Milbank set for China management shakeup as senior partners exit
Milbank Tweed Hadley & McCloy has appointed new leadership in China as two of its longest-serving regional heads prepare to exit the firm. Anthony Root, the head of the US firm's Asian corporate practice and Greater China offices, will retire at the end of May, while securities partner Edward Sun, the chief representative of the firm's Beijing base, will leave before the end of the year.
April 11, 2013 at 06:52 AM
3 minute read
Milbank Tweed Hadley & McCloy has appointed new leadership in China as two of its longest-serving regional heads prepare to exit the firm.
Anthony Root, the head of the US firm's Asian corporate practice and Greater China offices, will retire at the end of May, while corporate partner Edward Sun, the chief representative of the firm's Beijing base, will leave before the end of the year.
Sun told Legal Week that his decision to leave Milbank was unconnected to Root's departure, and was based on his decision to move out of private practice to explore business opportunities, and to relocate his family back to the US.
Root moved to Asia in 1993 with US firm Davis Polk & Wardwell, before joining Milbank in 1996 after a brief stint at New York firm Rogers & Wells prior to its merger with Clifford Chance. He has since been heavily involved in overseeing Milbank's growth in Asia.
Sun also moved to the region with Davis Polk, joining Milbank in 2002. He previously spent four years in-house at Goldman Sachs, two of which he spent working as General Counsel for Goldman Sachs Private Equity in Asia excluding Japan.
He launched Milbank's Beijing office in 2006 alongside Root and now has a total of 16 years' experience in Asia, split between Hong Kong and mainland China. He is expected to formally leave the firm in October, but could remain in the region until the end of the year to assist with the leadership transition.
The responsibility for Milbank's Greater China practices will now fall jointly to long-term Milbank partner Gary Wigmore, who heads up the Asia project finance group, and M&A partner Dieter Yih, head of the Hong Kong practice and president of the Hong Kong Law Society, who joined the firm in 2011 from Australian firm Mallesons Stephen Jaques.
Singapore corporate partner David Zemans, who was appointed as Milbank's managing partner for Asia six months ago, said he was sad to see the partners go but that the firm is well positioned for the transition.
"We are very excited that Gary and Dieter will be assuming the role of co-heads of Greater China for Milbank," he told Legal Week. "Both are outstanding lawyers who have each spent almost their entire careers in Asia and have over 40 years of experience in Asia between them."
Milbank currently has four offices in the Asia-Pacific region, including Hong Kong, Singapore, Tokyo and Beijing. Zemans added that the firm is currently keeping a close watch on the Korean market, but as yet has no plans to open in additional jurisdictions.
"Milbank was one of the very first international law firms to prioritise Asia and we have continued to grow consistently and thoughtfully through Asia over the last decade and we plan to continue to do so," he said. "Asia is such an important part of Milbank's global practice, to the extent that there are opportunities to expand into dispute resolution or other areas that we think complement our global expertise, we will certainly explore them."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllSingapore Leaders Stress the Importance of the Rule of Law Amid Geopolitical Tensions
Can Law Firms Avoid Landing on the 'Enemy' List During the Trump Administration?
5 minute readLetter From Asia: Will Big Law Ever Bother to Understand Asia Again?
Trending Stories
- 1Relaxing Penalties on Discovery Noncompliance Allows Criminal Cases to Get Decided on Merit
- 2Reviewing Judge Merchan's Unconditional Discharge
- 3With New Civil Jury Selection Rule, Litigants Should Carefully Weigh Waiver Risks
- 4Young Lawyers Become Old(er) Lawyers
- 5Caught In the In Between: A Legal Roadmap for the Sandwich Generation
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250