Choices

No matter what city an expat relocates to, it is becoming increasingly simple to find living accommodations which cater to a foreigner’s needs and there are people at each step of the process to make the relocation as easy and comfortable as possible.

Tokyo

Once moving to Tokyo, apartments are usually acquired through a real estate agent rather than directly with the landlord because of the uncertainty that landlords have renting their apartments to people who don’t speak Japanese and are not familiar with the legalities of the Japanese rental system. However once contact with a real estate agent has been established it is simple to find an apartment that caters to an expat’s needs since Tokyo offers accommodations specifically for foreigners. For example, expat apartments generally cost over $5,000USD but are equipped with all the major appliances (washer, dryer, dishwasher, phone, phone-line, and refrigerator) while typical Japanese apartments do not come with these appliances. And while Japanese apartments require the renter to pay “key money” or reiken, which is a non-refundable payment worth about two months of rent, and a renewal fee or koushinryou, which is worth one month’s rent, a foreigner renting an expat apartment can forgo these fees and just pay the four to six months security deposit. Most of the US and UK law firms with which we work will make this payment on your behalf and already have a select group of agents that will guide you.

(more…)

February 28th, 2016

Posted In: Expat Life, Expat Lifestyle Guide, Recent Posts

                                     

Chinese Business Lawyers Association

 

Cordially Invites You to

Business and Career Opportunities with the United Nations:

Perspectives from Senior UN Officials

By

Asian Financial Society (more…)

April 24th, 2013

Posted In: Upcoming Events/CLE Courses

AABA Civil Rights Committee: A Conversation with California Labor Commissioner Julie Su                                                               aaba
April 18, 2013
Golden Gate University
San Francisco
5:45 pm
AABA’s Civil Rights Committee is hosting California Labor Commissioner Julie Su in conversation with Golden Gate University Associate Professor of Law Hina Shah on April 18, 2013. Commissioner Su is a nationally recognized expert on workers’ rights and civil rights and a recipient of the MacArthur Foundation “Genius” Award and the Reebok International Human Rights Award. Prior to her appointment as Labor Commissioner, she served as Litigation Director at the Asian Pacific American Legal Center. Commissioner Su will discuss her pioneering work advancing justice on behalf of poor and disenfranchised communities and enforcing California labor laws.
Reception to follow. RSVP with Sophia Lai at slai@jd09.law.harvard.edu. Space is limited.

April 15th, 2013

Posted In: Upcoming Events/CLE Courses

Baker & McKenzie is acting as Hong Kong counsel to HKSE-listed leading international frozen seafood supplier Pacific Andes Internationalalb_dealwatch_logo Holdings Ltd (PAIH) in the proposed acquisition by China Fishery Group Ltd, an indirect non-wholly owned subsidiary of PAIH, in its US$555.8 million voluntary cash offer for all the outstanding issued shares of Copeinca, the second largest fishing company in Peru whose shares are primarily listed on Oslo Børs and secondarily listed on the Lima Stock Exchange. The acquisition will elevate China Fishery and subsequently it will become Peru’s largest producer, as well as among the world’s largest producers, of fishmeal and fish oil. The acquisition will be funded by a combination of a 1-for-1 fully underwritten rights issue by SGX-listed China Fishery which will raise net proceeds of not less than US$277.5 million, a loan facility of up to US$295 million and other internal company resources. SGX-listed Pacific Andes Resources Development Ltd, PAIH’s non-wholly owned subsidiary which is also the majority shareholder of China Fishery, will also participate in the rights issue. DBS Bank Ltd and Standard Chartered Securities (Singapore) Pte Ltd are acting as the joint lead managers and joint underwriters in connection with the rights issue. Partners Milton Cheng and Christina Lee are leading the transaction. Partners Jorge Ossio Gargurevich and Pablo Berckholtz advised China Fishery on the Peruvian aspects of the acquisition. (more…)

March 8th, 2013

Posted In: Deal Watch

Clifford Chance advised BOC International, Deutsche Bank and JP Morgan as joint lead managers in the issue by Hainan Airlines (Hong alb_dealwatch_logoKong) Co Ltd of US$500 million 3.625% notes due in 2020. The bonds were backed by a RMB denominated standby letter of credit from the Bank of China, one of the few bond deals with this type of credit enhancement. Partner Connie Heng led the transaction.

 

Freshfields Bruckhaus Deringer advised HKSE-listed Shanghai Industrial Holdings Ltd (SIHL), a conglomerate whose core businesses include infrastructure facilities, real estate and consumer products, in its issuance of HK$3.9 billion (US$502.7m) zero coupon guaranteed convertible bonds due 2018. The bonds, issued through a wholly owned subsidiary of SIHL, are guaranteed by SIHL and are convertible into shares of SIHL. Freshfields also assisted SIHL in obtaining the listing of the bonds on the HKSE. The bonds were listed within 10 working days of the initial listing application being submitted. This deal demonstrates how the simplified regime under the revised Hong Kong listing rules successfully led to a reduction in time required for debt issues to professional investors. Partners Teresa Ko, Andrew Heathcote and Charles Ching drove the transaction. (more…)

