Credit: bizvector/Adobe Stock Is Singapore the Answer to US Law Firms' Woes in Asia?
Singapore, widely considered a gateway to Southeast Asia, has become a beacon for global advisers and investors over the past few years. But it's not that simple.
November 29, 2023 at 06:01 PM
4 minute read
Law Firm Management
The original version of this story was published on The American Lawyer
So far this year, seven law firms have announced new office launches in Singapore, a city-state known for its yearlong tropical humidity, local delicacies and, more recently, successfully capitalizing on the failures of Greater China's former zero-COVID policies.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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