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    Asian Legal Update - Second Quarter 2023 (April - June)
    2023-08-15

    Indonesia Authors: Jeanne E. Donauw and Hans Adiputra Kurniawan 1. KPPU Regulation No. 3 of 2023 and Government Regulation No. 20 of 2023: New Merger Filing Regulation and Fees The Indonesian Business Competition Supervisory Commission – Komisi Pengawas Persaingan Usaha (“KPPU”) issued KPPU Regulation No. 3 of 2023 (“Reg 3 of 2023”) as a new merger filing regulation, replacing, and revoking the previous regulation on the same matter, namely KPPU Regulation No. 3 of 2019 (“Reg 3 of 2019”).

    Filed under:
    India, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, Banking, Capital Markets, Company & Commercial, Competition & Antitrust, Compliance Management, Insolvency & Restructuring, IT & Data Protection, White Collar Crime, Nishimura & Asahi, Corporate governance, Offshore wind power, Carbon neutrality, Monetary Authority of Singapore, Securities and Exchange Board of India, Labour Relations Act 1975 (B.E. 2518) (Thailand)
    Location:
    India, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam
    Firm:
    Nishimura & Asahi
    Asian Legal Update 2023年第2四半期(4-6月)
    2023-08-13

    インドネシア 執筆者: ジェン・エリザベス・ドノウ、ハンス・アディプトラ・クルニアワン 1. 2023 年 KPPU 規則第 3 号及び 2023 年政令第 20 号:新しい企業結合届出規 則及び手数料 インドネシア企業競争監視委員会(Komisi Pengawas Persaingan Usaha)(以下「KPPU」という。)は、新しい企業 結合届出規則である 2023 年 KPPU 規則第 3 号(以下「2023 年規則第 3 号」という。)を公布した。2023 年規則 第 3 号は、従前の企業結合届出規則である 2019 年 KPPU 規則第 3 号(以下「2019 年規則第 3 号」という。)を廃 止し、これに取って代わるものである。以下に、2023 年規則第 3 号の主な要点を簡単に述べる。 (i) 企業結合届出要件:F2F(Foreign to Foreign)取引における地域関連基準 2023 年規則第 3 号によると、全ての取引当事者がインドネシアにおいて資産又は売上げを有する場合にの み、企業結合届出の義務が生じる。これは、取引当事者の 1 者でもインドネシアに資産又は売上げを有する 場合には企業結合届出義務が生じていた 2019年規則第3号に基づく制度と比べて注目すべき変更である。

    Filed under:
    India, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, Banking, Capital Markets, Company & Commercial, Competition & Antitrust, Energy & Natural Resources, Insolvency & Restructuring, IT & Data Protection, Nishimura & Asahi
    Location:
    India, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam
    Firm:
    Nishimura & Asahi
    The Real Cause Behind Alpine Summit Energy Partners’ Bankruptcy: A Lesson on Embracing Sustainability
    2023-07-25

    In recent times, the corporate landscape has witnessed a significant shift as Environmental, Social, and Governance (ESG) initiatives gain traction among investor and consumer groups. Companies operating in carbon-centric industries, particularly those involved in fossil fuel extraction, are experiencing challenges in securing new funding. One such company, Nashville-based driller Alpine Summit Energy Partners, has made headlines by seeking bankruptcy protection, citing the lack of funding in the oil and gas industry due to growing ESG and sustainability concerns.

    Filed under:
    Thailand, Capital Markets, Company & Commercial, Environment & Climate Change, Insolvency & Restructuring, Silk Legal, ESG, US Securities and Exchange Commission, Australian Securities and Investments Commission, European Securities and Markets Authority
    Authors:
    Dr. Paul Crosio
    Location:
    Thailand
    Firm:
    Silk Legal
    Asian Legal Update 2023年第1四半期(1-3月)
    2023-05-19

    戦略的提携・拠点開設のお知らせ クアラルンプール 1 アジアでのさらなる体制強化のため、2023 年 1 月より WM Leong & Co と当事務所のシンガポール拠点である Nishimura & Asahi (Singapore) LLP が、マレーシア業務に関して戦略的提携を行っております。 WM Leong & Co は、マレーシア法において豊富な知識・経験を有するワンメイ・リョン マレーシア弁護士が代表を 務めるマレーシアの独立した法律事務所です。WM Leong & Co との戦略的提携の下で、マレーシアが関わるクロ スボーダー案件について豊富な経験を有する眞榮城大介弁護士および当事務所シンガポール事務所所属の弁 護士が中心となり WM Leong & Co と緊密に連携しながらクライアントのマレーシア事業の拡大および現地ビジネ スのサポートを行ってまいります。2 札幌 2023 年 4 月に札幌事務所を開設しております。道内企業での執務経験を有し、コーポレート・M&A・エネルギーの 分野ならびに海外案件支援に強みを持つ坪野未来弁護士が所属しており、身近なところでご相談をいただきなが ら、きめの細かいアドバイスを提供いたします。

