An Indonesian firm has appealed a landmark court ruling that struck down a contract it had to provide water services in Jakarta, in a case likely to be closely watched as a yardstick of the country's investor friendliness.

Perks used by property firms in Singapore to entice buyers of luxury apartments are under scrutiny after a bank sued a developer for allegedly conspiring with borrowers to inflate about S$182 million of home loans.

Swiss drugmaker Novartis AG said on Wednesday it had sued India's Cipla Ltd for infringing patents covering its respiratory drug Onbrez, a month after Cipla launched a copy at a fifth of the original drug's price.

Shearman & Sterling has promoted 13 lawyers to its partnership worldwide, including three in Asia.

United Arab Emirates-based energy firm Dana Gas said an international tribunal had issued a favourable ruling in the dispute over a natural gas supply contract between its affiliate Crescent Petroleum and Iran.

Fast-growing Indian firm Clasis Law has expanded its litigation practice with the twin hirings of Sumeet Lall as head of its litigation and dispute resolution team, and Sagar Divekar as partner.