Tag: Asia Pacific Legal News

Private equity invests in NewLaw firm Axiom: Commentary from Axiom’s CEO and APAC-region legal industry leaders

Axiom Law, one of NewLaw’s pioneering companies, both internationally and in Asia, has announced a new private equity investment from Permira, a major investor in LegalZoom.  The new investment comes after a recent planned initial public offering (IPO) was cancelled. As Thomas Allen details in Legal […]

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 […]

India: Stimulus to Slow the Slowdown

The Government finally took some recourse to revise the slowing India economy by introducing a stimulus economic package. The foreign direct investment limits were further liberalized to add possibly as part of the stimulus. The slowdown was now reported by Moody’s as well. The Personal Data […]

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 This Case Report was authored by Douglas Lam SC and […]

Appointment of Full Service, National Law Firm KSK Expands Alliott Group’s Presence in India

Full-service Pan India law firm King Stubb & Kasiva (‘KSK’) has agreed to join Alliott Group, one of the world’s fastest-growing alliances of law and accounting firms. The appointment enables KSK to offer a comprehensive range of legal services to the clients of Alliott Group member […]

Changes to the Thai Foreign Business Act with Certain Business Types Open to Foreign Operation

John P. Formichella Naytiwut Jamallsawat According to Thailand Foreign Business Act B.E. 2542 (FBA), there are 3 types of business activities that govern foreign participation in Thai commerce: List 1: Business Not Permitted to Foreigners List 2: Business Permitted to Foreigners under Conditions List 3: Business […]

India: Renewed Interest in Entry of Foreign Law Firms

The discussion around entry of foreign law firms in India was resurrected recently. The economic slowdown is now even more glaring with ADB and IMF further lowering their respective April 2019 growth forecasts, which, together with the forecasts reported by World Bank and Fitch last month, […]

Creating sustainable infrastructure development in Asia. An interview with Jeremy Saw, Director, General Counsel, InfraCo Asia

Jeremy Saw is Director and General Counsel of InfraCo Asia.  In this interview with Asia Law Portal, he explains the organization’s work, the current state of infrastructure development in Asia, the development of his career and the unique nature of his work as an infrastructure lawyer, […]

Vietnam – Proposed Solar Feed-In-Tariffs

On 3 May 2019 the Ministry of Industry and Trade of Vietnam (the “MOIT”) submitted to the Prime Minister a draft decision intended to replace Decision No. 11/2017/QD-TTg of the Prime Minister on mechanisms for the encouragement of development of solar power, dated 11 April 2017 […]

Dispute Resolution a Key Theme of Asian Infrastructure Investment Bank (AIIB) 2019 Annual Meeting in Luxembourg. An Interview with Peter Quayle, AIIB Chief Counsel, Corporate

The Asian Infrastructure Investment Bank (AIIB) is currently hosting its’ first annual meeting outside Asia, in Luxembourg (July 12-13, 2019).  The theme of the meeting is “Cooperation and Connectivity” – “in recognition of the economic and social benefits to be realized through better connectivity within and […]

Vietnam: Wind power barriers need removing

Vietnam’s latest and most comprehensive regulation on wind power development is expected to leave much room for improvement. Dr. Le Net (left), Le Thanh Hieu (middle), and Vo Phuong Thao (right), lawyers at LNT & Partners, provide their analysis of whether the changes will be sufficient […]

Lawyers and Accountants from Across APAC Region Gather in Shanghai to Discuss Growth and Collaboration

Lawyers and accountants from 11 countries were represented at Alliott Group’s APAC Regional Conference in Shanghai from 17-18 June 2019 The annual APAC Regional Conference for Alliott Group, an international alliance of 160 independent law and accounting firms in 65 countries, took place at the Mandarin […]

Asia and Europe are now each other’s leading trade partners

Asia and Europe are now each other’s leading trade partners, with $1.5 trillion in merchandise trade , overtaking their respective trade relationships with the United States, according to a study produced at the initiative of the European Union, as the World Economic Forum (WEF) reported.  As […]

You can’t have your cake and eat it: the progressive case of Dickson Valora Group (Holdings) Co Ltd and another v Fan Ji Qian [2019] HKCFI 482

This case involved 6 members from DVC By Rachel Lam, Terrence Tai and Jasmine Cheung In the recent innovative case of Dickson Valora Group (Holdings) Co Ltd and another v Fan Ji Qian [2019] HKCFI 482, the Court was faced with a groundbreaking application for an anti-suit injunction, whereby the Hong […]

Modi Returns While India’s FDI Falls

The people of India voted the incumbent Prime Minister Narendra Modi back to power with a thumping mandate in the general elections which concluded this month. The reforms and other initiatives of the current Government are expected to continue and pending legislations such as data privacy […]

View your sabbatical as a career booster and not a career break

It can be a scary prospect – the thought of stepping away from your deskbound duties and taking a sabbatical. You may question what your colleagues or management think or fear about this break in proceedings and how this will impact your career development. But having […]

Bend and Stretch: Make the most of your flexibility

So, you might have secured more flexibility in your working life, but what should you do with it? The benefits of a better work life balance have been espoused by many as the way to not only improve an individual’s life by allowing them more time […]

Asia’s economy remains the world’s growth engine, accounting for 62% of global GDP growth

According to a recent interview with BNP Paribas Economist Christine Peltier, “although confronting new challenges, Asia’s economy is still the world’s growth engine, accounting for 62% of global GDP growth.” Peltier highlighted the following developments: Emerging Asia (excluding Japan) grew by 6.2% in 2018, unchanged from the previous […]

Competition Bid-rigging in Hong Kong: tip of the iceberg?

What is the Hong Kong Competition Tribunal’s Approach in Dealing with Enforcement Actions Concerning Bid-Rigging and Market Sharing and Price Fixing? Find out in two landmark decisions handed down on 17.5.2019 under the new competition regime featuring 3 members from DVC including Catrina Lam, Connie Lee […]

Fast-Growing International Alliance of Law and Accounting Firms to Host Regional Conference in Shanghai

Themed ‘Together Towards Tomorrow’, Alliott Group’s APAC Regional Conference takes place from 17-18 June in Shanghai and will bring together senior and managing partners from some of the Asia Pacific region’s leading local law and accounting firms. Over two days, leaders from Alliott Group’s independent member […]

The Business of Law in India in 2019: Marketing, Innovation, Technology and Market Liberalization. An interview with Aman Abbas of Commwiser

Aman Abbas is Co-Founder & CEO, Commwiser, a Delhi-based consultancy focused on public relations and law firm marketing.  His two decades of experience in public relations and communications in professional services includes work with Amarchand Mangaldas, India’s largest Law firm and Big4 acccounting firm KPMG, as […]

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 […]