U.S. law firm Reed Smith has expanded its international arbitration practice in Singapore with the hire of a three-member team from Stephenson Harwood, including partner Timothy Cooke.
Maurice Burke, formerly the head of the Southeast Asia disputes practice at Hogan Lovells, has joined DLA Piper in Singapore as head of investigations for Asia.
The COVID-19 pandemic, which has severely disrupted the normal functioning of many economies, is arguably one of the primary drivers of digital adoption across Southeast Asia and propelled explosive growth in a number of digital sectors, in particular, e-Commerce and ﬁnancial services (digital payments). Indonesia (as the largest digital economy market in Southeast Asia) and Singapore (as a regional hub for unicorns setting up their headquarters) are two jurisdictions that have seen the majority of investment inﬂows in H1 2020, according to the e-Conomy SEA 2020 report published by Google, Temasek and Bain.
Singapore Exchange Ltd is proposing introducing regulations to allow the listing of Special Purpose Acquisition Companies (SPACs) or blank cheque firms that have taken U.S. markets by storm.
The Singapore International Arbitration Centre (SIAC) witnessed a record 1080 new case filings in 2020, a 125 percent increase from the 479 cases filed in 2019, and the first time SIAC’s new caseload crossed 1,000.
All six lawyers that comprised Essex Court Chambers Duxton (Singapore Group Practice) have left to set up a new practice, following the Chinese government’s sanctions on the UK’s Essex Court Chambers.
Watson Farley & Williams has hired four hospitality lawyers from Withers, including partners Lada Shelkovnikova and Robert Williams. Williams and two other lawyers will be based in Sydney, while Shelkovnikova joins in Singapore.
India’s second-largest firm, Khaitan & Co, is set to open an office in Singapore next month. The office will be manned by Anuj Shah, a partner focusing on M&A and private client work, and director Jean Muller.