Search results for

A recent UK Supreme Court judgment has confirmed that when interpreting a contract, the wider context in which it was agreed should always be considered

The country's restructuring proceedings haven’t yet answered concerns around whether or not contingent claims can be crammed down

A new avenue has been opened up for Indian issuers to raise rupee-denominated bonds from the international debt capital markets

The reappearance of commercial real estate transactions has been facilitated by an increasingly flexible regulatory regime and favourable macroeconomic conditions

Wonil Kim, Myung Soo Lee and Ju Yong Lee, of Yoon & Yang take a look at various proposed legislative attempts to relax the current prohibition on industrial companies owning internet-only banks

On January 16 2017, the Government issued Decree 03/2017/ND-CP (Decree 03) on casino business, after more than a decade in the drafting stage. Under this decree, a casino business enterprise is permitted to operate only within an integrated entertainment, services and tourism zone with minimum investment capital of $2 billion. Decree 03 also mentions 'small scale casino operating enterprises' with total investment capital of less than $2 billion but no specific guidance on this has been given yet. Aside from an investment registration certificate (or investment policy decision), the investment project in an integrated zone is also required to have a certificate for casino business for satisfaction of conditions issued by the Ministry of Finance. Decree 03 also regulates the number of gaming machines and gaming tables based on the total committed investment capital of the project, with maximum of one gaming table and 10 gaming machines for every $10 million of investment capital. The decree also provides that for a period of three years (from the date on which the first casino business enterprise was licensed to conduct the trial), Vietnamese resident citizens, subject to certain restrictions, are permitted to gamble at casino business locations, on a pilot basis.

Colombia's most ambitious infrastructure programme commenced in 2012 with the enactment of Law 1508, which introduced public-private partnerships (PPPs). Later in 2013, the government launched its fourth-generation toll road programme (4G), the largest infrastructure programme in Colombia, aimed at reducing the country's lag in toll road infrastructure while promoting its development.

Xiao Yong Rose Zhu In Australia, former Allens chief executive partner Michael Rose, started a new Sydney-based role as special adviser with KPMG, providing the firm's leadership teams with insights supporting growth initiatives. MINTERELLISON bolstered its M&A practice by bringing in Perth-based partner, Paul Shillington, who was previously chief legal officer and corporate secretary at Geneva-based Oryx Petroleum, and PINSENT MASONS launched its flexible lawyering service–a disruptive innovation in the form of alternative legal services – Vario in Australia, its first move outside the UK.

Eun Joo Kang, Sung Yun Kang and Jay Lee of Bae Kim & Lee discuss the impact of a proposed relaxation of bank ownership restrictions for internet banks

Jung Min Lee, Gye-Jeong Kim and Denai (Minji) Koh of Kim & Chang take a look at how crowdfunding is regulated in Korea, and assess if this new flexible form of financing could one day surpass bank lending for SMEs