• Insolvency & Restructuring - Japan

  Cross-border insolvency and recognition of foreign proceedings

  The Japanese courts may issue a decision recognizing a foreign insolvency proceeding upon the filing of a petition by the debtor or its trustee or receiver. Although the courts have little or no discretion regarding recognition if the filed petition satisfies the requirements of the Law on Recognition and Relief of Foreign Insolvency Proceedings, they have greater freedom in terms of the effects of such recognition.

• Intellectual Property - India

  Rights holders must show working of patents

  The Office of the Controller General of Patents, Trademarks and Designs recently issued a public notice to alert all patentees and licensees to the mandatory filing provision of a working statement on Form 27 as prescribed under Section 146(1) of the Patents Act 1970. The working statement must provide details of the patent's commercial use in India, starting from the third year of the grant.

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• $282 million rights issue

  First Pacific Company Ltd Davis Polk & Wardwell - William F Barron, Eugene C Gregor, James C Lin; Richards Butler LLP
  Syndicate of underwriters

• €2.2 billion acquisition

  EQT III fund Hengeler Mueller - Maximillian Schiessl, Wolfgang Meyer-Sparenberg; Clifford Chance LLP - Alan Inglis
  GIC Fund Hengeler Mueller - Maximillian Schiessl, Wolfgang Meyer-Sparenberg
  Springer Science+Business Media Freshfields Bruckhaus Deringer LLP - David Sonter

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