle which lights up India around this time but belies the darkness for the rest of […]

Pros of sandbox regulation for fintech

With the development of the Fourth Industrial Revolution, the application of digital technologies for providing financial services has become the key driver in promoting financial inclusion. However, the industry’s growth will not only depend on investments, new technologies, or smartphone penetration, but will also require a […]

India: Will Corporate Tax Cut Revive Growth or Widen Fiscal Deficit

The mounting pressure of a sagging economy and sharp economic growth forecast reductions by global institutions, the Government of India announced significant tax relief to corporates. However, while this seemed to cheer the industry and may be a stimulus in the short term, experts have warned […]

Will discretion abide as long as the rules provide?

What you need to know about reopening a receiver’s fees after assessmentas confirmed in the novel case of Ho Chor Ming & Ors v Hong Kong ChiuChow Po Hing Buddhism Association Ltd [2018] 3 HKLRD 270 Introduction Shareholder disputes are commonplace. When a membership dispute arises, […]

Asian Infrastructure Investment Bank (AIIB) London bond issue solidifies the UK’s role in Asia’s development

The Asian Infrastructure Investment Bank (AIIB) raised 2.5 Billion (USD) from 90 bidders in 27 countries on a bond issue this week at the London Stock Exchange (LSE).  As Global Capital described it: “The AIIB placed itself among the very top supranational names in the capital […]

Bringing It All Back Home – Asia and The City of London – A legal and business conference – at The Law Society, 3 June, 2019

The legal and business conference “Bringing It All Back Home – Asia and The City of London”, will take place 3 June, 2019, at The Law Society of England & Wales Head Quarters in the City of London.  “Bringing It All Back Home”, supported by the Law […]

UK Chancellor cites the importance of British law firms to Belt and Road’s development

Speaking in Beijing at The Second Belt and Road Forum For International Cooperation on April 26, 2019, UK Chancellor Phillip Hammond re-committed the UK to “to helping to realise the potential of the BRI – and to doing so in a way that works for all whose lives […]

Petronas twin towers kuala lumpur

Common Reporting Standards – Impact in Malaysia and ASEAN

The Common Reporting Standards (“CRS”) aims to enable tax authorities to tackle offshore tax evasion by providing a greater level of information on their residents’ wealth held abroad. As a party to the Convention on Mutual Administrative Assistance in Tax Matters, Malaysia already has laws in […]

Asian legal market Bukchon hanok village, south korea

5 Trends to watch in the Asian legal market in 2015

5 key trends appear to be shaping the Asia-Pacific Region’s legal markets in 2015 and are worth paying close attention to as the year progresses.  Here they are: Increased M&A Activity In an interview this week, Herbert Smith Freehills (@HSFlegal) Partner Rebecca Maslen-Stannage discussed the strength of M&A […]

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Asia-Pacific remains Australia’s largest regional export market

The growing importance of the Asia-Pacific Region for international law firms is confirm again in a new study. The Law Council of Australia conduct this study. The study — with the title Fourth Legal and Related Services Export Survey‘. And Australia-based legal business development professional Richard Smith […]

Istanbul turkey

Japan and Turkey seizing the potential for growth

Diplomatic and trade relationships between Japan and Turkey have continuously developed since the 19th century. Despite these longstanding links, the economic relationship between the two states did not evolve sufficiently until late twentieth century. In the 1980’s, a consortium involving Japanese firms constructed the Fatih Sultan […]

Marina bay sands singapore

Asia-Pacific M&A activity high, characterized by intra-regional deals

LegalWeek.com reported this week that “Deal flow and value in the Asia Pacific, excluding Japan, last year soared to its highest level since 2001, according to new data from Mergermarket.  The region saw 2,577 deal announcements in 2013 compared with 2,297 in 2012, marking a year-on-year […]

Myanmar’s first investment

Myanmar’s first investment bank reflects the region’s opportunity for professional services firms

The opening of the Myanmar economy to international trade and the democratization of the country has been widely reported around the world in recent months. As the New York Times reported: “After years of stagnation, change is coming to Myanmar at a rapid pace.  Since taking office […]