U.S. law firm Sterlington hires Withers' global aviation head
U.S. law firm Sterlington has hired prominent aviation lawyer Paul Jebely as partner and international vice-chair. Jebely, who is based in Hong Kong, joins from Withers where he was the global head of aviation.
Co-founder of Malaysia’s D&P sets up startup-focused firm
David Lim, a co-founder of Malaysian boutique firm D&P Law Group, has left to set up a new legal practice catering to small and medium-sized enterprises (SMEs) and startups in the country.
Dentons Link Legal, Dentons U.S., Crawford Bayley guide $358 mln SpiceJet QIP
Dentons Link Legal acted for troubled and cash-strapped Indian airline SpiceJet on its $358 million financial infusion through a qualified institutional placement of equity shares. Crawford Bayley & Co and Dentons U.S. acted as domestic and international counsel respectively to the book-running lead managers, DAM Capital Advisors and JM Financial.
UK firm DACB launches HK office amidst foreign firm retreat
London-headquartered insurance-focused law firm DAC Beachcroft has expanded its presence in Asia with a new office in Hong Kong, which will operate in association with newly founded local firm CK Lee & Co.
ALB Asia M&A Rankings 2024
Asia’s markets, like the rest of the world, have seen a steep decline in dealmaking in the first half of the year. But macroeconomic trends, increase in asset quality and lucrative exit opportunities promise a better future for the region’s traditional and emerging markets.
ENERGY: Renewable Roadblocks
In recent years, the combination of trade conflicts, the pandemic, and regional tensions have resulted in increased volatility for businesses in the energy, transportation, and commodities sectors. In Southeast Asia, where the transition to green energy is one of the primary focuses for governments, lawyers examine critical areas susceptible to disputes and identify best practices to avoid them.
ALB Conversations: Elizabeth Kong, 3M
Elizabeth Kong, Asia general counsel for three of 3M's largest business verticals, talks about how her days are as unpredictable as Forrest Gump's box of chocolates, why thinking like a business leader who "happens to have a solid grounding in law" is crucial, and what makes 3M a place where you might hit a 40-year veteran if you throw a stone.
INDONESIA: Moving to Nusantara
In April 2017, the Indonesian government led by Joko Widodo (better known as Jokowi) announced its plan to move the country's capital from Jakarta to a new city called Nusantara. With the inauguration set to happen in August next year, the government has laid out a plethora of incentives to attract investment to the new capital. There is, however, uncertainty over the country’s political and regulatory landscape, which keeps law firms in Indonesia busy.
2024: The Offshore View
Offshore law firms have had a challenging 2023, with stiffer regulations, increased onshore competition from "Cayman-style" funds and slow M&A recovery holding back growth. Law firm leaders talk about some of their big themes for 2024, including the advent of financial technology and digital asset regulations, the rise in competition from "onshore" centres like Singapore and Hong Kong, and the potential for emerging areas like ESG and AI to grow in importance.
Q&A: “LLMs have the potential to change the way we practice”
Yeong Zee Kin became the chief executive of the Singapore Academy of Law in April, following a career geared towards technology regulation and data protection in both public and private sectors. The former deputy personal data protection commissioner shares his thoughts on AI, and how Singapore’s legal profession can evolve, making the best use of it.