|Clifford Chance has hired Raymond Tong, one of Singapore’s most highly regarded equity capital markets specialists, as a partner in its global Capital Markets practice. Tong, who will join the firm on December 2010, has worked on some of the most high-profile ECM deals in Singapore in recent years, including last year’s US$2 billion IPO by CapitaMalls Asia, which was the city’s largest offering in 15 years.
DLA Piper has strengthened its capabilities in Asia with the recent appointment of Paul Lee as a partner and head of its Finance and Projects group in Hong Kong. With over 17 years of banking related experience, Lee’s finance expertise includes complex cross-border financings, structured lending, acquisition financing, syndicated lending, project financing, receivables financing, convertible bonds and debt restructuring. He also has wide geographical expertise, with particular strength in Hong Kong and the PRC. Lee’s appointment coincides with the appointment of partner Matthew Glynn as head of the firm’s Intellectual Property and Technology group in Asia. Glynn was previously head of the firm’s Middle East IPT practice and has over eight years’ experience advising on major IPT deals across the Asia Pacific region.
Khaitan & Co has appointed India and New York-qualified lawyer Rajat Mukherjee as an associate partner in its New Delhi office. After completing his LLM from Columbia University in New York, Mukherjee joined Skadden, Arps, Slate, Meagher & Flom where he represented various domestic and international clients in M&A, joint ventures and other general corporate matters. He also represented investment banks on various financing transactions, including IPOs and other offerings exempt from SEC registration, and now joins Khaitan & Co from a leading Mumbai firm.
Majmudar & Co has appointed Abdul Rasheed, who has 18 years of experience in corporate/commercial and banking work, as an associate partner in its Bangalore office. Prior to joining the firm, Rasheed was associate vice president in the corporate legal and compliance department of ING in India where he advised on several matters involving Indian and US securities laws, securitization laws, foreign exchange laws, anti-money laundering laws, UN/US/EU economic sanctions, export and import regulations, and competition law. Earlier in his career, he has worked in roles for a leading law firm in Kerala, the Central Bureau of Investigation, and the Ministry of Corporate Affairs, in addition to serving as Assistant Official Liquidator to the Karnataka High Court and as Assistant Registrar of Companies (Legal), Karnataka.
The firm has also welcomed Ravishankar Raghavan as principal of its Tax group in its Mumbai office. Raghavan, who has a post graduate degree in law and has also completed management studies with Mumbai University, has more than 17 years of experience in corporate tax advisory work, international taxation and tax litigation services. Prior to joining the firm, he was associated with Ernst & Young and PWC, and his clients have included Deutsche Bank, Axis Bank, Future Group, Bank Muscat, State Street Funds, Engelhard Corporation, Congest Growth Funds, Lloyd George Management Funds, who he has advised on diverse tax matters.
Stamford Law has announced the appointment of senior arbitration and litigation lawyer Tan Chuan Thye, who joined the firm on 15 September as a director. One of the first Justices’ Law Clerks of the Supreme Court of Singapore, Thye has since held leadership positions in the dispute resolution practices of Allen & Gledhill and, more recently, Baker & McKenzie. He is a fellow of the Chartered Institute of Arbitrators and of the Singapore Institute of Arbitrators, as well as a member of the Singapore International Arbitration Centre’s panel of arbitrators.
New regulation on the prohibition of sales of alcoholic beverages online
In line with evolving trends in technology, certain entrepreneurs and retailers have started using online channels to sell alcoholic beverages, which makes it difficult to ensure the sale of such beverages is in accordance with existing laws ...