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  • L-R: Brandon Vidal-Lubin of Major Lindsay & Africa, Hwang Hwa Sim and William Liu of Linklaters
  • 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.
  • Davis Polk & Wardwell won Americas law firm of the year at the annual IFLR Americas awards ceremony held in New York last night
  • Chun-yih Cheng In order to strengthen the protection of personal data, Taiwan's Computer Processed Personal Data Protection Act was amended in May 2010. The new Act extends to all persons, natural or juristic, and all personal data directly or indirectly leading to a living natural person. In particular, sensitive personal data, including medical treatment, gene, sexual life, health check and criminal records, are in principle not allowed to be collected.
  • Carlos N Lafargue The Spanish Act 38/2011, of October 10 2011, has amended the Spanish Insolvency Act 22/2003 introducing a new controversial sentence in article 90.1.6 stating that the "pledge securing future credits will only grant a special privilege to credits arising prior to the declaration of insolvency, as well as to credits arising after such declaration, when reinstated by virtue of article 68 or when the pledge was recorded in a public registry prior to the declaration of insolvency".
  • 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.
  • 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.
  • Ryuji Sakai In late February 2012, Elpida Memory, one of the key Japanese players in the DRAM integrated circuit global market, filed an application with the Tokyo District Court for commencement of corporate reorganisation proceedings (the statutory insolvency proceedings under Japanese law for use by large-scale businesses). A temporary restraining order has been granted by the court to maintain the status quo during the court's examination of the merits of Elpida's application.
  • To conduct a successful M&A deal in China, buyers must pay as much attention to post-M&A integration as to the actual transaction
  • Freddy Karyadi Oene Marseille On February 21 2012, the Indonesian government issued Government Regulation No 24/2012 (GR 24) which revised Government Regulation No 23/2010 on Mining Business Activities.