Legal Bulletin June 2019

27 June 2019

Download PDF

 

Competition

CCCS affirms closer cooperation with international competition agencies under ICN Framework on Competition Agency Procedures

Corporate

ACRA issues Registrar’s Interpretation No. 1 of 2019 on alteration of constitution with respect to objects of company and lodging requirements under Companies Act

Singapore Court of Appeal upholds SICC decision in minority oppression case

Data Protection

PDPC consults on proposed introduction of data portability and data innovation provisions

PDPC updates Guide to Managing Data Breaches 2.0 and issues new Guide on Active Enforcement

Dispute Resolution

Singapore Court of Appeal finds party who fails to participate in arbitration proceedings can raise jurisdictional objection after issue of final award

Intellectual Property

New Intellectual Property Insurance Initiative for Innovators covers legal expenses incurred in IP proceedings worldwide

Restructuring & Insolvency

Singapore Court of Appeal issues seminal decision on financial disclosure requirements and third party releases in group restructurings

Tax

MOF seeks comments on draft Income Tax (Amendment) Bill 2019

General

Protection from Online Falsehoods and Manipulation Bill passed in Singapore Parliament

Regional News

Malaysia

Bank Negara Malaysia announces development initiatives to enhance market liquidity and accessibility

Malaysian Communications and Multimedia Commission issues M&A guidelines for telecoms sector

Myanmar

New regime of Myanmar intellectual property laws complete with passing of Copyright Law

Myanmar Ministry of Commerce mandates wholesale/retail registration for previously exempted commodities

Publications

The Corporate Tax Planning Review (1st Ed, 2019): Singapore chapter

The Banking Regulation Review (10th Ed, 2019): Singapore chapter

The Financial Technology Law Review (2nd Ed, 2019): Singapore chapter

Getting The Deal Through: Corporate Reorganisations 2019 - Singapore chapter

The International Comparative Legal Guide to Project Finance 2019

The International Comparative Legal Guide to Corporate Recovery & Insolvency 2019: Singapore chapter

The International Comparative Legal Guide to Product Liability 2019: Singapore chapter

Practical Law Cross-border Commercial Transactions: Agency - Singapore Q&A

Practical Law Cross-border Commercial Transactions: Distribution - Singapore Q&A

Business Law International: FinTech in Singapore

IBA Directors’ Duties Checklist 2017: Singapore chapter

Deals

Issue of S$1.4 billion notes by Land Transport Authority of Singapore

Establishment of S$1 billion multicurrency debt issuance programme by Keppel Infrastructure Trust

Issue of US$650 million senior notes by PT Medco Energi Internasional Tbk

US$565.8 million initial public offering of Eagle Hospitality Trust

US$498 million initial public offering of ARA US Hospitality Trust

Issue of US$250 million guaranteed senior notes by Lippo Malls Indonesia Retail Trust

Awards & Rankings

Allen & Gledhill ranked in top 100 Restructuring & Insolvency practices worldwide and recognised in Global Restructuring Awards 2019

Allen & Gledhill Intellectual Property Practice ranked in IAM Patent 1000 2019

Allen & Gledhill wins Editor’s Choice Impact Deal of the Year awards at Asialaw Regional Awards 2019

Allen & Gledhill wins regional award at the In-House Community: Counsel of the Year Awards 2019