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DEAL OF THE MONTH - DECEMBER 2022

13 December 2022 by asialaw

asialaw's Deal of the Month for August 2022 is...

News & Analysis

Han Kun Releases 2021 Fund Practice Data Analysis Report: PE fund market rebounded. Smart hardware and biomedicine retained the crown

02 December 2022 by Han Kun Law Offices - China

In 2021, markets appeared to reach a new equilibrium following the widespread rampage wrought by Covid-19 the year before, as many economies gradually adjusted to the “new normal” and business activities saw a sharp rebound.

News & Analysis

Indonesia’s Competition Authority Takes SME Partnership Supervision to a New Level

11 November 2022 by Makarim & Taira S - Indonesia

The year 2022 marks a historic era for Indonesia’s Business Competition Authority (“KPPU”) as it is the year KPPU ruling on Partnerships involving Small Medium Enterprises (“SME”)’s passed. While stakeholders find it undisputed that SME Partnerships are distinct from competition matters, the prevailing laws and regulations provide that the supervision of SME Partnerships is borne by KPPU. Now that KPPU is actively enforcing that authority, business actors need be aware of and observe this issue moving forward.

News & Analysis

Indonesia’s First Comprehensive Legal Framework for Personal Data Protection

28 October 2022 by SHIFT Counsellors at Law - Kurniawan Tanzil and Septiani Pratiwi

The long wait is over. The House of Representatives has finally ratified the draft law on personal data protection. The draft law was passed into Law No. 27 of 2022 on Personal Data Protection (the “Privacy Law”) and has come into effect since 17 October 2022.

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LAWYER OF THE MONTH - OCTOBER 2022

18 October 2022 by asialaw

asialaw's Lawyer of the Month for October 2022 is...

News & Analysis

Integration of decentralised blockchain (off-chain) arbitration

14 October 2022 by Dominic Ng Ken Ming

In an era of accelerating developments in the domain of Web3, smart contracts and blockchain are concepts that are increasingly familiar. Likewise, heralds for the digitalisation of traditional and classic dispute resolution mechanisms have never been louder. To properly decipher and ensure smooth digital adoption, it is of paramount importance for practitioners, to appreciate and understand the local legislative mechanisms in order to ensure the enforceability of awards arising from such digitalised dispute resolution mechanisms. This article highlights, solely, from a Malaysian legal perspective, how decentralised arbitration platforms can potentially be integrated with existing domestic legal frameworks.

News & Analysis

Helmsman LLC welcomes Una Khng onboard to head its Commercial Disputes Practice Group in Asia Pacific and Greater China

05 October 2022 by Helmsman

Helmsman LLC, one of Singapore’s leading law firms, has appointed Ms. Una Khng as Director and Head of its Commercial Disputes Practice Group.

News & Analysis

Skyrocketing Material Prices’ Impact on Construction Contracts and Impending Amendment to Korean Fair Transactions in Subcontracting Act

04 October 2022 by Jipyong - South Korea

While the global economy is suffering from COVID-19 related recession and political unrest, the construction industry has been hit especially hard by surging prices of materials and wages. Subcontractors in particular are suffering huge losses. To cushion the harsh blow to contractors and subcontractors, the Korean government has introduced a mechanism called “Supply Cost Linkage System” effective September 2022. Through this system, increases in raw material prices can be automatically reflected and incorporated into construction costs. This system, however, is not mandatory under the current law, and several bills to amend the Fair Transactions in Subcontracting Act (the “Subcontracting Act”) are being introduced one after another.

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asialaw Awards 2022/23 - WINNERS ANNOUNCED

30 September 2022 by asialaw

Check out the full list of asialaw Awards 2022/23 winners here...

News & Analysis

Indonesia’s Personal Data Protection Law Finally Enacted

26 September 2022 by Makarim & Taira S - Indonesia

After extensive discussions and multiple changes to the draft bill since 2016, the Indonesian House of Representatives passed the draft bill on Personal Data Protection on 20 September 2022 (“Personal Data Protection Law”). The Personal Data Protection Law will be the basis of the regulations on personal data protection and this advisory highlights the key provisions.