    Filed under:
    India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Banking, Competition & Antitrust, Employment & Labor, Insolvency & Restructuring, Tax, White Collar Crime, Nishimura & Asahi
    Location:
    India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam
    Firm:
    Nishimura & Asahi
    Asian Legal Update First Quarter 2023 (January- March)
    2023-05-19

    Indonesia Authors: Miriam Andreta and Hans Adiputra Kurniawan 1. Bankruptcy and Liquidation: Updates Brought by PPSK Law With respect to bankruptcy and liquidation of certain parties (public listed companies, banks, non-bank financial institutions), there are certain updates and clarifications set out in Law on Development and Improvement of Financial Sector (also known by its local abbreviation “PPSK Law”) - which came into effect on 12 January 2023 (except for certain provisions that are explicitly intended to take effect otherwise).

    Filed under:
    India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Banking, Company & Commercial, Competition & Antitrust, Employment & Labor, Insolvency & Restructuring, Litigation, Tax, Nishimura & Asahi, Cybercrime, Mediation, Sexual harassment, Due diligence, Merger control, Data privacy, Anti-bribery and corruption, US Securities and Exchange Commission, Bank Indonesia, Competition Act 1985 (Canada)
    Location:
    India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam
    Firm:
    Nishimura & Asahi
    Don’t Throw the Keys and Run: New Hope for Small Business in Financial Distress
    2023-03-13

    This year is expected to be challenging for small businesses due to the possible recession in key markets, disruptions of global supply chains caused by issues such as the Ukrainian war, and the continuing fallout from last year’s crypto winter.

    Filed under:
    Thailand, Insolvency & Restructuring, Litigation, Silk Legal, Supply chain
    Authors:
    Dr. Paul Crosio
    Location:
    Thailand
    Firm:
    Silk Legal
    Navigating the Recent Developments of the Thai Bankruptcy Legal Framework
    2023-03-07

    1. INTRODUCTION

    Filed under:
    Thailand, Banking, Insolvency & Restructuring, Litigation, Mori Hamada & Matsumoto, Bankruptcy, Supply chain, Coronavirus
    Authors:
    Nathee Silacharoen , Tawatchai Boonmayapan , Norrapat Werajong
    Location:
    Thailand
    Firm:
    Chandler MHM
    Are Damages Arising Out of Termination of an Agreement “Determinable Debt”?
    2022-10-27

    Under Thai bankruptcy law, a creditor can file a request for a debtor to be placed under an absolute receivership order and bankruptcy judgment. However, the debtor must be insolvent, and the debt owed to the creditor or creditors must be at least THB 1 million (for a debtor who is a natural person) or THB 2 million (for the debtor who is a juristic person). In order to know whether the latter requirement is met, the debt must be “determinable”—that is, known and monetarily quantifiable.

    Filed under:
    Thailand, Insolvency & Restructuring, Litigation, Tilleke & Gibbins, Receivership
    Authors:
    Nuanchun Somboonvinij
    Location:
    Thailand
    Firm:
    Tilleke & Gibbins
    【アジア・新興国法務】Asia & emerging countries legal update
    2022-09-28

    ©Anderson Mori & Tomotsune 2022 年 9 月 1.【メキシコ】倒産事件処理のための特別裁判所の新設 1. はじめに 2022 年 3 月 4 日、倒産事件を特別に管轄する 2 つの裁判所がいずれもメキシコシティに新設され1 、既に運 用されている。 本稿ではメキシコの倒産法と従前より倒産事件を管轄してきた裁判所について簡潔に説明し、上記の新たな 倒産裁判所の概要と倒産法制上の意味合いを解説する。 2. メキシコの倒産法について メキシコの倒産法は、連邦法である Ley de Concursos Mercantiles (以下「メキシコ倒産法」または「法」とす る。)である。日本法と異なり、破産手続も民事再生手続も単独の法律により定められている。メキシコ倒産法は 2 段階方式を採用している2 。すなわち、原則として、第 1 段階として再生手続(conciliación)が開始され、第 2 段階 として破産手続(quiebra)が開始されうる建付けとなっている3。その目的規定においても、債務超過企業の再建 を図ることの重要性が強調されている4 。

    Filed under:
    Asia-Pacific, India, Mexico, Thailand, Competition & Antitrust, Employment & Labor, Insolvency & Restructuring, IT & Data Protection, Anderson Mōri & Tomotsune, Cybersecurity, Insolvency
    Location:
    Asia-Pacific, India, Mexico, Thailand
    Firm:
    Anderson Mōri & Tomotsune
    Thailand: 10 Aspects of the Thai Rehabilitation Process a Creditor Should Know
    2022-06-06

    Introduction

    Filed under:
    Thailand, Company & Commercial, Insolvency & Restructuring, Mori Hamada & Matsumoto, Supply chain, Coronavirus
    Location:
    Thailand
    Firm:
    Chandler MHM

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