ABLI spoke to Edmund Kronenburg, managing partner of Braddell Brothers LLP, on how to smoothen cross-border transactions for both lawyers and clients.
On 3 September 2020, ABLI released the Asian Principles for the Recognition and Enforcement of Foreign Judgments (Asian Principles), a set of 13 overarching principles that underpin the recognition and enforcement of foreign judgments in Asia Pacific.
China has introduced Covid-specific insolvency measures through a key document titled Guiding Opinions of the Supreme People's Court on Several Issues concerning the Proper Hearing of Civil Cases Involving the Covid-19 Pandemic Pursuant to the Law (2).
The Myanmar Accountancy Council and the Asian Development Bank are now cooperating to deliver a series of insolvency law training programs to relevant government departments and professional bodies.
Possibly the first ever attempt to have a Myanmar judgment recognised and enforced in China has failed.
In this write-up, we spoke to Mr Jay Cohen, a partner and director of Tilleke & Gibbins who is based in Phnom Penh, who will give us on-the-ground information about insolvency in the country.
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ABLI looks at some of the key features of the Personal Bankruptcy Regulations of the Shenzhen Special Economic Zone (Draft for Comments) , the draft of China's first ever personal bankruptcy regulations.
Three months have passed since the Insolvency Law 2020 went into effect in Myanmar. ABLI has reached out to practitioners based in the country for first-hand information on the actual operations of the new law which is expected to play a big role during these uncertain Covid times.
Daegu High Court in South Korea recognised a judgment from the People's Court of Chaoyang District in Beijing on 12 July 2019.