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L-R: Jonathan Fried of Linklaters, Ansgar Schott and René Bösch of Homburger, Natalie Hill of Allen & Overy

This award is given for each of the 14 Asian jurisdictions that IFLR covers. It is for firms whose head office is in that jurisdiction and recognises work they carried out under their home law last year across all of IFLR’s core practice areas. Peer and client recommendations are also taken into account to decide the winners.

John Laker graduated from Sydney University in 1972, with First-Class Honours in Economics.

L-R John Lee of Allen & Overy, William Liu of Linklaters

On December 15 2011, the Dutch government released a bill to introduce a bank tax which is expected to enter into force in mid-2012. The stated objectives of the bank tax are to ensure that the banking sector contributes to the costs of stabilisation, to stimulate long-term financing and to discourage excessive bonuses for the board members of Dutch banks.

Chinonyelum Uwazie Since 2008, the Nigerian capital market has witnessed severe decline in the value and volume of shares traded on the stock exchange. While some attribute the decline to the unsavoury practices that trailed the previous administration of the exchange, others attribute it to the fallout of the global financial meltdown. Following the collapse of the market, the Nigerian Securities and Exchange Commission (SEC) made several reforms, including review of the law relating to share buy-backs in quoted companies.

Yau Khai Ling Nicole Ong Hwee Koon In Orchard Capital I Ltd v Ravindra Kumar Jhunjhunwala [2012] SGCA 16, the Singapore Court of Appeal propounded the important principles concerning the interpretation and the legal effects of non-exclusive jurisdiction agreements.

Nollaig Murphy Andrew Quinn Stephen McLoughlin

A recent judgement by a division bench of the Bombay High Court may well be the game changer required as regards legal certainty on enforceability of options in India. The judgment itself deals with a challenge to the actions of the regulator in refusing recognition to a new stock exchange. A key aspect was the validity and impact of buy back arrangement.

Phillip Kite Claire Robey Before 2010, freezing injunctions in the British Virgin Islands were only available ancillary to a substantive domestic cause of action against the respondent. It was not possible to seek an injunction ancillary to foreign proceedings. This was a result of a restrictive interpretation of Lord Diplock's speech in The Siskina (1979).