On August 31, 2016, Korea’s largest shipping company and the seventh-largest shipping line in the world, Hanjin Shipping, filed a rehabilitation (bankruptcy) action in Korea. That filing reverberated around the globe...
BIM is increasingly being used in the Australian
construction and infrastructure industry. As more
and more projects adopt BIM to manage design and
construction, parties need to consider the various
legal implications relating to the allocation of risk, intellectual property, insurance and traceability.
Recently, several former executives of a large multinational corporation were hit with the largest civil penalty ever for individuals in a corporate foreign bribery case - each was ordered to pay US$524,000. …
In this month’s cover feature, we take a look at the reasons why in-house counsel need to stay alert to restructuring and insolvency trends, and talk to experts from around the region about the practical considerations which should be taken into account when advising clients in the current climate.
This month’s issue includes a special focus on the United Arab Emirates. Our feature story looks at the effect of the economic crisis on the UAE’s legal profession, whilst international firms discuss emerging trends, issues and the legal infrastructure that will impact the UAE’s corporate legal scene.
In the aftermath of September’s unprecedented financial collapses, the buzz surrounding restructuring and insolvency is at its hottest since the IMF crisis. As practitioners speculate on the direction and manner of R&Is set to hit the region, the Restructuring & Insolvency Special Report takes a look at the rescue regimes of Hong Kong and the PRC and discusses the features and shortcomings of each jurisdiction.
Senior Legal Counsel Sarah Bower of KPMG China explains how Lehman liquidators and administrators around the world are relying on a common framework to ensure complex inter-company proceedings, and recoveries, are dealt with speedily.