The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Norton Rose Fulbright

GROSVENOR PLACE, 225 GEORGE STREET, SYDNEY, NSW 2000, AUSTRALIA
Tel:
Work +61 2 9330 8696
Email:
Web:
www.nortonrosefulbright.com

Australia

Banking and finance
Banking and finance - ranked: tier 3

Norton Rose Fulbright

Norton Rose Fulbright’s department is especially active on the lender side, counting numerous international and domestic banks among its clients. Jo Crew advised a syndicate of lenders on the A$2.4bn debt refinancing of Reliance Rail, a PPP responsible for manufacturing and maintaining Sydney’s Waratah passenger trains. James Morris, a debt capital markets expert with particular experience in receivables finance, made partner in January 2017; he was part of a team that advised Credit Suisse and Bank of America on the Australian law aspects of their $130m credit loans to Zodiac Pool Solutions. The practice also acted for Credit Suisse on its $520m loan to Zodiac Pool Solutions for its purchase of Zodiac Pool Holding. Alison Deitz and Nuncio d’Angelo head the practice; Nino Di Bartolomeo and Dale Rayner are also recommended. Chris Redden left to join Ashurst. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

[back to top]

Capital markets
Capital markets - ranked: tier 3

Norton Rose Fulbright

Norton Rose Fulbright’s practice acts for numerous global and domestic financial institutions, and advises corporations across various sectors on ECM matters. James Morris, who made partner in January 2017, heads the DCM and securitisation group; he acted for the Royal Bank of Canada on its A$625m note issuance, and advised NAB as lead manager and initial subscriber on a A$20m note issuance by a New Zealand bank. The Bank of New York Mellon is another of Morris’ clients. Iain Laughland heads the ECM practice; ECM expert Shane Bilardi is ‘very practical, commercial and technically excellent’. Securitisation expert Scott Millar and ECM specialist James Stewart are also recommended. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

Leading individuals

Iain Laughland - Norton Rose Fulbright

[back to top]

Competition and trade
Competition and trade - ranked: tier 2

Norton Rose Fulbright

Norton Rose Fulbright’s team is ‘client-focused, legally innovative, efficient and always prepared for court proceedings’. It is jointly led by the national head of competition and antitrust and ‘very skilled tacticianNick McHugh and Martyn Taylor, who leads the Asia Pacific telecoms and trade practices. The firm recently suffered the loss of Tom Jarvis, who took up a partner position at Johnson Winter & Slattery; however, his dispute resolution practice will be taken over by special counsel James Love in Melbourne and the ‘diligent and capable’ Claire Forster in Sydney. Macquarie engaged the team to defend a major ACCC cartel prosecution in relation to allegations of collusion in Singapore in the context of foreign exchange benchmarks, and Melbourne partner Andrew Riordan is representing the ACCC in its prosecution of an alleged cartel between the three largest laundry detergent suppliers in the Australian market. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

Next generation lawyers

Claire Forster - Norton Rose Fulbright

[back to top]

Construction
Construction - ranked: tier 2

Norton Rose Fulbright

Norton Rose Fulbright regularly acts for project developers, owners, financiers, domestic and international investors and construction companies. It continues to act for Asia Pacific Development Partners and Star Mountain Plaza in relation to the $495m construction of the Star Mountain Plaza development in Port Moresby, Papua New Guinea. Calvary Health Care Adelaide instructed the team regarding the development of Adelaide’s Calvary City Hospital. The practice has also been busy advising on renewables construction matters, acting for Goldwind Australia, White Rock Wind Farm and White Rock Solar on wind and solar farm projects. Head of construction and engineering Grant Ahearn is recommended along with James Morgan-Payler and Peter Lamont. Joshua Paffey left to join Corrs Chambers Westgarth, while Matthew Croagh moved to Pinsent Masons LLP. ACCIONA Infrastructure, Lendlease, Origin Energy, and McConnell Dowell are also clients. The department has been appointed to the panel of both John Holland Group and Downer Group. Henry Davis York and Norton Rose Fulbright have announced their intention to merge towards the end of 2017.

