Commentary: Deferred Prosecution Agreements in Singapore

Reading Time: 7 minutes(A) DPA in Singapore? In a 16 January 2018 Business Times article, it was reported that Minister for Home Affairs and Law K Shanmugam announced that there is a possibility of Deferred Prosecution Agreements (“DPAs”) being offered in Singapore to corporations if they abide by specific requirements. Mr Shanmugam said at the Modernising Criminal Justice: […]

Hong Kong: HKEx published its latest review of corporate governance practices and updated its guidance material on ESG reporting

Reading Time: 8 minutesIntroduction On 16 November 2018, The Stock Exchange of Hong Kong Limited (the “Exchange”) published the findings of its latest review of listed issuers’ corporate governance practices and updated its guidance material on environmental, social and governance (“ESG”) reporting. Latest review of listed issuers’ corporate governance practices Since the introduction of the Corporate Governance Code […]

Singapore Trade Marks – Intercontinental Exchange Holdings Loses Registration Of “BRENT” and “BRENT INDEX” Trade Marks After Successful Invalidation By Chicago Mercantile Exchange – Chicago Mercantile Exchange Inc. v Intercontinental Exchange Holdings, Inc. [2018] SGIPOS 20

Reading Time: 10 minutesIn a decision rendered by the Intellectual Property Office of Singapore (“IPOS”), it was held that the “BRENT” and “BRENT INDEX” trade marks registered by Intercontinental Exchange Holdings, Inc. is to be declared invalid as Chicago Mercantile Exchange Inc. successfully pleads all grounds of invalidity in their application. (A) Who are the parties involved in […]

Lao PDR Legal Alert: New Economic Dispute Resolution Law in Effect

Reading Time: 3 minutesThe Amended Law on the Resolution of Economic Disputes (Nº 51/NA, 22 June 2018) (the “Amended Law”) came into effect on 6 December 2018 and replaced the previous Law on Economic Dispute Resolution (Nº 06/NA, 17 December 2010) (the “2010 Law”). A key highlight of the Amended Law is the inclusion of more detailed procedures […]

Intellectual Property Commentary: The Lost Beat

Reading Time: 3 minutesBeats Electronics, LLC lost its opposition in Singapore against the registration of LG’s mark for “QuadBeat” applied for in Class 9 for various goods, including “Audio Receivers; Headphones; Earphones; Headphones with microphone function; Headsets”. In the opposition, Beats Electronics, LLC relied on nine of its registered trademarks, including the word “BEATS” for a range of […]

Myanmar Legal Alert: Myanmar Enacts Trademark Law with Priority Protection

Reading Time: 2 minutesOne of the most significant developments in the spectrum of intellectual property rights in Myanmar is the enactment of the Trademark Law (“TL”). The TL though enacted on 30 January 2019 has not yet entered into force pending the issuance of a Notification by the President of Myanmar. Newsletters related to the TL that were […]

[Photos] Financial and Alternative Investments: Moving towards Financial Liberty

Reading Time: 1 minutesOn the 30th January 2019, Asia Law Network together with Lu International organised a panel discussion on Financial and Alternative Investments. The speakers on Panel One include: Ms Gillian Lee, Head of Business Development and Marketing at Lu International, Mr Benjamin Szeto, Deputy Head of RHTLaw Taylor Wessing’s Private Wealth Industry Group, Mr Steven Liew, […]

Singapore Trade Marks – Monster Energy Company Failed Yet Another Opposition – Monster Energy Company V NBA Properties Inc. [2018] SGIPOS 16

Reading Time: 8 minutesIn a decision rendered by the Intellectual Property Office of Singapore (“IPOS”), it was held that Monster Energy Company had failed in its opposition against NBA Properties Inc. Whilst the energy drink company has spent more than US$2.2 million in marking and promotional activities in Singapore, it has also launched multiple strikes against various different […]

Myanmar: Insolvency Laws in Myanmar

Reading Time: 6 minutesThis article has been published in IBA Banking Law Committee Publications. Insolvency laws in Myanmar Myanmar insolvency legislation is interspersed with and revolves around the Rangoon Insolvency Act 1910 (‘Rangoon Act’), the Burma Insolvency Act 1920 (‘Burma Act’) and the Myanmar Companies Law 2017 (MCL). Like the majority of laws in the country, both the […]

Lost in Translation: A Balancing Act in Southeast Asia

Reading Time: 8 minutesBrand owners with trademarks in English or another home country language who have strong business interests in Southeast Asia often wonder whether they should also protect their brands in local languages within targeted markets. One key factor in considering whether to file trademarks in multiple languages is typically cost. That said, sometimes it is better […]

Regional News Alert: Extra Severance Pay and More Benefits for Employees in Thailand in Early 2019

Reading Time: 5 minutesChanges to Thailand’s Labor Protection Act – What do you need to know? On 13 December 2018, the draft amendment to the Labor Protection Act (LPA) was approved by the National Legislative Assembly and is expected to come into force soon. The legislation was changed to become more favorable for employees throughout 2018 and is […]

Hong Kong: Court orders boiler room fraudsters to compensate investors

Reading Time: 4 minutesIntroduction On 21 December 2018, the Securities and Futures Commission (the “SFC”) succeeded in its actions against boiler room fraudsters, where the Court of First Instance (the “CFI”) ordered such fraudsters to compensate investors who fell victim to the scams, in accordance with section 213 of the Securities and Futures Ordinance (the “SFO”). Background Boiler […]