SINGAPORE, 10 September 2024 – Duane Morris & Selvam LLP acted as special international legal counsel to Equirus Capital Private Limited and IIFL Securities Limited in their role as the book running lead managers on the recent initial public offering of ₹6,012.00 million (USD 71.60 million) of equity shares of Ecos (India) Mobility & Hospitality Limited. Ecos is India’s largest and most profitable chauffeur driven mobility provider to corporates.
SINGAPORE, August 19, 2024 — Duane Morris & Selvam LLP is pleased to announce the appointment of Suilyn Yip as Head of Venture Capital. Suilyn, a distinguished partner in the firm’s full-service corporate practice, will bring her extensive expertise in corporate law to this pivotal role, further enhancing the firm’s venture capital practice and solidifying its position as a leading advisor in the sector.
Continue reading “Duane Morris & Selvam LLP Appoints Suilyn-Yip as Head of Venture Capital”
按照2024年1月1日生效的美国《公司透明度法案》（“CTA”）的要求，所有在美国注册成立和/或注册开展业务的美国和外国企业（包括某些信托公司）需向美国财政部下属的金融犯罪执法网络（“FinCEN”）提交报告，披露其拥有所有权或控制权的受益所有人的身份信息。CTA旨在防止罪犯、恐怖分子和腐败寡头在美国藏匿非法资金或其他财产。如果企业符合CTA中所列出的23项豁免条件之一，可免于申报。
近日，在Amarin Pharma诉Hikma Pharmaceuticals USA 案（编号2023-1169）中，美国联邦巡回法院推翻了特拉华州地区法院的裁决，认为Amarin的诉状合理地声称Hikma积极诱导了医疗服务提供者的直接侵权，不过同时还表示 “可能同意地区法院（和Hikma）”认为Hikma的缩减标签本身在法律上并没有推荐、鼓励或推动任何侵权使用。
2024年6月21日，美国财政部发布了一份拟议规则的通知，以执行2023年8月9日发布的第14105号行政令（EO 14105）。美国欲借助该行政令来防止一些受关注国家利用美国的对外投资来发展对军事、情报、监视或网络能力至关重要的敏感技术或产品。
该拟议规则将对美国在有关国家（包括中国）涉及半导体和微电子、量子信息技术或人工智能的某些投资施加通知要求，在某些情况下还将施加禁止要求。
SINGAPORE, 20 June 2024 — Duane Morris & Selvam LLP acted as the U.S. counsel to Nomura Financial Advisory and Securities (India) Private Limited in its role as the broker on the recent sale of approximately INR 7,500 million (US$90 million) of equity shares in Sansera Engineering Limited by Client Ebene Limited and CVCIGP II Employee Ebene Limited in block trades. Sansera Engineering Limited’s equity shares are listed on BSE and NSE. Continue reading “Duane Morris & Selvam Advises on the Sale of INR 7,500 million (US$90 million) of Equity Shares in Sansera Engineering Limited in Block Trades”
智利矿业部启动锂项目的信息请求（RFI）程序：第907号豁免决议详细说明程序和例外情况
2024年4月15日，智利矿业部根据智利政府先前制定的“国家锂战略”发布了第907号豁免决议（“决议”），批准了由矿业部领导的信息请求（“RFI”）程序的启动，以了解市场和行业对开发从盐湖或其他未被排除的矿床中勘探、开采和生产锂及其衍生品项目的意向。这些信息将有助于智利政府制定机制，以确定与之签订特殊锂业务合同 (“CEOL”) 的私人承包商，以及为此目的而优先考虑的盐滩或其他锂矿床。
By Leon Yee and Sally Kim
When buying or selling a company or part of its shares, the intricacies of representations and warranties within a Sale and Purchase Agreement (“SPA”) play a pivotal role. Representations and warranties serve as assurances provided by the seller to the buyer regarding the condition, status, and other relevant aspects of the target company. These provisions not only influence the negotiations but also significantly impact post-closing responsibilities and liabilities. Understanding the nuances of representations and warranties in SPA is crucial for both parties involved in the transaction. In this article, we explore the nuances of representations and warranties in an SPA, including drafting considerations, breach remedies, and indemnification provisions. Continue reading “Navigating Representations and Warranties in Share Purchase Agreements”
Shanghai, 13 May 2024 ― Dr. Li Zheng has joined Duane Morris & Selvam LLP as a Director in the firm’s Intellectual Property Practice Group at its Shanghai office. Prior to joining the firm, he was with King & Wood Mallesons, one of China’s top tier law firms.
