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N&A, MHM, Skadden, STB guide JX Advanced Metal’s $3 bln Japan IPO
by  Nimitt Dixit

Nishimura & Asahi and Skadden Arps Slate Meagher & Flom are advising JX Advanced Metals on its upcoming 460-billion-yen ($3 billion) initial public offering, the largest listing in Japan since SoftBank Corp’s $23.5 billion IPO in 2018. 

Mori Hamada and Simpson Thacher & Bartlett are representing the international managers on the transaction, comprising Daiwa Capital Markets Europe, JP Morgan Securities, Morgan Stanley & Co International, Mizuho International, Merrill Lynch International, Nomura International, and Goldman Sachs International.



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Other News

Deacons nabs corporate finance duo from Reed Smith
Hong Kong’s largest law firm Deacons has expanded its banking and finance team with two partner additions from U.S. firm Reed Smith. While Michael Sinn (L) was a partner, Crystal Li was a counsel.

N&A, S&C, TMI advise as Japan's Nidec makes $1.6 bln bid for Makino Milling
TMI Associates, Freshfields and Davis Polk & Wardwell have represented Japanese manufacturing giant Nidec on its 257-billion-yen ($1.6 billion) bid for Makino Milling Machine, which turned to Nishimura & Asahi and Sullivan & Cromwell for advice.

Japan’s Nishimura builds antitrust and trade capabilities in Brussels
Japanese Big Four law firm Nishimura & Asahi has welcomed two new partners to its newly established Brussels office: International trade partner Benoit Servais (L) joins from Van Bael & Bellis, while antitrust expert Kristina Winkelmann moves from Gleiss Lutz.

Trilegal, Touchstone, CAM act on Carlyle’s $400 mln entry into India auto-components space
Trilegal has advised global private equity firm Carlyle on its acquisition of majority stakes in Highway Industries (HIL) and Roop Automotives for $400 million, marking its entry into India's auto components sector through a new manufacturing platform.

Kirkland HK exits continue as funds partner joins DLA as of counsel
U.S. law firm Kirkland & Ellis has seen the third partner exit from its Hong Kong office in February alone, with investment funds partner Wang Shinong joining DLA Piper as an of counsel.

Navigating Indonesian Shipping Law Changes: Key Updates and Expert Work Team  [Brought to you by UMBRA]
The shipping industry in Indonesia plays a pivotal role in the nation's economy, given its archipelagic nature and reliance on sea transportation for trade. In October 2024, updates to the provisions regulating the shipping industry were introduced with the issuance of Law No. 66 of 2024 on the Third Amendment to Law Number 17 of 2008 concerning Shipping (“New Shipping Law”). These changes aim to strengthen the shipping industry, addressing various challenges and opportunities. We are thrilled to present the key updates from these amendments below.

SG: CMS Holborn hires Bakers principal as financial regulatory lead
CMS Holborn Asia, the Singapore alliance firm of CMS, has added Ying Yi Liew as a director and head of its financial services regulatory practice from Baker McKenzie Wong & Leow, where she was a principal.

How Investment Climate Affects Land Acquisition Regime in Indonesia [Brought to you by UMBRA] 
Land ownership in Indonesia is regulated strictly, especially when it comes to foreign ownership. In principle, full land ownership by foreign parties is not allowed, as the Indonesian agrarian law framework focuses on national sovereignty over the state’s land and the natural resources that lies within it. While this aligns with the legal policy of the constitution, which emphasizes the state's control over land, this issue has, for years, posed a challenge for the Government of Indonesia (“GoI”) in luring foreign investments, which in most cases, demands a long-term certainty in terms of land ownership and land utilization.

Ex-StanChart, JPM, Citi veteran joins Hong Kong's DCLO as partner
Hong Kong boutique David Cameron Law Office (DCLO) has appointed Kris Daswani as partner, bringing on board a lawyer with over 25 years of experience at major financial institutions including Standard Chartered, JPMorgan, and Citigroup.

