Better Late Than Never – The Basics of U.S. Chapter 11 (EN/JA)

BY David T. Yaegashi |

COVID-19 has wrought havoc on international business. While many Japanese companies have weathered the storm so far, some of their business partners overseas have not. As a result, many Japanese companies, as creditors, have found themselves drawn into the unfamiliar terrain of US bankruptcy law and bankruptcy courts. To provide some familiarity with US Chapter 11 proceedings, this article discusses the basics in a FAQ format.

Handling Patent Infringement Litigations in Light of Recent Court and Japan Patent Office Trends (EN/JA)

BY Masahiko Matsuno |

When a company becomes involved in a patent infringement litigation, in-house counsels need to understand the prospects of the litigation, explain them internally, and consider necessary measures. In this case, the “prospects of the litigation” usually include (1) the possibility of winning the case and (2) the trial schedule. It should be noted, however, that in patent infringement litigation, each of the above (1) and (2) is difficult to predict due to the peculiarity of the trial process.

Recent trends and developments impacting in-house counsel in Japan (EN/JA)

BY David Gilmore, James Allsop |

As governments around the world took steps to try and contain the spread of the COVID-19 pandemic, business were forced to adapt to large scale remote working. This sudden shift was particularly acute for those Japanese corporations, which traditionally favoured in-office working. While this change in working practices created obvious technological and logistical challenges for maintaining business continuity, it also created a number of legal and compliance challenges for in-house counsel teams.

India’s PSL announces Bengaluru office plan

BY Aparna Sai |

Indian boutique firm PSL Advocates & Solicitors is all set to open a new office in Bengaluru, the firm’s fourth branch after Delhi, Mumbai, and Chandigarh.

Former Khaitan lawyers open boutique firm in Mumbai

BY Aparna Sai |

Priyanka Desai and Jaideep Singh Khattar, formerly principal associates at Khaitan & Co, have established a boutique firm called The Fort Circle in Mumbai.

Malaysia: 1MDB drops $1 bln lawsuit against Bakers, corporate head

BY Aparna Sai |

The scandal-ridden state fund 1Malaysia Development (1MDB) has dropped its $1 billion civil lawsuit against its former law firm Wong & Partners and the head of its corporate practice, Brian Chia, over losses suffered by the fund, media reports said.

Offshore firm Forbes Hare opens HK office

BY Aparna Sai |

Offshore law firm Forbes Hare, which provides BVI and Cayman Islands legal services, has opened a new office in Hong Kong.

8th ALB Malaysia Law Awards celebrates legal industry’s luminaries

BY Aparna Sai |

The eighth edition of the Malaysia Law Awards, a virtual event held on July 22, honoured the work of the finest lawyers, firms and in-house teams in the country.

Law firm diversity chiefs gain numbers - and influence

BY Reuters |

As protests against racism swept across the United States last summer, big law firms were forced to reckon with inequality and diversity in their own ranks. In the year since, many of them revamped their management to increase focus on diversity, including by adding a once-rare role in the industry: chief diversity officer.

McDermott revives Asia strategy with Singapore outpost

BY Aparna Sai |

Chicago-headquartered McDermott Will & Emery (MWE) is set to return to Asia after receiving a license to open in Singapore, and also making partner hires from King & Spalding and Squire Patton Boggs.

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.