March 8th, 2013

Posted In: Deal Watch

Allen & Gledhill advised DBS Bank Ltd and Choicewide Group Ltd, a joint venture of the Hutchison Whampoa and Cheung Kong groups, in DBS’s acquiring of a alb_dealwatch_logo30% equity stake in Central Boulevard Development Pte Ltd (CBDPL), owner of Marina Bay Financial Centre Tower 3, for approximately S$1.035 billion (US$836.17m). DBS and Choicewide have also entered into a conditional put option agreement for DBS to take up Choicewide’s remaining 3% equity stake in CBDPL and its associated loan for an estimated aggregate price of S$115 million (US$93m). Partners Lim Mei, Margaret Soh, Oh Hsiu Hau, Lim Pek Bur, Tan Boon Wah and Tham Wei Chern acted for DBS. Partners Michele Foo, Leon Ng and Tang Siau Yan acted for Choicewide. Partners Christian Chin and Chiam Tao Koon acted respectively for Bayfront Development Pte Ltd and Sageland Private Ltd, stakeholders of CBDPL. Bayfront and Sageland are subsidiaries of Keppel Land Properties Pte Ltd and Hongkong Land International Holdings Ltd, respectively.

 

Allen & Gledhill has also advised Rexel South East Asia Pte Ltd in its purchase of the entire issued share capital of LuxLight Pte Ltd from Wee Boon Keng and Gnanapragasam s/o Vaithilingam. Rexel South East Asia is part of the Rexel Group, a leading global distributor of electrical products and services. Partners Michele Foo and Tang Siau Yan are leading the transaction.

(more…)

February 22nd, 2013

Posted In: Deal Watch

Herbert Smith Freehills has appointed Rod Howell as a partner with its Singapore-based banking and finance practice. He has 20 years’ experience advising on financing in Asia, Australia, UK and US. Howell joins from Allens Arthur Robinson where he was the head of their Asian finance team specializing in asset and structured financings, including aircraft, shipping, rolling stock and infrastructure. Prior to joining Allens, he was a partner with Clifford Chance working across the firm’s London, New York and Hong Kong offices leading their regional asset finance practice. He is admitted to practice in New South Wales (Australia), England and Wales and is a registered foreign lawyer in Singapore.

February 8th, 2013

Posted In: Office Openings/ Partner Moves & Promotions, Partner Watch

Allen & Gledhill is advising Guocoland in the procurement, structuring and documentation pertaining to the constructional aspects of the development of a S$3.2 billion (US$2.6m) mixed-development project at Tanjong Pagar with an approximate gross floor area of 158,000 square meters. Partner Ho Chien Mien acted on the transaction.

Allen & Gledhill is also advising SingTel Pakistan Investments Ltd, a wholly-owned subsidiary of Singapore Telecommunications Ltd, in the sale of its entire 30% stake in Warid Telecom (Private) Ltd to Warid Telecom Pakistan LLC for US$150 million and a right to receive a 7.5% share of the net proceeds from any future sale, public offering or merger of Warid Telecom (Private) Ltd. Partners Michele Foo and Michelle Fum acted on the transaction.

(more…)

February 8th, 2013

Posted In: Deal Watch

DLA Piper has appointed international arbitration lawyer Yu Jin Tay as a partner in January 2013 to be based in Singapore. He joins the firm’s Asia Pacific litigation and regulatory practice and as co-chair of the firm’s international arbitration practice. Yu Jin joins from Shearman & Sterling, where he led the international arbitration practice in Asia. He has practiced international arbitration in Paris, London and Washington DC and specializes in international arbitrations arising from M&A, joint venture, oil and gas, construction and general commercial disputes. He also has expertise in representing investors and governments in investment treaty arbitrations.

Norton Rose has appointed Barbara Li as a corporate partner in its Beijing office. Li, who joins from the Beijing office of Baker & McKenzie, is a dual qualified corporate specialist admitted as a solicitor in England and Wales as well as a recipient of the PRC Bar qualification certificate. She works primarily across the mining, infrastructure and energy sectors, advising on both inbound and outbound investment and M&A.

February 1st, 2013

Posted In: Office Openings/ Partner Moves & Promotions, Partner Watch

Allen & Gledhill has advised Credit Suisse (Singapore) Ltd and Standard Chartered Bank as the arrangers of a S$800 million (US$648m) multicurrency medium term note program established by Biosensors Investment (Singapore) Pte Ltd and also advised Bank of New York Mellon Singapore Branch as the issuing and paying agent, the agent bank and the trustee of the holders of notes to be issued under the program. Biosensors issued S$300 million (US$243m) 4.875% notes due 2017 under the program. Partners Au Huey Ling and Ong Kangxin acted for the arrangers whilst partner Glenn David Foo acted for the issuing and paying agent, the agent bank and the trustee. WongPartnership, led by partner Hui Choon Yuen, acted for Biosensors International Group Ltd.

Ashurst advised Trauson Holdings Company Ltd on its proposed public takeover by Stryker Corporation for a total cash consideration of approximately HK$5.9 billion (US$761m). Stryker’s offer price of HK$7.50 per share (US$0.97) represents a 66.7% premium to the closing price of HK$4.50 (US$0.58) on the last full trading date on January 7, 2013. Trauson is a leading producer of orthopedic products in China whilst Stryker is one of the world’s leading medical technology companies. Partner Lina Lee, assisted by partner Robert Ogilvy Watson, led the transaction. Sullivan & Cromwell acted for Stryker.

(more…)

February 1st, 2013

Posted In: Deal Watch, Recent Posts

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