Reuters Analysis: Bezos, Ambani gun for India retail supremacy

BY Reuters |

Around 1,300 of Future’s more than 1,700 retail outlets in 400 cities sell groceries. Its budget supermarkets cater to middle-class shoppers, while its upmarket stores offer products like imported cheese and fresh guacamole, relatively rare in India’s retail landscape.

Delaware judge excoriates Gibson Dunn in Anbang/Mirae busted deal ruling

BY Reuters |

M&A litigators and merger agreement drafters will long remember the ruling Monday by Delaware Vice Chancellor Travis Laster in AB Stable VII v. MAPS Hotels and Resorts for its exhaustive interpretation of whether the worldwide pandemic permitted South Korea’s Mirae Asset to walk away from a $5.8 billion deal to buy luxury hotels in the U.S. from a successor to China’s Anbang Insurance.

ALB Conversations: Hooi Bien Chuah, head of legal, Lazada Malaysia

BY Aparna Sai |

Hooi Bien Chuah talks to ALB about how the legal team supported Lazada Malaysia’s launch of new initiatives in the e-commerce market, and why working for causes greater than oneself can make work “super meaningful and motivating.”

Davis Polk, HSF act on Chinese biopharma firm’s $335 mln HK IPO

BY Aparna Sai |

Davis Polk & Wardwell and Zhong Lun Law Firm advised Chinese biopharmaceutical company Antengene Corporation on its $335 million IPO in Hong Kong, with Herbert Smith Freehills and Commerce & Finance Law Offices advising the joint sponsors and the underwriters.

S&R, CAM, Khaitan advise on sale of $1.3 bln Bengaluru business park

BY Aparna Sai |

S&R Associates has represented India’s Embassy REIT on its $1.3 billion acquisition of Embassy TechVillage assets from affiliates of sponsors Embassy Group, which were advised by Khaitan & Co.

19th ALB HK Law Awards lauds industry’s best

BY Aparna Sai |

The 19th ALB Hong Kong Law Awards, a virtual event held on Nov. 27, was a resounding success, celebrating the standout lawyers, firms, in-house teams and legal work in the region.

Asia Deals: Week of November 30

BY Rowena Muñiz |

AZB on NVIDIA's $40 bln deal with Softbank, A&O on PRC’s $4.8 bln sovereign bond, and much more in this week’s Asia Deals roundup.

Asia Appointments: Week of November 30

BY Rowena Muñiz |

Norton Rose nabs shipping partner from Clifford Chance, OLN's round of promotions, and much more in this week’s Asia Appointments roundup.

SUBMISSIONS OPEN: ALB Rising Stars India 2021

BY Asian Legal Business |

Submissions are now open for ALB Asia’s Rising Stars India list, which spotlights the next generation of the country’s lawyers. The list will be published in the February 2021 issue of ALB India.

Nishimura first Asian firm to invest in legal tech platform Reynen Court

BY Aparna Sai |

Nishimura & Asahi, Japan’s largest law firm, has invested in Reynen Court, a curated “app store” allowing access to numerous legal-tech software applications via a secure platform.

ALB Conversations: Benjamin S. Tolosa, Jr., managing partner, TJ Law

BY Aparna Sai |

Benjamin S. Tolosa, Jr. is the managing partner and head of litigation and dispute resolution at Tolosa Javier Law Firm (TJ Law) in the Philippines. In this chat with ALB, he talks about how his firm has grown in less than two years of its founding, the importance of open and transparent communication to the firm, and how he wants TJ Law to solidify its reputation as a premier litigation firm in the Philippines.

Lee Suet Fern receives 15-month suspension over handling of LKY will

BY Aparna Sai |

Lee Suet Fern, daughter-in-law of Singapore’s founding father Lee Kuan Yew and a partner at Morgan Lewis & Bockius, has been suspended for 15 months after she was found guilty of misconduct over handling of the late Lee’s last will.