Defective IPOs: The Hontex Case Study

Some weeks ago, I blogged about “The Lost Art of IPO Due Diligence”: See https://jlpwneedlawyer.wordpress.com/2018/07/19/the-lost-art-of-ipo-due-diligence/ To learn about undertaking proper IPO Due Diligence, there is no better way than to analyze Defective IPOs as case studies and elicit lessons from past mistakes. This Hontex Case Study will be the first of many to come as my… Continue reading Defective IPOs: The Hontex Case Study

Cutting The 1MDB Gordian Knot: Powers Of Forfeiture Under The Anti-Money Laundering And Anti-Terrorism Financing Act 2001 (“AMLATFA”)

Of late, it is refreshing to see 93 year old Tun Dr Mahathir making nimble and brilliant moves to bring back into Malaysia and seize assets linked to the 1MDB fiasco.  Otherwise, such assets will languish in foreign jurisdictions while court proceedings are challenged, appeal after appeal. One of the most powerful tools available to… Continue reading Cutting The 1MDB Gordian Knot: Powers Of Forfeiture Under The Anti-Money Laundering And Anti-Terrorism Financing Act 2001 (“AMLATFA”)

China-Malaysia Digital Partnership And The Rise Of The Digital Economy in Asia

At the China Business Services Conference at the Beijing International Convention Centre on 1 August 2018, I spoke at a Roundtable on "Eco Sharing along China's Belt And Road" and prepared the following key points: 1. The Digital Economy Is The Future Of Asia China is the second largest and a leading global force in… Continue reading China-Malaysia Digital Partnership And The Rise Of The Digital Economy in Asia

Joint Venture Parties Beware: The Implied Duty To Act In Good Faith In Relational Contracts In Common Law Jurisdictions

The classical rules based theory of contract is a legal fiction, as far as long term contracts are concerned. Ronald Coarse postulated that long term contracts are of necessity incomplete, and the parties need to monitor and adjust their relationship from time to time in changing circumstances. From 2004-2009, I was privileged to research on… Continue reading Joint Venture Parties Beware: The Implied Duty To Act In Good Faith In Relational Contracts In Common Law Jurisdictions