Leading individuals

Grant Ahearn - Norton Rose Fulbright

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 3

Norton Rose Fulbright

Infrastructure and energy are notable sector strengths of Norton Rose Fulbright’s team, which is headed by Richard Lewis. Shane Bilardi acted for BP on its purchase of Woolworths Group’s retail fuel distribution business. Public M&A is a strength of the practice: James Stewart assisted Pulse Health with its A$150m takeover by Healthe Care. John Elliott is also recommended. The departure in 2017 of infrastructure M&A expert Nigel Deed and Japan-related M&A specialist Michael Joyce – to Ashurst and Akin Gump Strauss Hauer & Feld LLP respectively – were partly offset by the arrival of infrastructure specialist Martin Irwin and Jasmine Sprange, from Baker McKenzie and Clayton Utz respectively. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

Leading individuals

John Elliott - Norton Rose Fulbright

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 3

Norton Rose Fulbright

The ‘depth of experience’ of Norton Rose Fulbright’s team, which counts insurance, energy, infrastructure, insolvency and competition as key strengths, helps clients ‘navigate complex issues’. Department head Peter Cash acted for Stonewall Resources in arbitration against Shandong Qixing Iron Tower regarding the former’s sale of Stonewall Mining to the latter. Christine Small advised a group of five mining companies in a dispute with Aurizon Network over infrastructure agreements regarding the Wiggins Island Coal Export Terminal. ‘Commercial, results-focused’ class actions expert Tricia Hobson defended three former directors of QrxPharma in a shareholder class action regarding alleged regulatory non-disclosure. Also recommended are regulatory litigation specialist Grant Bonner and energy, mining and infrastructure expert Dylan McKimmie in Sydney and Perth respectively. In October 2017, the Sydney office welcomed Ann Donohue, who was a litigation partner at Minter Ellison for over 20 years. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

[back to top]

Energy (transactions and regulatory)
Energy (transactions and regulatory) - ranked: tier 3

Norton Rose Fulbright

Norton Rose Fulbright has set its eyes on the Papua New Guinea market, opening an office in Port Moresby in November 2016. Renewables is another area of growth for the practice, which recently advised Enel Green Power and Dutch Infrastructure Fund on the purchase of the largest ready-to-build solar project in Australia – the 275MW Bungala Solar project. BP International instructed the team on its acquisition of Woolworths’ retail fuel distribution business, comprising a network of 527 retail petrol stations. Tamarind Classic Resources received advice on its multi-jurisdictional $6m acquisition of the Tui offshore petroleum project in New Zealand. Global head of energy Simon Currie is highly recommended. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

Leading individuals

Simon Currie - Norton Rose Fulbright

[back to top]

IT and telecoms
IT and telecoms - ranked: tier 2

Norton Rose Fulbright

Nick Abrahams and Martyn Taylor head Norton Rose Fulbright’s technology and innovation, and telecommunications groups, respectively, from the Sydney office. Ausgrid appointed the team to oversee its privatisation by a consortium of superannuation funds, and Vodafone sought regulatory advice with regards to its request to the Australian Competition and Consumer Commission (ACCC) for the regulation of domestic mobile roaming. On the international front, Taylor is representing Ooredoo group’s Myanmar branch in a long-term investment in the country’s infrastructu – re market for the rollout of mobile coverage. Michael Park’s practice was taken over by Bernard O’Shea in Melbourne after his departure to Allens. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

[back to top]

