Sidley Austin has added Tai-Heng Cheng as partner in its New York office. He joins from Quinn Emanuel Urquhart & Sullivan, where he chaired the New York international arbitration practice. He was previously a tenured professor of law at New York Law School and served as co-director of the Institute for Global Law, Justice and Policy. Cheng will be based in New York, but will also be spending time in Asia and Europe. Fluent in English and Mandarin, he focuses on international commercial and investor-state arbitration, having achieved victories in high-profile matters in Asia, New York and Europe. He enjoyed a prominent win in Vantage v Petrobras, where the International Centre for Dispute Resolution awarded US$622 million plus 15.2 percent compound interest for the client. He has also represented his clients in litigation, investigations and government enforcement matters across the globe. Cheng has also served as tribunal chair or co-arbitrator in numerous arbitrations before major international arbitral institutions across multiple continents, and is a member of the arbitration panels of arbitration institutions in North America, Europe and Asia.
New Decree on special preferential import/export tariffs under the CPTPP
Plus recent Vietnam updates on insurance, public investment and minimum wages.
SCA issues guidelines for financial institutions on anti-money laundering
The advent of AML and ATF guidance is a welcome step for businesses in the UAE.
Update on Stamp Duty regulating electronic transactions
A new notification requires parties who enter certain electronic transactions to pay stamp duty in cash.