Akin Gump Strauss Hauer & Feld

Our second quarterly report shows law firms are bolstering their financial practices to meet the growing demand for regulatory compliance

The region has seen a spike in ESG interest as governments focus on net-zero targets, disclosure frameworks and corporate governance codes

Law firms are helping international clients find potential workarounds for the most comprehensive set of rules that has hit the industry in years

In-scope firms are seeking legal advice on the biggest regulatory overhaul in decades, generating new business for the sector

The Modern Land ruling indicates that US law debt can be discharged under Chapter 15, juxtaposing comments made by Justice Harris in a Hong Kong SAR court ruling

The decision in Shandong Chenming Paper Holdings sheds light on the second core requirement at a time when distressed Chinese entities may be increasingly using the jurisdiction’s courts

While the Hong Kong SAR court cooperates with mainland Chinese courts on recognition of bankruptcy administrators, it remains steadfast in not prejudicing rights of parties under jurisdiction clause

The cooperation mechanism bolsters asset recovery for foreign creditors with exposures to distressed companies with mainland assets