Among lawyers, disputes practitioners have always been a special breed, revered for not just their presence and quick-wittedness in court, but also for their out-of-the-box strategizing to beat the odds when needed, and deliver the ideal outcome for their client. But this past year has needed them to be on the top of their game than ever before, as economies reeled under the effects of the pandemic, and even the old ways of settling disputes having to be rethought in the face of the deadly virus.
Keith Brandt, managing partner of Dentons Hong Kong, feels that dispute resolution saw a significant increase in activity in the earlier parts of 2020, with international arbitration coming to the fore on the back of the uncertainty surrounding the courts being open for business. “Sadly, significant activity can be directly attributed in some way to COVID-19, arising from the mass disruption to commercial activity due to the global pandemic,” notes Brandt. “Liquidity in the market
In an exclusive interview with Philippine Digital Asset Exchange (PDAX) CEO Nichel Gaba, he acknowledged that the prolonged downtime of the cryptocurrency exchange was due to a system glitch and not due to a fat-finger incident.
“The glitch in the system occurred because it really got overloaded
EXCLUSIVE: It was a System Glitch says PDAX CEO – Manila Bulletin mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
In the past year we saw a sharp increase in high-value disputes work with numerous industries under stress. In particular, there has been a significant increase in cross-border, joint venture disputes coming out of developing countries in the region.
Solly Lew snaps up bigger, better Thai bolthole
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What price love? Billionaire rag trader
Solomon Lew has found out the hard way after losing an appeal in his three-year battle to buy the $7 million Thai villa where he proposed to his wife
Roza.
Credit:John Shakespeare
Lew claimed he had been cut out of a deal to buy a luxury Phuket pad, but a Singaporean judge this week found that wasn’t the case. In 2017 Credit Suisse banker
Kai Nargolwala sold the property in Phuket’s glitzy Andara Resort to Hong Kong businessman