Elizabeth Broomhall In Hong Kong

January 09, 2014 | International Edition

Duane Morris has expanded into China with the launch of a new office in Shanghai. The US firm, which is still awaiting approval from the PRC Ministry of Justice, will open the base under the banner Duane Morris Selvam, its joint law venture in Asia. Leon Yee, managing director of Asian entity, will serve as chief representative of the new office, and will be joined by Chong Eng Wee, an associate director in Singapore. The office will be staffed with five lawyers in total.

By Elizabeth Broomhall in Hong Kong

3 minute read

January 09, 2014 | International Edition

Clifford Chance has launched in Indonesia after entering into an association with local outfit Linda Widyati & Partners (LWP). The tie-up comes some months after the firm first began analysing the market, which it was previously servicing from Singapore.

By Elizabeth Broomhall in Hong Kong

4 minute read

January 08, 2014 | International Edition

Linklaters and Paul Hastings took lead roles as Chinese meat processing giant Shuanghui International tied-up with Mexican food company Sigma Alimentos in a joint bid for share control of Spanish processed-meat business, the Campofrio Food Group. The deal, worth approximately $966m but still subject to approval, will see Sigma and Shuanghui combine their existing stakes in the company and offer €6.90 per share for the remaining stock. Together they currently own 82% of Campofrio's shares.

By Elizabeth Broomhall in Hong Kong

1 minute read

January 08, 2014 | International Edition

Clifford Chance (CC) has said it is back on track to achieve its 2014-2015 revenue targets in Asia after seeing a slowdown in the last financial year amid a slump in capital markets and M&A work. The magic circle firm, which recorded a 3% drop in Asia revenues in the financial year 2012-2013, said it had adjusted its expectations to account for market volatility, but was still eyeing revenues close to its original £250m goal.

By Elizabeth Broomhall in Hong Kong

4 minute read

January 07, 2014 | International Edition

DLA Piper has boosted its corporate practice in Bangkok with the hire of O'Melveny & Myers lawyer Tim Tan. Tan, who was previously a counsel with O'Melveny in Singapore in the firm's corporate finance practice, focuses on banking and leverage finance, corporate debt and restructuring and special situations investment transactions.

By Elizabeth Broomhall in Hong Kong

4 minute read

January 06, 2014 | International Edition

US law firm Winston & Strawn is eyeing new offices in Taiwan and Singapore as part of a wider Asia growth plan that will see it double in size in the region. The Chicago-headquartered outfit, which currently has three Asian bases located in Hong Kong, Shanghai and Beijing which it inherited from now defunct Heller Ehrman five years ago, plans to grow its teams in IP, corporate, anti-trust, energy and disputes.

By Elizabeth Broomhall in Hong Kong

4 minute read

January 05, 2014 | International Edition

Pinsent Masons has boosted its Asia corporate practice with the hire of three partners in Singapore and another senior lawyer in Shanghai. The UK firm, which earlier this year launched a TMT practice in Singapore, said it wants to tap more corporate deals coming from its existing clients in the energy, infrastructure and manufacturing sectors.

By Elizabeth Broomhall in Hong Kong

3 minute read

January 03, 2014 | International Edition

Sullivan & Cromwell has advised Fiat in its move to take full control of US auto manufacturer Chrysler in a deal worth $4.35bn (£2.63bn). The Italian carmaker, which is to acquire the remaining 41.46% stake in Chrysler it does not already own from a trust affiliated with the United Auto Workers union, known as veba, will pay $1.75bn for the share.

By Elizabeth Broomhall in Hong Kong

2 minute read

January 01, 2014 | International Edition

Cleary Gottlieb Steen & Hamilton partner Megan Tang has left the firm to join Hong Kong's market watchdog the Securities & Futures Commission (SFC) as director of the corporate finance division. Tang, who joined Cleary's Hong Kong office as a partner in 2008, will begin her new role at the SFC in February this year.

By Elizabeth Broomhall in Hong Kong

2 minute read

January 01, 2014 | International Edition

Addleshaw Goddard has ramped up in Hong Kong with the hire of a third partner, Daniel Wan from Jun He. The firm, which received approval to launch an associated Hong Kong office in August, has also changed its name from Stewien & Co to Francis & Co following the arrival of Nigel Francis, the former head of litigation and employment at Australian outfit Minter Ellison, and has re-located to new premises on the 8th floor of Citibank Tower in Central.

By Elizabeth Broomhall in Hong Kong

2 minute read