Elizabeth Broomhall In Hong Kong

October 24, 2013 | International Edition

Skadden Arps Slate Meagher & Flom has acted opposite Latham & Watkins to advise on casino company Wynn Macau's $600m (£371m) bond issuance. Wynn Macau, a subsidiary of casino developer Wynn Resorts, issued the eight-year bonds at 5.25% interest to US investors in the hope of boosting liquidity as it seeks to raise its profile. The Skadden team advised Wynn on US and Hong Kong law, led by Hong Kong corporate partners Alan Schiffman and Alec Tracy with assistance from lawyers in Washington DC, Sydney and New York. Maples and Calder advised Wynn on Cayman Islands law.

By Elizabeth Broomhall in Hong Kong

2 minute read

October 24, 2013 | International Edition

China's Ministry of Commerce (Mofcom) has selected a total of 20 law firms for coveted spots on two legal panels. The government department has appointed one group of outfits to advise it on economic and trade agreements, negotiations related to investment and international investment dispute cases, and a separate group to provide counsel on WTO and regional trade agreements, and cross border dispute resolution.

By Elizabeth Broomhall in Hong Kong

3 minute read

October 24, 2013 | International Edition

The Kuala Lumpur Regional Centre for Arbitration (KLRCA) in Malaysia has introduced a new set of arbitration rules just a month after foreign lawyers got the green light to advise clients in the country without having a local office.

By Elizabeth Broomhall in Hong Kong

3 minute read

October 23, 2013 | International Edition

Hong Kong's arbitration industry needs more government funding if the city is to uphold its reputation as a centre for dispute resolution internationally, legislative council member Dennis Kwok has said. Speaking at Hong Kong Arbitration Week, Kwok called on the Department of Justice to top up the professional services development fund, which has previously supported the Hong Kong International Arbitration Centre (HKIAC), in a bid to prevent the city from losing out to competitor jurisdictions such as Singapore and Malaysia in the race to become Asia's top disputes hub.

By Elizabeth Broomhall in Hong Kong

3 minute read

October 22, 2013 | International Edition

Clifford Chance has come under scrutiny in Singapore for issuing misleading statements about its litigation practice. In a response to a parliamentary question about foreign law firms operating in the city-state, Minister for Law K Shanmugam said statements made by Clifford Chance and its local partner Cavenagh Law "conveyed an inaccurate picture and should be stopped."

By Elizabeth Broomhall in Hong Kong

3 minute read

October 22, 2013 | International Edition

Asia's leading general counsel are to gather at The Marina Mandarin in Singapore today to discuss some of the key issues affecting in house teams in the region. The one-day inaugural event, which follows the success of Legal Week's Corporate Counsel Forum Hong Kong, will be chaired by general counsel and company secretary for Tiger Airways, Joyce Fong.

By Elizabeth Broomhall in Hong Kong

2 minute read

October 21, 2013 | International Edition

Minter Ellison has recruited former Western Australia government minister Norman Moore as a consultant in its Perth base. The Australian outfit, one of the two 'big six' Australian law firms to have remained independent, said Moore's appointment follows the hire of five additional partners in Perth in the last two years, and is part of the firm's ongoing strategy to grow in the city.

By Elizabeth Broomhall in Hong Kong

3 minute read

October 21, 2013 | International Edition

Mayer Brown JSM has appointed Hogan Lovells' partner Gabriela Kennedy to lead its intellectual property and TMT practice across Asia. Kennedy, who has 19 years of experience in her practice, joins the US firm today and brings the total number of IP and TMT partners at Mayer Brown's Hong Kong office to four.

By Elizabeth Broomhall in Hong Kong

2 minute read

October 17, 2013 | International Edition

Davis Polk & Wardwell, Freshfields Bruckhaus Deringer and Morrison & Foerster (MoFo) have advised as Chinese retailer Wumart Stores agreed to take a minority stake in Thai supermarket chain CP Lotus for HK$2.3bn (£185m). The deal will see Wumart take possession of 36 Lotus supermarkets in mainland China including those in Beijing and Shanghai, but will not include Lotus' stores in the Guangdong and Hunan provinces.

By Elizabeth Broomhall in Hong Kong

2 minute read

October 10, 2013 | International Edition

Two of India's largest firms have taken lead roles on a joint venture between Singapore Airlines and the founders of Air India. Amarchand & Mangaldas & Suresh A Shroff is acting for Singapore Airlines on the deal with Air India founders Tata Sons to create a new carrier in the country.

By Elizabeth Broomhall in Hong Kong

2 minute read