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News & Analysis

Grounds for the Annulment of Domestic Arbitration Awards in Indonesia (Recent Development)

26 January 2022 by Makarim & Taira S - Indonesia

Following the issuance of Constitutional Court Ruling No. 15/PUU-XII/2014 dated 11 November 2014, up until now, no clear guidance has been provided on the use of Article 70 of the Arbitration Law (Law No. 30 of 1999) ie, the reasons for which an arbitration award can be annulled. This advisory discusses the recent development in the interpretation of Article 70 of the Arbitration Law by the Indonesian courts.

News & Analysis

Stock Exchange Conclusions on Corporate Governance Code

06 January 2022 by LC Lawyers

The Stock Exchange of Hong Kong Limited (“Stock Exchange”) published in December 2021 the conclusions to its consultation paper of April 2021 titled “Review of Corporate Governance Code and Related Listing Rules” , with an aim to enhance the corporate governance practices and reporting by listed companies.

News & Analysis

Integrity is key: Hong Kong’s new Corporate Governance Code mandates that issuers establish anti-corruption and whistleblowing policies

04 January 2022 by LC Lawyers

In our earlier publication “COVID-19 heightened corruption risks – A Hong Kong guide” , we forewarned that COVID-19 and the challenges it posed to enforcement authorities, organizations and their workforce would allow corruption to thrive.

News & Analysis

ESG Series – What is COP26?

22 November 2021 by LC Lawyers

As COP26 is making global headlines, what exactly is this gathering and what makes it different from other global summits in the past? In this article, we will briefly discuss COP26 and its significance in tackling climate change and what it means for businesses worldwide.

News & Analysis

ESG Series – Carbon credits and carbon trading

04 November 2021 by LC Lawyers

Climate change has been impacting our daily lives notably in the last few years as we are witnessing extreme weather conditions such as heavy rain, floods, and heatwaves at a global scale.

News & Analysis

Cross-boundary Wealth Management Connect - the official launch

30 September 2021 by LC Lawyers

The Cross-boundary Wealth Management Connect (“WMC”) in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”) of mainland China was officially launched on 10 September 2021.

News & Analysis

Court Ruling as to the Issue of Internal Control in the Korean Financial Sector

24 September 2021 by Soonghee Lee, Jeongsu Park

In Korea, investors and selling financial companies are in a difficult situation due to the postponement of redemptions of private equity funds from the second half of 2019.

News & Analysis

Where to bring a claim in a dispute between employer and employee in Hong Kong – the Labour Tribunal or the Court?

20 September 2021 by LC Lawyers

The Hong Kong Labour Tribunal offers a comparatively quick, informal and inexpensive way of settling monetary disputes between employees and employers as compared to the Courts of Hong Kong. This makes it an attractive venue, particularly to employees with limited resources.

News & Analysis

A salutary lesson for partners: you are liable for your firm’s anti-competitive practices even if you were not involved in them

13 September 2021 by LC Lawyers

In our earlier publication “A sign of things to come: Hong Kong competition enforcement developments and trends”, we reported on the Competition Tribunal (the “Tribunal”)’s imposition of pecuniary penalties totaling HK$3.97 million on 10 contractors who breached the first conduct rule by participating in a market-sharing and price-fixing arrangement in relation to decoration work in a public housing estate.

News & Analysis

An employee or an independent contractor?

27 August 2021 by LC Lawyers

The COVID-19 pandemic present challenges on important people issues and has drastically changed many workplace aspects. Businesses have responded by restructuring its workforce to save costs and remain agile.