Singapore extends third-party funding to domestic arbitrations

BY Elizabeth Beattie |

Singapore’s Ministry of Law has announced it will extend its third-party funding framework as the city-state continues its push to stand out as a leading arbitration hub.

India’s Khaitan acquires southern boutique Assentio

BY Asian Legal Business |

Indian law firm Khaitan & Co has acquired boutique Assentio Legal, which has offices in the southern cities of Chennai and Bengaluru.

Singapore’s WongP launches sustainability practice

BY Asian Legal Business |

Singapore Big Four law firm WongPartnership has launched a sustainability and responsible business practice. The practice will be jointly headed by partners Quak Fi Ling and Tiong Teck Wee.

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.

Dentons squares off with fired partner over Chinese client fees

BY Reuters |

Dentons has become embroiled in a multi-front legal battle with former partner and longtime Big Law China practitioner Jinshu (John) Zhang, according to federal court documents filed this week, after Zhang and the global mega-firm clashed over client fees.

Philippines files criminal complaint against Wirecard’s former COO

BY Reuters |

Philippine authorities investigating the multi-billion dollar fraud at Germany’s Wirecard AG’s have filed criminal complaints against the payment firm’s former chief operating officer as well as others.

Glass Lewis opposes election of MoFo Tokyo MP to SoftBank board

BY Reuters |

Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to oppose the election of corporate lawyer Ken Siegel to the board of directors due to his professional ties with the Japanese conglomerate.

Singapore: Clifford Chance launches document-automation solutions

BY Asian Legal Business |

Magic Circle firm Clifford Chance has launched Intelligent VIMA Solutions to automate and generate documents based on the Venture Capital Investment Model Agreements (VIMA) suite based on Singapore law.

Clifford Chance to close Seoul office

BY Elizabeth Beattie |

Magic Circle firm Clifford Chance is closing its office in the South Korean capital of Seoul, nine years after it was established.

Time for a Technology Audit [Brought to you by Intralinks]

BY Intralinks |

Across the legal industry, the ‘new normal’ after COVID-19 demands a relentless focus on mobility and security as lawyers shift towards a remote way of working. The time has come for law firms to speed up technology adoption and integrate it into the practice of law.

Creditors approve restructuring plan for troubled Thai Airways

BY Reuters |

Thai Airways International's creditors have voted to approve the airline's restructuring plan, the flag carrier said on Wednesday, as it seeks to recover from financial problems suffered long before the coronavirus pandemic.

Lim family's global assets on radar after Singapore court move

BY Reuters |

A Singapore court has approved a freeze on up to $3.5 billion of assets of the family behind collapsed Hin Leong Trading, boosting the prospect of debt recovery from the former oil trading empire that counts some of the world's biggest banks among its creditors.