Recent Developments in Derivative Actions and Director’s Obligations and Liabilities
The public’s interest in minority shareholders’ rights has recently increased and the possibility of the National Pension Service’s (the “NPS”) taking derivative actions has garnered attention. Given this context, it is noteworthy that, in a recent derivative action case, the Supreme Court rendered a decision that broadly interprets directors’ obligations and responsibilities.
Dhir & Dhir Associates advises new lenders (REC and IREDA) on Suzlon Group’s refinancing of existing facilities (SBI led consortium)
Dhir & Dhir Associates have advised the Lenders, REC Limited and IREDA, on the sanction and disbursement of term loan of approx..INR4,053 Crore to Suzlon Energy Limited and its Subsidiaries. With the disbursement of the said facility, REC Limited and IREDA Limited have substituted a consortium of sixteen lenders (led by State Bank of India).
Link Legal advised Indorama Group in its acquisition of a Renewable Energy Company.
Link Legal advised and assisted Indorama Group in the acquisition of a renewable energy company having a permit to construct a mini hydroelectric power plant in Himachal Pradesh, India.
Transaction Summary: CIDCO-SB
DSK Legal advised City & Industrial Development Corporation (“CIDCO”), as borrower’s counsel, in relation to financing of Rs. 5000,00,00,000/- (Rupees Five Thousand Crores) from State Bank of India(“Lender”) for a residential township in Navi Mumbai, Maharashtra under the Pradhan Mantri Awas Yojana (PMAY) Scheme (“Transaction”).
Bell Gully report reviews 2022 GST reforms and future direction
A collection of changes in New Zealand’s GST regime will keep corporate taxpayers on their toes in 2022.
Top Ranking in 18 Areas and 74 Individual Recognitions – Chambers Asia-Pacific 2022
Kim & Chang ranked “Band 1” in 18 practice areas in Chambers Asia-Pacific 2022, once again receiving the most number of “Band 1” rankings among Korean law firms. With the guide also naming 74 of our attorneys, patent attorneys and certified public accountants, the highest number of any Korea law firm, as “Leading Individuals,” we demonstrated …
“Tier 1” in All 15 Practice Areas – The Legal 500 Asia Pacific 2022
In the 2022 edition of The Legal 500 Asia Pacific, Kim & Chang was the only Korean law firm to be selected as “Tier 1” in all 15 areas surveyed for Korea this year. In addition, we maintained our “Tier 3” ranking in the Regional International Arbitration category, which was evaluated across the Asia-Pacific region.
Wingman in its acquisition by Clari
Link Legal, as Indian counsels advised and assisted in acquisition of the holding company of Bengaluru-based Software-as-a-Service (SaaS) platform, Wingman by US-based revenue operations platform, Clari.
Winner of “Country and State Awards: Korea” for the Sixteenth Consecutive Year – Who’s Who Legal Awards 2021
Kim & Chang won the “Country and State Awards: Korea” for the sixteenth consecutive year at the 2021 Who’s Who Legal Awards.
Thai Hotels Association: Anuwat Ngamprasertkul Presents at Webinar on Personal Data Protection Act
Anuwat Ngamprasertkul, Partner and Head of Litigation and Dispute Resolution as well as Co-Head of Tech-Media-Telecoms (TMT) at Blumenthal Richter & Sumet, was invited to speak at a webinar on “Check Business Compliance with the Personal Data Protection Law”, in collaboration with the Thai Hotels Association (THA), on Tuesday 14 June 2022. Anuwat discussed the …