K&L Gates Straits Law, the Singapore office of U.S. law firm K&L Gates, has strengthened its corporate capabilities in Singapore with the addition of partners David Kuo and Meraj Noor from rival DLA Piper.
UK-headquartered Eversheds Sutherland has confirmed to ALB that the firm is currently reviewing whether to keep its Beijing office open, while also making plans to reestablish an office in Singapore.
UK law firm Addleshaw Goddard has added its second lateral partner in Singapore in a matter of weeks after hiring corporate expert Matt Gorman from Reed Smith.
Singapore law firm Joyce A Tan & Partners has announced the appointment of two new directors, Wendy Lee and Frederick Tay, strengthening its corporate offerings.
Latham & Watkins has advised French industrial group Seche Environnement on its S$605 million ($445 million) agreement to buy Singapore’s ECO Industrial Environmental Engineering from Beijing Capital Eco-Environment Protection Group.
UK law firm Simmons & Simmons has hired tech and financial disputes expert Lijun Chui as a partner in Singapore from Bird & Bird.
Singapore is taking steps to ramp up cybersecurity, with increased regulation and oversight.
Leading Singapore law firm Rajah & Tann has added international arbitration attorney Hew Kian Heong as a partner in its China office, as the firm looks to deepen its China capabilities following the signing of an upgraded trade pact between PRC and Singapore.
The pandemic might be (almost) over, but the sense of unease remains strong in Asia’s legal industry. While life might have returned to normal, and supply chains appear back on track, the region is continuing to experience uncertainty over slowing global economic momentum, tightening monetary policy affecting credit growth, and lingering concerns about inflation. China’s seemingly irreversible economic decline is also hanging heavy.
Singapore is introducing a new law to regulate investments in “a handful of critical entities” in the city-state in a proposed legislative framework that sets out a new investment management regime. The proposed law, put forward by Singapore’s Trade and Industry Minister Gan Kim Yong in August, means companies will have to seek approval when there are certain changes in ownership or leadership.