Slaughters Hong Kong corporate star Neil Hyman to leave the firm
Magic circle firm to promote corporate associate Roger Cheng to partner on Hyman's departure
February 11, 2016 at 07:03 PM
2 minute read
Slaughter and May Hong Kong corporate partner Neil Hyman is due to retire from the partnership on 30 April.
It is understood that he will focus his time on activities outside the law, including working on charity boards, and will be splitting his time between London and Hong Kong.
Hyman joined the firm in London in 1986 and was made up to partner in the corporate practice in 1995. He then transferred to the firm's Hong Kong office in 2001.
He is credited with helping to secure the firm's reputation in Hong Kong as a top-tier player for transactional work even though it has not matched the volumes achieved by magic circle rivals Freshfields Bruckhaus Deringer or Linklaters.
Hyman has been involved in a string of major deals during his career at Slaughters including acting for Burberry on its £70m buyout of 50 stores in 30 cities from its franchise partner Kwok Hang Holdings of Hong Kong in 2010.
On top of his role as corporate partner, Hyman is also responsible for client development in Australia alongside London corporate partners Nigel Boardman and David Johnson.
Following Hyman's departure, the firm will promote Hong Kong corporate associate Roger Cheng to partner on 1 May. As a result, the firm will continue to have 12 partners in Asia.
Cheng joined Slaughters as a trainee in 2005.
Recent major mandates for Slaughters' Hong Kong office include advising Alibaba Group on its acquisition of South China Morning Post (SCMP), an English language newspaper based in Hong Kong, announced in December 2015.
The firm's team on the deal was led by Hong Kong corporate partners Benita Yu and Clara Choi.
Clients that Slaughters has advised on major corporate finance work in China include online business Alibaba.com, investment bank China International Capital Corporation (CICC), drinks giant Diageo, HSBC bank, insurer Prudential, credit rating agency Moody's, investment firms TPG Capital and CITIC Group, and developer Swire Properties.
In the key equity capital markets sphere, the firm's Hong Kong arm has advised Goldman Sachs, HSBC, Morgan Stanley, UBS, Credit Suisse, CICC and Metallurgical Corporation of China.
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