DEADLINE EXTENDED: ALB India Firms to Watch 2025
In its March/April 2025 issue, ALB India is spotlighting a list of Firms to Watch for India. These are firms that are small but are already making waves, and either challenging (or with the potential to challenge) much larger law firms for their share of the work.
Deadline: Feb. 24, 2025
DOWNLOAD FORM HERE

SG: Penningtons hires shipping disputes partner from Rajah & Tann
London-headquartered law firm Penningtons Manches Cooper has strengthened its Singapore office with the hire of shipping and commodities disputes specialist Max Lim as a partner. He joins from Big Four law firm Rajah & Tann.

SUBMISSIONS OPEN: ALB Asia IP Rankings 2025
Submissions are now open for the ALB 2025 Intellectual Property Rankings. The rankings will be published in the May issues of ALB Asia and ALB China.
Deadline: Mar. 03, 2025
DOWNLOAD FORM HERE

Korea’s Kim & Chang adds four-lawyer M&A team led by Cleary lifer
South Korea's largest law firm, Kim & Chang, has bolstered its cross-border M&A capabilities with the arrival of veteran partner Sang Jin Han and his team from U.S. firm Cleary Gottlieb Steen & Hamilton.

SURVEY OPEN: India Super 50 Lawyers
In this listing, ALB will pick the most highly recommended private-practice lawyers based permanently in India.
Deadline: Jun. 06, 2025
SURVEY LINK HERE

Malaysia: Zaid Ibrahim partner joins DFDL-linked Robin Lynn & Lee
Malaysia’s Robin Lynn & Lee, which operates in association with regional law firm DFDL, has hired Caera Lee as a partner from local heavyweight Zaid Ibrahim & Co.

SURVEY OPEN: ALB Offshore Client Choice 2025
In its annual list, ALB selects top offshore lawyers based on client feedback.
Deadline: Mar. 03, 2025
SURVEY LINK HERE

JSA, CAM, Khaitan act on $2.3 bln Ayana Renewable sale
Indian law firm JSA Advocates & Solicitors has advised ONGC NTPC Green on its $2.3 billion acquisition of Ayana Renewable Power from National Investment and Infrastructure Fund (NIIF), British International Investment and private equity firm Eversource Capital.
 

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ALB Asia IP Rankings 2025
Submissions are now open for the ALB 2025 Intellectual Property Rankings. The rankings will be published in the May issues of ALB Asia and ALB China.
Deadline: Mar. 03, 2025
DOWNLOAD FORM HERE

ALB Offshore Client Choice 2025
In its annual list, ALB selects top offshore lawyers based on client feedback.
Deadline: Mar. 03, 2025
SURVEY LINK HERE

ALB Asia Top 15 Chief Compliance Officers 2025
 ALB proudly presents its second annual list of Asia's Top 15 Chief Compliance Officers, recognising leaders who excel in navigating corporate governance complexities with strategic foresight and unwavering integrity.
Deadline: Apr.. 4, 2025
DOWNLOAD FORM HERE

ALB Asia Top 30 Litigators 2025
ALB is now accepting submissions for the Asia Top 30 Litigators 2024. This ranking will celebrate the leading litigators in Asia and their influence in the legal field, to be featured in the June 2025 issue of ALB Asia Magazine.
Deadline: Apr. 24, 2025
DOWNLOAD FORM HERE

As one of Japan’s Big Four law firms, Anderson Mori & Tomotsune has made it its mission to improve diversity and inclusion, or D&I, across the firm and Japan’s legal industry. 

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ALB Dealmakers of Asia 2024
Much like its counterpart Litigators of Asia, the ALB Dealmakers of Asia 2024 profiles showcase the region’s most influential and accomplished legal professionals who have made significant contributions to the dynamic landscape of Asian business law and are shaping the future of dealmaking across the continent.
 

2025 ALB surveys and rankings
Click here to access the full list of surveys and rankings that are currently underway and open for submissions. 
                      
   
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