Insurance
Insurance - ranked: tier 1

Norton Rose Fulbright

At Norton Rose Fulbright, Tricia Hobson leads the ‘outcome-focused’ team, which ‘delivers timely and commercial advice’ across the full spectrum of contentious and non-contentious insurance work. Brisbane-based Brett Solomonis a leading legal mind in insurance law’; he applied his ‘excellent communication and negotiation skills’ to advising an international company of engineers and their professional indemnity insurers with regards to a dispute pertaining to the design of a high-rise building. In Melbourne, CGU engaged a team led by Nicole Wearne to oversee its initial indemnity policy response and later issues of standing in the context of proceedings filed against Crewe Sharp and four of its former directors. Other highlights includes acting on a major data breach incident, which included assisting the insured with its response to the ongoing investigation, and representing SunWater in a class action arising from serious flooding in Queensland in 2011. The Sydney-based Ray Giblett and Mark Attard in the Melbourne office – which was recently bolstered by the promotion to partner of Matt Ellis and Jyoti Singh – are also names to note. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

Leading individuals

Mark Attard - Norton Rose Fulbright

Nicole Wearne - Norton Rose Fulbright

Ray Giblett - Norton Rose Fulbright

Tricia Hobson - Norton Rose Fulbright

[back to top]

Intellectual property
Intellectual property - ranked: tier 2

Norton Rose Fulbright

Norton Rose Fulbright’s ‘very commercial and responsive’ team is jointly led by the Sydney-based head of intellectual property Frances Drummond, who specialises in all aspects of brands, and Cameron Harvey, who leads the disputes resolution practice from the Melbourne office. The firm handles prosecution, disputes and commercialisation matters for global and local clients. Sydney-based Georgina Hey advises Goodman on the management of its global trade mark portfolio, which involves an international expansion of its registered trade mark protection; she is also assisting Quayeyewear with its IP portfolio. On the litigation front, a team led by Sydney-based Jackie O’Brien is defending Aldi from multiple actions, including trade mark infringements, consumer law breaches and misleading conduct claims filed by Moroccanoil with regards to the client’s hair care range. Associate Alyson Poole is also recommended. Norton Rose Fulbright and Henry Davis York announced their intention to merge in late 2017.

[back to top]

Labour and employment
Labour and employment - ranked: tier 2

Norton Rose Fulbright

The ‘brilliant team’ at Norton Rose Fulbright gives ‘sensible, practical advice’, and counts construction, energy, mining and transport as key sector strengths. The team is also active in the public sector: Sally Woodward defended the Commissioner of Police and the New South Wales Police Force against discrimination and victimisation claims brought by a former employee. Additionally on the contentious side, David Cross represented DP World Sydney in proceedings to successfully enforce a non-competition restraint. Lendlease, JKC Australia LNG and ADCO Constructions are other representative clients. Public sector expert Sarah Ralph, practice head Martin Osborne and Jason Noakes are also recommended. Stuart Kollmorgen left the legal profession to join Future Fund Management Agency in October 2016. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

[back to top]

Media and entertainment
Media and entertainment - ranked: tier 3

Norton Rose Fulbright

Norton Rose Fulbright acts for Fairfax Media, the Independent Print Media Group and Junkee Media, among others. Martyn Taylor, who co-heads the practice with Nick Abrahams, advised the Catholic Education Network on the procurement and implementation of new media and educational content services, while Abrahams was part of the team representing Albert Investments on the sale of J Albert & Son to BMG Music. In other highlights, the team is currently overseeing the deployment of a video service to compete with Netflix in a South East Asian jurisdiction, and assisted a digital news group with the sale of 85% of its stake to oOh!media. Head of the intellectual property group Frances Drummond is also a noteworthy contact. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

[back to top]

Natural resources (transactions and regulatory)
Natural resources (transactions and regulatory) - ranked: tier 2

Norton Rose Fulbright

Norton Rose Fulbright’s recent regulatory work includes advising the Queensland Competition Authority on its decision on Aurizon Network’s access undertaking for the Central Queensland coal network, the largest coal rail network in Australia. The team has also been busy with restructuring work, such as advising Ansteel on the restructuring of its 52%-owned subsidiary, Karara Mining. The Newlake Alliance Management consortium received advice on its bid for ASX-listed Arrium Australia, which entered voluntary administration in April 2016. Head of mining Jake Howard and head of infrastructure, mining and commodities Keira Brennan are recommended; the latter ‘is highly specialised in the coal industry but also understands Japanese company culture well’. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

