In our last issue, (Volume 10 Issue 3) we brought you an overview of the key changes to the CIETAC Rules 2012 in “Moving the CIETAC goal posts…for the better.” Here, Harry Liu and Yue Qiu of King & Wood Mallesons guide us through the major differences between the CIETAC Beijing Rules and the CIETAC Shanghai Rules, enlightening us as to how these distinctions have a bearing on choice of venue for the
parties involved.
According to Sascha Hindmarch, former general counsel at the University of South Australia, centralised systems represent the intelligent choice for the legal function. In a post-Enron, post-Fannie Mae world, a centralised system is more accountable, transparent and safe. Here, she makes a compelling case for backing the model having regard to the changing nature of in-house counsels’ role.
Canvassing the views and concerns of in-house counsel along the New Silk Road, the sixth annual Representing Corporate Asia & Middle East Survey report shines a light on the issues that are of concern to in-house counsel across the region today, their expectations for the coming year and the factors which they say tip the scales when selecting external counsel. And, based entirely on votes from participating in-house counsel, we also announce our ASIAN-MENA COUNSEL In-House Community Firms of the Year for 2012.
In a landmark decision handed down by the Singapore High Court, an independent director’s
conviction for market misconduct was overturned. As a result of this case, company directors
are no longer in the dark about their disclosure obligations and duties under the Securities and
Futures Act. Melissa Russell and Victoria Macgregor of Clyde & Co LLP Singapore (with assistance
from Clasis LLC) shed light on the requisite thresholds that need to be crossed in order
to impute liability upon independent directors.
Following the ratification of the EU and US Free Trade Agreements with South Korea in 2011 and 2012 respectively, the liberalisation of the legal market in South Korea will bring sweeping changes to the territory after a raft of foreign firms seek to establish a presence there. In our cover story, we explore the shifting landscape and the impact this will have on local firms on the ground. We also bring you our latest In-House Insight this month, from Muhammad Tariq, Senior Legal Counsel at TECOM Investments as well as an In-House Practice from Sascha Hindmarch, former General Counsel at the University of South Australia.
In a recent landmark ruling, the UK Supreme Court deliberated on the question of whether an overseas defendant had to have submitted to the jurisdiction under common law before a foreign bankruptcy order would be recognised and enforced in England. Richard Keady and Jay Qin of Bird & Bird consider the practical implications of the decision and the significance it may have on practitioners going forward.
In this month’s edition of ASIAN-MENA COUNSEL, we provide you with a Mekong Region Update. Industry experts from Gide Loyrette Nouel offer up a comprehensive overview on the current status of infrastructure in these largely underdeveloped countries bound together by the Mekong River. We learn that some of these countries are seeing sweeping economic and legal changes and here we discover how this has impacted the landscape in terms of foreign investment and new projects in the pipeline.
In this month’s edition of ASIAN-MENA COUNSEL, we bring you an in-depth Special Report on Energy & Natural Resources. Phoenix Legal enlighten us on the steps taken by the Indian government to tap its oil and gas reserves and they also shed light on how foreign investment is changing the country’s landscape. K&L Gates explain how the growing appetite of Asian investors for Russia’s oil and gas has led to a heightened interest in the Eastern Siberian region. Also look out for our latest In-House Insight and a new column featuring a Q&A with Managing Partner David Tang from K&L Gates.
Here, Sesto E Vecchi, Managing Partner of Russin & Vecchi takes us through the finer points of legal professional privilege under Vietnamese law. Turning the lens on in-house counsel, we learn a great deal about how and when the privilege can be preserved.
David Smyth and Warren Ganesh, of Smyth & Co in association with Reynolds Porter Chamberlain LLP, summarise the recent UK Supreme Court ruling on legal advice privilege and some key points for lawyers, in-house lawyers and other professional advisers.
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