Other News MoFo latest U.S. firm to shutter China office, announces Beijing closure Morrison & Foerster has confirmed to ALB that it plans to close its Beijing representative office when its lease expires this fall. It will become the fifth U.S. law firm in this year alone to scale back in mainland China. SAM, Latham advising Hyundai Motor on mammoth India IPO Indian law firm Shardul Amarchand Mangaldas and Latham & Watkins are advising Hyundai Motor's India unit on its stock market listing in Mumbai, which could raise up to $3 billion, according to the prospectus filed by the company. HSF names returnee as Tokyo construction disputes head Global law firm Herbert Smith Freehills has welcomed back Ben Jolley as its head of construction disputes in Tokyo from an in-house role at Mitsubishi Heavy Industries (MHI). Latham, Freshies advise on $1.3 bln data centre investment Latham & Watkins has advised ST Telemedia Global Data Centres on a S$1.75 billion ($1.3 billion) investment from a consortium comprising KKR and Singapore Telecommunications, which was represented by Freshfields Bruckhaus Deringer. PAG GC to join MoFo Tokyo as partner Morrison & Foerster is set to boost its private equity and M&A practices in Asia with the hire of veteran corporate lawyer Gregory Salathé as a partner in Tokyo. Salathé will join the firm in September from investment manager PAG, where he is currently a partner and group general counsel. SEZ Developers and Units - Documentation lacuna in availing the Zero-rated benefit for the supplies under RCM liability [Brought to you by Lakshmikumaran Sridharan attorneys] Whether the SEZ Units and developers liable to discharge GST under RCM? The legal answer to this question appears to be unearthed but the practical answer is yet to see light of the day. Let’s deep dive into the background and gradual developments on the subject matter. A&G, WongP acting on OCBC’s $1 bln buyout offer for Great Eastern Singapore Big Four law firm WongPartnership is advising insurer Great Eastern Holdings in relation to a S$1.4 billion ($1 billion) buyout offer from its top shareholder, Oversea-Chinese Banking Corporation (OCBC), which is being represented by Allen & Gledhill. SUBMISSIONS OPEN: ALB M&A Rankings 2024 ALB is now seeking submissions for its annual rankings of the top law firms for M&A in Asia, covering the period from July 2023 to June 2024 across various Asian jurisdictions. DOWNLOAD FORM HERE (China, Hong Kong Japan, Korea, Taiwan) DOWNLOAD FORM HERE (India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam) Deadline: June 28, 2024 ALB CONVERSATIONS: Keiko Minami, Head of Legal, APAC & ANZ, Darktrace Keiko Minami, head of legal for APAC & ANZ at cybersecurity firm Darktrace, talks about how her career journey so far has been a “profound and interesting adventure,” what the secret sauce is for a high-performing team, and why thinking in the shoes of someone she aspires to be helps her get through difficult situations. EDITOR'S NOTE: If you're a general counsel based in Asia who'd like to be featured in this series, please email ranajit.dam@tr.com. Ex-Trowers KL senior associate returns as SG partner UK law firm Trowers & Hamlins has welcomed back Cassandra Lim, a former senior associate at its Kuala Lumpur office, as a corporate partner in Singapore. NO&T, MHM advising on $1.4 bln Kirin-Fancl deal Nagashima Ohno & Tsunematsu is advising Japan’s Kirin Holdings on its 220.7 billion yen ($1.4 billion) offer to acquire the rest of skincare brand Fancl Corp, which is being represented by Uryu & Itoga. A Conversation with ARMA Law, one of ALB Asia's Top 15 ESG Law Firms 2024 [Brought to you by ARMA Law] As ESG issues take a front seat in business decision-making across Asia, law firms play a crucial role advising companies on how to navigate increasingly complex compliance requirements and mitigating emerging risks. As regulatory landscapes around ESG evolve rapidly, ALB recognises ARMA Law, one of the 15 law firms that are delivering outstanding legal counsel in this area. SUBMISSIONS OPEN: India's Top Corporate/M&A Boutique Firms 2024 India's Corporate/M&A scene is seeing boutique firms known for specialized expertise and efficient execution at competitive fees. These firms are recognized for their agility and personalized approach. Submissions are optional but are welcome for consideration. DOWNLOAD FORM HERE Deadline: August 5, 2024 SUBMISSIONS OPEN: 2024 South India Top 15 Law Firms South India's economy is booming, driven by the tech sector and real estate. The South India Top 15 Law Firms ranking honours firms shaping this growth. Selection is based on industry knowledge, news analysis, and public data. Firms must be headquartered in or have a substantial presence in Bangalore, Hyderabad, Chennai, Visakhapatnam, Coimbatore, or Kerala to be considered. DOWNLOAD FORM HERE Deadline: August 9, 2024 SURVEY OPEN: ALB MENA Super 50 Lawyers 2024 ALB is seeking recommendations for top private practice lawyers based in the MENA region through an online survey based on client feedback. There is no limit to the number of recommendations a lawyer can receive. TAKE THE SURVEY HERE Deadline: June 28, 2024 CLICK HERE TO READ MORE NEWS ON THE ALB WEBSITE |