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Walmart’s Flipkart, Amazon challenge India court order on antitrust probe
BY Reuters |

Walmart Inc’s Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation into their business practices, according to sources and a legal filing viewed by Reuters.

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Davis Polk, HSF lead on CARsgen’s planned $400 mln HK IPO
BY Charlie Wu 吴卓言 |

Davis Polk & Wardwell and Global Law Office are advising medical research firm CARsgen Therapeutics on its planned IPO in Hong Kong, with Herbert Smith Freehills and Zhong Lun Law Firm advising the joint underwriters. The IPO is expected to raise up to $400 million.

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Wilson Sonsini, CC lead on orthodontics company’s $375 mln HK IPO
BY Kristen Liu 刘诗宇 |

Wilson Sonsini Goodrich & Rosati and Han Kun Law Offices have advised Chinese dental brace maker Angelalign Technology on its $375 million IPO on the Hong Kong Stock Exchange, with Clifford Chance and Tian Yuan Law Firm advising the joint underwriters.

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Davis Polk, Sidley lead on dairy company Youran’s planned $643 mln HK IPO
BY Kristen Liu 刘诗宇 |

Davis Polk & Wardwell and Tian Yuan Law Firm are advising China’s Youran Dairy on its planned IPO in Hong Kong, with Sidley Austin and Dentons advising the joint underwriters.

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Another exit for L&L as insolvency partner heads to AZB
BY Asian Legal Business |

AZB & Partners has hired restructuring and insolvency specialist Avinash Subramanian as a partner in Mumbai from L&L Partners, where he spent the entirety of his legal career.

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Indian boutique Anagram gets one more partner from Tata Sons
BY Asian Legal Business |

Mumbai law firm Anagram Partners, which was launched earlier this year by two ex-Nishith Desai & Associates lawyers, has hired Ankit Mishra as a partner from Indian multinational conglomerate Tata Sons, where he was an in-house legal counsel.

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HFW makes another Singapore hire from Reed Smith
BY Asian Legal Business |

HFW has expanded its shipping practice in Singapore with the hire of master marine Mark Myles from Reed Smith.

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Features and Analysis

Wealth Connected

The recent announcement of the launch of cross-boundary wealth management connect pilot scheme, known as the Wealth Management Connect, in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) has generated a lot of interest and…

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Ireland Calling

The pandemic and prolonged work from home arrangements have given many causes to carefully consider where they base themselves, their families, and their assets — particularly as travel restrictions complicate mobility. One…

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Wanted: Crypto Clarity

Thailand’s digital assets industry has been booming in recent months. According to the country’s SEC, cryptocurrency trading accounts have rocketed from 160,000 at the end of 2020 to 470,000 by the start of February. In March,…

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ALB Offshore Client Choice List 2021

In its annual list, ALB picks out Asia’s outstanding lawyers working with offshore law firms. These legal professionals have exceeded client expectations and requirements, delivering high-quality advice and support, and being…

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‘The pandemic has accelerated a drive for innovation, flexibility and efficiency’

Linklaters appointed William Liu as its new regional managing partner for Asia. A former head of China, and head of the Asian capital markets practice, Liu talks about his priorities going forward.

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South Korea Unicorns Buoyed by Unique Conditions

South Korea is currently witnessing a flurry of unicorns, driven by government support and pandemic-related factors, with successful start-ups increasingly looking to stock markets overseas for bigger investments.

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