Telecom giant Vodafone Group recently won an international arbitration case against the Indian government, bringing one the country’s most high-profile disputes — a $2 billion tax claim — to a close. According to an international arbitration tribunal in The Hague, India’s government has breached an investment treaty agreement between India and the Netherlands with its imposition of tax liability on Vodafone, Reuters reported. The tribunal has directed India to pay $5.47 million to Vodafone in compensation for its legal costs.
Corporate Japan’s lack of gender diversity is a widely known issue. While investors and the government have been pushing for greater female representation on company boards, women-only reportedly represent just six percent of board members at listed Japanese companies today, even though it represents a modicum of progress compares to three percent back in 2016.
During a year unlike any other, the pressure has been on in-house lawyers to lead their teams through uncharted territory. But it’s not just about the work — lawyers are also ensuring their staff emerge ready to tackle an increasingly challenging legal landscape.
Walkers' Andy Randall, Nicholas Davies, Rupen Shah, and Joanne Collett speak to ALB about the firm's recent developments and its entrance into the Bermuda legal market.
DLA Piper has welcomed back real estate Ed Sheremeta as a partner from Ropes & Gray, where he spent nearly six years.
With the fallout from corporate scandals, rapid globalisation, increased focus on corporate governance, advancement in technology and data protection, the role of a general counsel has gained significant importance. Several years ago, the role of a general counsel was perceived to be a lifestyle-friendly prelude to retirement or sometimes, in the case of a woman, a role which she would transition to once she got married or had children, since it was perceived to support a work-home balance and did not have the long hours synonymous with a law firm practice.
Thailand’s Chandler MHM has advised Phu Yen TTP Joint Stock Company (Phu Yen JSC) on a $186 million loan to develop and operate a 257MW solar power plant in Hoa Hoi, Phu Yen Province, Vietnam, with Clifford Chance representing the lenders.
Strengthening cooperation and innovation, turning challenges into opportunities: Reflections on the development of international arbitration in the time of COVID-19 [Brought to you by CIETAC]BY Wang Chengjie |
The ongoing COVID-19 pandemic has an unprecedented impact on the global economy and poses severe challenges to international dispute resolution. The pandemic has forced all international arbitration practitioners to think over how to turn crises into opportunities.
In early November, Ant Group’s planned $37-billion blockbuster dual listing in Shanghai and Hong Kong was brought to a halt by financial regulators. In the same day, Chinese regulators also published draft rules to boost the oversight of online micro-lending.