[back to top]

Project development
Project development - ranked: tier 3

Norton Rose Fulbright

Norton Rose Fulbright’s practice is able to draw on the firm’s construction, environment, planning and engineering expertise when handling large-scale projects. The team has a busy renewables practice, and advised Conergy Australia on the A$42.5m Lakeland Solar and Storage project. It continues to advise Kumul on the procurement of the A$4bn Ramu 2 hydropower project, a proposed 180MW hydroelectric power station in Papua New Guinea (PNG). PNG-related work has been an area of growth, underpinned by the firm’s opening of an office in Port Moresby in November 2016. Jo Crew, Keira Brennan and James Morgan-Payler are singled out. Henry Davis York and Norton Rose Fulbright have announced their intention to merge towards the end of 2017.

[back to top]

Project finance
Project finance - ranked: tier 2

Norton Rose Fulbright

Norton Rose Fulbright has expertise with alternative financing methods and a focus on infrastructure project financings. Renewables is an area of growth: the team advised Wirsol Energy on the A$380m financing of a portfolio of three large-scale solar projects in Queensland and Victoria, the first financing of utility-scale solar projects in Australia. The practice also acted for CEFC and NordLB regarding their financing of the 113MW Bodangora wind farm in NSW. The team regularly receives instructions from AMP Capital, Australia and New Zealand Banking Group (ANZ), Brookfield Rail and Capella Capital. Jo Crew is the names to note. Chris Redden left to join Ashurst. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

Leading individuals

Jo Crew - Norton Rose Fulbright

[back to top]

Real estate
Real estate - ranked: tier 3

Norton Rose Fulbright

Australian real estate practice head Michael French and global practice head Peter Trevaskis lead Norton Rose Fulbright’s offering from the Brisbane and Sydney offices, respectively. In Melbourne, Justin Lucas is ‘an astute, trusted and invaluable advisor’ and is currently acting for BP with regards to its acquisition of service stations across Australia from Woolworths; in Sydney, Michael McKee advised the Goodman Group on the divestment of a portfolio of industrial estates to the Blackstone Group. Qube and its related entities also engaged the practice to oversee the development and operation of the Moorebank Intermodal precinct project commissioned by the federal government, which includes the drafting of joint venture agreements with neighbouring land owners, private and public sector entities, and the leasing of the warehouse precinct. Brisbane-based Matthew Derrick is assisting the federal government and Queensland Rail with the redevelopment of the Albion railways station precinct; he is a key contact alongside Nicholas Afaras in Sydney who specialises in infrastructure projects. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

[back to top]

Regulatory compliance and investigations
Regulatory compliance and investigations - ranked: tier 3

Norton Rose Fulbright

The ‘excellent’ team at Norton Rose Fulbright acts for large financial institutions on regulatory compliance matters, including defending them in ASIC investigations, and is involved in anti-bribery work. Regulatory investigations expert Grant Bonner acted for a large Australian bank in an ASIC investigation into foreign exchange market conduct, and represented a large finance business in ASIC’s investigation into its responsible lending practices. Zein El Hassan is also active in contentious and non-contentious financial services regulatory work. On the broader investigations front, Peter Cash advised Essendon Fields on the various external investigations that ensued after a flight accident in February 2017. The Brisbane-based Dale Rayner is noted for his anti-money laundering work. Abigail McGregor is recommended for her work in anti-bribery, corruption and business ethics. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

[back to top]

Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

Norton Rose Fulbright

Praised for its ‘outstanding technical knowledge’, the team at Norton Rose Fulbright is ‘very client-focused, cost-conscious and willing to go the extra mile for clients’. It advises insolvency practitioners on high-profile mandates, and has been especially active in the retail sector: Chris Cruikshank acted for Ferrier Hodgson as receivers and managers of Dick Smith Holdings in its highly publicised insolvency, and assisted Deloitte with its voluntary administration of Howards Storage World. On the creditor side, the ‘experiencedTim Mornane acted for Bank of New York Mellon as trustee for the senior noteholders in relation to Mirabela Nickel’s receivership, and advised Credit Suisse on the restructuring of its exposure to Bandanna Energy. Department head Steven Palmer advised ANZ as lender on the recapitalisation of Peabody Energy’s Australian group. Mitchell Mathas, David Goldman and Chris McLeod are also recommended. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

[back to top]

Tax
Tax - ranked: tier 4

Norton Rose Fulbright

Norton Rose Fulbright’s practice includes stamp duty specialist Andrew Spalding and corporate taxation expert Ellen Thomas who jointly lead the group from Melbourne and Sydney, respectively. Spalding and senior associate Adam Smith represented Danvest and Bullhusq in a stamp duty dispute arising from the acquisition of an interest in the Faircourse Unit Partnership; the team is also acting for a major global insurer in relation to warranty and indemnity insurance policies on M&A transactions. In other highlights, a cross-office team advised data centre developer AirTrunk on a capital raising initiative comprising mezzanine financing and equity investment, and senior associate Antony Faisandier advised HSW Nominees on a riverside precinct project in Brisbane. Restructuring and tax planning specialist and special counsel Stephanie Barnes is also a key contact in Sydney. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

[back to top]

Australia: Dispute resolution

Class actions
Dispute resolution: class actions - ranked: tier 2

Norton Rose Fulbright

The team at Norton Rose Fulbright has ‘strength in depth’, and is noted for its ‘excellent business acumen’, ‘quick response times’ and longstanding experience in the insurance sector. The ‘commercial, results-focusedTricia Hobson, who heads the group jointly with Cameron Harvey, defended Queensland state dam authority SunWater in a A$2bn class action concerning the 2011 Brisbane floods. She and the ‘thorough, technically astuteNicole Wearne represented the Australian government in a class action brought by hundreds of sailors accusing the Navy for failing to deliver on its promise of training them. The ‘strategic, calmSamantha Kelly defended the manager of the Grand Western Lodge in Millthorpe in a class action regarding the improper treatment of residents between 2000 and 2011. ‘Pragmatic, client-oriented’ product liability expert Toby Biddle pays ‘high attention to detail’. Insurance litigator Matthew Ellis made partner in January 2017. In October 2017, the Sydney office welcomed Ann Donohue, who was a litigation partner at Minter Ellison for over 20 years. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

Leading individuals

Tricia Hobson - Norton Rose Fulbright

[back to top]

Australia: Labour and employment

Workplace health and safety (WHS)
Labour and employment: workplace health and safety (WHS) - ranked: tier 3

Norton Rose Fulbright

Norton Rose Fulbright’s ‘commercial, practical, invaluable’ practice ‘actively engages’ with clients when assisting them with incident response, acting for them on regulatory investigations, advising them on WHS training or defending them in litigation. As well as having ‘a detailed knowledge of the law’, Brisbane-based partner and group head Aaron Andersonthinks outside the box and provides excellent practical advice’; clients ‘recommend him without hesitation’. He assisted Wilmar Sugar with applying for judicial review of a regulatory decision rejecting the client’s application for an enforceable undertaking following the death of a worker at a sugar mill. Betterlay Brick & Block Laying is another of his clients. ‘Standout partnerKatherine Morris is ‘great to deal with, and provides spot-on advice’; Samantha Maddern and special counsel Nicki Milionis are also recommended. Norton Rose Fulbright and Henry Davis York have announced their intention to merge towards the end of 2017.

