Firm
Andrea Basham and Jennifer Cheng have joined the firm as partners in its global M&A practice in New York
New hires were made across the corporate, M&A and finance practices in key US hubs and London
Michelle Phang, who joined the firm as head of M&A for Southeast Asia in January, breaks down key trends shaping the region’s dealmaking
Veteran partners Ian Ho and Anthony King will co-lead the new office, which will also welcome two new partners from Baker McKenzie and Latham
New hires were made across the M&A, corporate and finance teams at leading firms across the UK, Germany and Saudi Arabia
Charles Russell Speechlys corporate partner discusses how the firm’s early PISCES mandates are creating new revenue streams and can generate cross-practice opportunities
Newly independent King & Wood has established offices in North America, while Mallesons has entered a ‘new era’ with a 1,200-lawyer firm across Australia and Singapore
Consortium Legal’s M&A partner David Reuben discusses the largest transaction to ever cross the desks of law firms and authorities in the region
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Sponsored by Futej & PartnersIncreased pay supplements have been introduced for night work, weekends, and holidays. The increase was split into two phases, with the first increase implemented as of May 1 2018 and the second increase slated to come into force on May 1 2019. The existing 30% supplement for night work for non-hazardous occupations will increase to 40%, and the existing 35% pay supplement for hazardous occupations will go up to 50%. The supplement for work on Saturdays will go up from 25% to 50%, and up from 50% to 100% for work on Sundays. Calculation of all the supplements is based on the existing minimum hourly wage, which on January 1 2019 was raised from €2.759 ($3.10) to €2.989. The supplement for work on holidays will increase from the existing rate of 50% of the employee's average hourly wage to 100% of the employee's average hourly wage.
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Sponsored by Sycip Salazar Hernandez & GatmaitanThe Philippines has enacted Republic Act No 11232, or 'An Act Providing for the Revised Corporation Code of the Philippines' (RA No 11232). It repealed the country's almost-four-decade-old Corporation Code (Batas Pambansa Bilang 68). According to proponents of RA No 11232, it is intended to improve the ease of doing business in the Philippines.
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Sponsored by AllBright Law OfficesChina has huge potential, and regulators have been working hard to maximise it. Carl Li of Allbright Law Offices reviews recent developments, trends and practical considerations