Stephenson Harwood continues Asia push with Myanmar association deal
Stephenson Harwood has continued its push into Asia with an association with Myanmar law firm U Tin Yu & Associates, with the news coming as Simmons & Simmons receives the go-ahead to launch in Singapore. U Tin Yu, which has three lawyers led by managing partner U Tin Yu, specialises in corporate and commercial work as well as litigation, real estate, intellectual property and employment.
May 08, 2013 at 09:31 AM
3 minute read
Stephenson Harwood has continued its push into Asia with an association with Myanmar law firm U Tin Yu & Associates, with the news coming as Simmons & Simmons receives the go-ahead to launch in Singapore.
The exclusive association, which will be managed by Stephenson Harwood Singapore consultant Peter Church and corporate partner Matthew Gorman, is thought to be the first of its kind involving a UK law firm.
U Tin Yu, which has three lawyers led by managing partner U Tin Yu, specialises in corporate and commercial work as well as litigation, real estate, intellectual property and employment.
Stephenson Harwood chief executive Sharon White said: "U Tin Yu & Associates has a respected and established local presence in Myanmar, and this new association enables both firms to broaden their client offering. We are seeing an increased interest in Myanmar from our clients and I am glad that we are now able to offer local knowledge and expertise from within the country."
Name partner U Tin Yu added: "As Myanmar opens its doors to the outside world we will require assistance in offering tailored legal advice to foreign companies who will have little or no experience in the country."
The move follows Baker & McKenzie's foray into the local market, with the firm operating a Myanmar centre in Bangkok, as well as Duane Morris & Selvam, which has a Myanmar team on the ground. Other firms recently announcing plans to enter the market include Singapore firm Rajah & Tann, Malaysia's ZICOlaw and Hong Kong outfit Charltons.
Last November saw the introduction of a new foreign investment law, allowing foreigners 100% ownership of their businesses, approved by President Thein Sein. It also allows long land leases and options for tax relief.
The association comes shortly after the firm ramped up its Asia presence with a formal association in Singapore and the launch of an office in Beijing. The firm struck an agreement with Singapore's Virtus Law shortly afyer officially opening a representative office in Beijing.
The firm's Singapore office also last week converted to a limited liability partnership structure.
Meanwhile, Simmons has secured approval to operate in Singapore from the Attorney General's Chambers, marking the firm's launch of its first office in Southeast Asia.
The base, which will be staffed by four partners and a team of associates, will focus on cross-border transactional and disputes work in the asset management, energy & infrastructure, financial institutions, life sciences and TMT sectors.
The office in the Marina Bay Financial Centre will be shared with the firm's Japanese ally TMI Associates.
In March the firm hired banking partner Dan Marjanovic from Norton Rose to help launch the office when it gained regulatory approval. The other three partners, Alexander Shepherd, Jason Valoti and Peter Wright, are relocating from Dubai, Hong Kong and London respectively.
Simmons also has Asia bases in Beijing, Hong Kong, Shanghai and Tokyo.
Related: Emerging Myanmar market draws attention as global law firms eye up latest Asian hope.
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 AllHengeler, Noerr, Freshfields Steer Multi-Million Euro Deals for XXXLutz, Huf Group & More
3 minute readFreshfields Leads European M&A Rankings Again in 2024, as U.S. Firms Gain Market Share
5 minute readTrending Stories
- 1'A Death Sentence for TikTok'?: Litigators and Experts Weigh Impact of Potential Ban on Creators and Data Privacy
- 2Bribery Case Against Former Lt. Gov. Brian Benjamin Is Dropped
- 3‘Extremely Disturbing’: AI Firms Face Class Action by ‘Taskers’ Exposed to Traumatic Content
- 4State Appeals Court Revives BraunHagey Lawsuit Alleging $4.2M Unlawful Wire to China
- 5Invoking Trump, AG Bonta Reminds Lawyers of Duties to Noncitizens in Plea Dealing
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