[back to top]

Australia: Transport

Aviation
Transport: aviation - ranked: tier 1

Norton Rose Fulbright

Norton Rose Fulbright services airports, banks and financial institutions with regards to regulatory, operational, financing and transactional issues in the aviation space. Brisbane-based Dale Rayner is acting for a major global bank in the chapter 11 refinancing of a transnational helicopter services company operating in the transport of oil and gas and rescue operations, and jointly with the tax team assisted a client with its acquisition of an aircraft leased to a global household name aviation company. In the infrastructure space, national head of aviation Tom Young advised an independent fund manager on its bid to become the long-term commercial partner in the operation of a major airport. Special counsel Julie Brown supported Young to handle the real estate due diligence and the negotiation of the long-term lease in connection with the privatisation of the Port Hedland international airport by a consortium comprising funds managed by client AMP Capital Investors and Infrastructure Capital Group. Ernest van Buuren is the firm’s head of road and aviation transport.

[back to top]

Shipping
Transport: shipping - ranked: tier 1

Norton Rose Fulbright

Norton Rose Fulbright’s team is led by master mariner Ernest van Buuren and handles a wide range of matters in the sector, among them ship finance, asset restructuring and insolvency, casualty response, environmental issues, and risk advisory issues. The practice represented Rio Tinto Aluminium in a A$5m claim against Svitzer Australia for loss and damage associated with tugs operating with materials containing asbestos, a dispute litigated in the Supreme Court of Queensland. DP World Australia received advice on the impact of Hanjin Shipping going into administration; the company was owed A$1.3m for stevedoring services. Hazel Brasington and special counsel Michelle Taylor are also singled out. Norton Rose Fulbright and Henry Davis York have announced their intention to merge in late 2017.

Leading individuals

Ernest van Buuren - Norton Rose Fulbright

Next generation lawyers

Michelle Taylor - Norton Rose Fulbright

[back to top]


Further information on Norton Rose Fulbright

Please choose from this list to view details of what we say about Norton Rose Fulbright in other jurisdictions.

United Arab Emirates

Offices in Dubai and Abu Dhabi

Australia

Offices in Melbourne, Sydney, Perth, Brisbane, and Canberra

Belgium

Offices in Brussels

Bahrain

Offices in Manama

China

Offices in Beijing and Shanghai

Canada

Offices in Montreal, Ottawa, Quebec, Toronto, Vancouver, and Calgary

Colombia

Offices in Bogota

Germany

Offices in Munich, Frankfurt, and Hamburg

Algeria

France

Offices in Paris

Ghana

Greece

Offices in Athens and Piraeus

Hong Kong

Offices in Hong Kong

Indonesia

Latin America: International firms

India

Italy

Offices in Milan

Japan

Offices in Tokyo

Kazakhstan

Offices in Almaty

London

Offices in London

Myanmar

Morocco

Offices in Casablanca

Malaysia

Netherlands

Offices in Amsterdam

Poland

Offices in Warsaw

Asia Pacific: Regional international arbitration

Russia

Offices in Moscow

South Africa

Offices in Cape Town, Sandton, Durban, and Johannesburg

Singapore

Offices in Singapore

South Korea

Saudi Arabia

Offices in Riyadh

Thailand

Offices in Bangkok

Tunisia

Turkey

Offices in Istanbul

Tanzania

Offices in Dar es Salaam

United States

Offices in Washington DC, San Antonio, New York, Dallas, Austin, Houston, Los Angeles, Washington DC, Minneapolis, Denver, St Louis, Canonsburg, and San Francisco

Venezuela

Offices in Caracas

Legal Developments by:
Norton Rose Fulbright

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • EU and Malta Securitisation Market

    Following the US subprime crisis that began in 2007, the notion of securitisation has suffered from bad press that tainted its reputation. However, securitisation is still considered as an essential component to continued economic recovery and for well-functioning financial markets.
  • PATENTABILITY OF SOFTWARE IN SINGAPORE

     leading_lines_newsletter_dec_2017
  • DOJ Makes the Pilot Program Permanent and Announces FCPA Corporate Enforcement Policy

