11 MARCH 2021 Top 10 Headlines | APARNA SAI U.S. law firm Debevoise & Plimpton has closed its five-year-old office in Tokyo.
“After a careful business review, we made the decision to close our Japan office,” the firm said in a statement. “We continue to serve the Japan market effectively from New York and other offices.” Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Following a military coup in Myanmar on Feb. 1, Duane Morris & Selvam has paused it operations in in the Southeast Asian country, according to a report in the Philadelphia Business Journal. Full Article |
| In the June 2021 issue of the ALB India E-magazine, we are spotlighting the Top TMT/Fintech Lawyers, who will be selected based on their work, clients’ recommendations, and feedback from the market.
Please send submissions to Aparna.Sai@thomsonreuters.com
Submission deadline: March 12, 2021 Find more details here |
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| Magic Circle law firm Clifford Chance has hired Soo Khim Keoy and Jonathan Wong as partners in Hong Kong. They join from Withers and Freshfields Bruckhaus Deringer, respectively. Full Article |
| In this new listing, ALB will pick the most highly recommended private-practice lawyers based permanently in the Philippines. The list will be published in the June issue of ALB Asia. These lawyers will be selected based on client feedback.
Please email Rowena.Muniz@thomsonreuters.com should you have any queries.
Nominations to close: March 12, 2021 Find more details here |
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| Like the SEC’s Rules of Practice and Rules on Fair Fund and Disgorgement Plans in the US, Indonesia now has a rule for disgorgement and disgorgement funds to protect and award damages to capital market investors losses due to what so-called unlawful profits. Essentially, it is defined as profits obtained by capital market business doers by violating the law and regulations in the capital market regulatory regime. The same is reflected in Indonesia’s Financial Services Authority Regulation No.65/POJK.04/2020 regarding the Return of Unlawful Profits and Compensation Funds for Investor Losses Within the Capital-Market Sector. You may have aware that Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) is the supervisory government body for capital market activities like the US’ SEC. Full Article |
| India’s L&L Partners has hired Amrita Tonk, Sidhartha Barua and Girish Rawat as partners in Delhi. Full Article |
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| Stephenson Harwood has welcomed back shipping expert Jason Toms as counsel in Hong Kong from Reed Smith, where he was a partner. Full Article |
| Fast-growing Mumbai boutique White and Brief has hired Vineet Nagla as a partner and Prateek Bansal as an associate partner from Economic Laws Practice. Full Article |
| Priya Rao, a former partner at India’s K&S Partners, has set up a boutique firm called Priya Rao & Associates in Delhi. The two-partner firm will focus on intellectual property, information technology and litigation. Full Article |
| Clyde & Co lands aviation finance partner, AMT grows Tokyo office with partner hires, and much more in this week’s Asia Appointments roundup. Full Article |
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