October 20, 2021
We’re inviting In-House Counsel in Asia, Middle-East and South Africa to nominate themselves and/or their legal team for the 2021 In-House Community Counsel of the Year Awards. The aim of the awards is to honour the counsel and legal teams that have pursued excellence in their roles, to showcase their achievements and provide inspiration to our community of 17,000 in-house counsel across Asia and Middle East, as well as those providing external counsel. Submit Here Or fill the form below and submit to Yvette.Tan@inhousecommunity.com Your nomination will be appraised by our In-House Community Counsel of the Year Committee (names to be confirmed). The winning legal teams, and counsel within, will be able to demonstrate a majority of the following: – Dedication: They have gone over and above the normal call of duty to deliver legal and compliance services to their corporation/organisation. – Innovation: Established or put in place processes/systems to identify weak spots and improve and the organisation’s compliance and the legal team’s performance. – Efficiency & Value: The legal team are able to demonstrate the value they bring to the business unit. – Integration: The legal team has made itself an integral and valued part of the organisation at a decision making level. – Encouragement & Improvement: The team rewards it’s members for outstanding work and provides opportunities for it’s members to learn and grow within the company. – CSR & Diversity: The legal department, either independently or as part of corporate-wide effort practices good Corporate Social Responsibility, If you believe you or your in-house legal team deserves to be short-listed for recognition, please fill in the nomination/submission form... May 6, 2021
Introduction https://www.inhousecommunity.com/wp-content/uploads/2021/05/In-House-Counsel-Pandemic-Insights.mp4 Now that we’re in Q2 of 2021, and 2020 is firmly in the past (but the hangover remains), it’s time to put the “Year of the Coronavirus” into perspective. Few companies emerged from last year unscathed. But as the old saying goes, no one becomes rich in the good times – wealth is generated in the bad times. Legal firms across the Asia Pacific and MENA weathered the Covid-19 storm and worked tirelessly to keep their clients satisfied. And judging by the scuttlebutt out there, nearly everyone in the profession was run off their feet in 2020 performing work ranging from M&A, Insolvency, Restructuring, and HR disputes to personnel rearrangements and advising on critical multi-million-dollar business deals. Some of the important legal work was done in the office, but most of it had to be done at home due to varying levels of lockdowns that forced people’s daily routines to adapt to a “New Normal.” On top of the wider business disruption, the constraints of working from home added plenty of extra pressure and learning curves. According to data from Citi Private Bank, demand for lawyer time fell only 1% in the first half of 2020, dropping by 4.2% in the second quarter – significantly lower than in 2019. But the lawyers who managed to stay busy had plenty of work to do. Jump straight to: Methodology Winner’s Updates Pandemic Insights from Results South Africa VILAF Raymond Goh – China Tourism Group China South Korea Khaitan & Co Carina Wessles – Alexander Forbes Hong Kong UAE Navrita Kaur – Omesti Group India Vietnam Stanley Lui – TI... April 28, 2021
Ashurst, one of the UK’s oldest law firms, has helped secure a joint-venture between fintech TymeGlobal and JG Summit Holdings to create a new form of digital banking in the Philippines. TymeGlobal, a fintech with a banking license in South Africa, announced on February 23 it had inked a deal for the first digital bank in the archipelago after new banking regulations came into force in November. The Ashurst advisory team was led by Hong Kong-based partner Joshua Cole supported by counsel Hoi Tak Leung and associates Lisette Chan and Jessica Leung. Cole said the joint venture “will set an example for other potential market entrants in offering innovative financial services to the market.” He added that the legal firm reviewed the proposed business structure and assisted with the joint-venture agreements to “ensure the commercial and regulatory requirements of the new business are reflected.” The deal followed a $US110 million Series B funding round for TymeGlobal, spearheaded by JG (which invested $US5 million) and private equity fund Apis Growth Fund II. Apis was advised by ENSAfrica, the largest law firm in Africa. TymeGlobal retained South African law firm Webber Wentzel for its part of the capital raise. The deal is the latest step in the South African digital bank’s push into the Asia Pacific region and represents the first major commercial interest in leveraging the Philippines’ new digital banking framework. This updated legislation sets equivalent requirements for digital banks as for traditional lenders, with a minimum capital of at least 1 billion pesos ($US20 million) and outlines governance, infrastructure and data management requirements for digital banks. According to the... April 21, 2021
The interactive edition of the April 2021 issue of In-House Community magazine is now live (below): Click here to download and read, or read... June 16, 2020
The latest innovations and cultural transformations from our award-winning in-house teams in Asia, the Middle East and South Africa. June 16, 2020
A full rundown of our most commended counsels ... Upcoming Events
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