30 JULY 2020 Top 10 Headlines | APARNA SAI U.S. firm Loeb & Loeb has launched trusts and estates practice in Hong Kong after hiring partners Erik Wallace and Laurence Ho and associates Sarah Lai and Letao Tao from Stephenson Harwood.
Wallace has worked as a trusts and estates lawyer for over two decades. He advises clients on succession planning, structuring or restructuring trusts, and establishing private trust companies and charitable foundations. Ho has more than a decade of experience advising clients on U.S. tax, trust and estate planning matters in addition to reporting compliance issues. Read More | | | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Cavenagh Law, the Singapore formal law alliance of Magic Circle firm Clifford Chance, has appointed Paul Tan as a partner in its cross-border litigation practice from Big Four firm Rajah & Tann. Full Article |
| Japan, Australia and some other nations are readying incentives to attract banks and asset managers in Hong Kong that are worried about the new security law imposed by China, but finance sector experts said even if they move, it will be to Singapore. Full Article |
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| Research for the ALB Top 50 Largest Law Firms 2020 rankings has commenced. Please use the forms below to submit your numbers to us. We will also be reaching out to you individually. Full Article |
| One of my favourite books is “Tomorrow’s Lawyers” by Professor Richard Susskind, a prominent author and speaker specializing in the future of professional service and, in particular, the way in which the IT and the Internet are changing the work of lawyers. Full Article |
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| Hee Woong Yoon, joint managing partner of Korea's Yulchon, talks about weathering COVID-19, how the pandemic is accelerated a shift in client requirements, and the kind of internal culture he is looking to foster within the firm. Full Article |
| Simmons & Simmons has hired venture capital specialist Dax Lim as a partner in Singapore from Osborne Clarke. Full Article |
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| Members of Singapore’s Lim family have asked a court to stop law firm Rajah & Tann Singapore (R&T) from working for court-appointed supervisors to two companies in the Lims' embattled oil trading empire, Evan Lim Chee Meng told Reuters. Full Article |
| The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or “PSBB”), requiring most businesses to cease or at least pare down activities. The Indonesian Chamber of Commerce and Industry stated on May 1, 2020, that the number of employee terminations due to the pandemic was approximately 15 million, not the 2 million reported by the Indonesian Ministry of Manpower and Transmigration. Full Article |
| Singh & Associates has grown its corporate practice with the hire of partner Neeraj Dubey in Bengaluru from Lakshmikumaran & Sridharan. Full Article |
| Hardship and battle against Covid-19 did not dissuade the Indonesia House of Representatives (DPR) to swiftly complete the long-awaited revision to the Law No 4 of 2009 (“Mining Law”). Precisely, the Law No. 3 of 2020 concerning the amendment to the Mining Law has been published and effective as of 10th June 2020 (“Amendment”). Full Article |
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