    The US Department of Justice ("DOJ") had announced a pilot program [1] ("Pilot Program") on April 5, 2016, which created new mitigation opportunities for companies that (i) voluntarily self-disclosed, (ii) cooperated fully, and (iii) took timely and appropriate remedial actions in FCPA matters that fell within the Fraud Section's mandate. The Pilot Program was to remain in effect for 1 year, starting from the day of its announcement. On March 10, 2017, the Acting Assistant Attorney General, Kenneth A. Blanco, announced in a speech that the Pilot Program would continue in full force until the DOJ reached a final decision on whether to extend it, and what revisions, if any, should be made to it. [2] The evaluation period of the Pilot Program ended on November 29, 2017, when Deputy Attorney General Rod Rosenstein announced the new FCPA Enforcement Policy ("Policy"), which effectively makes the Pilot Program permanent with some revisions. According to Deputy Attorney General Rosenstein, the FCPA Unit received 30 voluntary disclosures during the time period that the Pilot Program was in force, as opposed to 18 voluntary disclosures that were received during the previous 18-month period. The Policy has been incorporated into the United States Attorneys' Manual in order to "be readily understood and easily applied by busy prosecutors" as opposed to being promulgated in memorandum format. [3]
  • Effects of State of Emergency Law in Turkey On Prison Sentences Under Criminal Execution Laws

    With the Statutory Decree No.671 dated August 17, 2016, and the recent changes with Regulations No.29987 and No.29824 on Regulation Regarding an Amendment on Placement to Open Punishment Execution Facilities effecting execution of the Law No.5275 on Punishment Execution Law has introduced significant changes.
  • [SOUTH KOREA] Supreme Court Affirms Lower Decision, Finding Invalid the Regulations on Foreign ...

    Supreme Court Affirms Lower Court Decision, Finding Invalid the Regulations on Foreign Exchange Report on Incorporation of Offshore Subsidiary by an Offshore Company
  • Disputes on Health-Related Commercial Advertisements under Consumer Law

    Introduction
  • [SOUTH KOREA] New Administration’s Key Environmental Policies

    To step forward as an environment-friendly government, the Moon Jae-in Administration has announced its key environmental policies, including improving safety in chemical substances and household chemical products, and reinforcing implementation measures of the Paris Agreement.  Under the “sustainable development” paradigm, the new administration will continually promote new regulations to protect the environment and strengthen its enforcement of environmental regulations.
  • [SOUTH KOREA] Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an ...

    Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an Ordinary Wage Case 
  • SyCipLaw TMT Bulletin: “More Philippine Data Privacy Act: Are you Ready for Phase II?”

    Controllers and processors who have completed Phase I registration with the National Privacy Commission (NPC) will now have to gear up for Phase II. Phase II involves providing the NPC certain information on the organization’s compliance with the Data Privacy Act (DPA).
  • Crowdfunding - The Path towards a regulatory Framework

      The importance and feasibility of crowdfunding platforms is increasing in stature and importance for current and future the entrepreneurs. Malta has recently acceded to the rising trend by creating its first crowdfunding platform, ZAAR, a reward-based crowdfunding platform who has recently been awarded with the first prize in its section at the National Enterprise Support Awards 2016 also as well as being one of the local projects that have represented Malta at the European Enterprise Promotion Awards 2016, held in Slovakia. Nonetheless start-ups based in Malta with global aspirations often rely on international platforms. An increase in interest has emerged amongst the art and culture community as well in social entrepreneurship projects. Crowdfunding in Malta is still at the early stages of development. Despite this, there are endless opportunities for local entrepreneurs and the local business community. Research has shown that through international crowdfunding platforms, monies have been raised for projects in the field of gaming consoles, apps and software as well as for artistic projects.  Testimony to this is a new game design studio in Malta, that launched its first game, Politicks, raised financing through the crowdfunding platform Indiegogo.