Hong Kong Stock ExchangeFormer Kirkland Partner Takes Senior Role at Hong Kong Stock Exchange
Stephanie Lau has been named as co-head of the exchange's IPO vetting team in a round of promotions for former private practice lawyers.
April 29, 2020 at 07:07 AM
3 minute read
The Hong Kong Stock Exchange has appointed a former Kirkland & Ellis partner to help oversee the vetting of initial public offerings after her predecessor was charged with taking bribes.
The exchange has named Stephanie Lau to be a managing director and co-head of the IPO vetting team. Starting May 1, Lau will co-lead IPO vetting with managing director Lin Shi and report to Bonnie Chan, the exchange's head of listing.
Lau is currently a senior vice president at the exchange in charge of regulation and compliance of listed companies. She joined the exchange in 2016 from Kirkland & Ellis, where she was a Hong Kong partner specializing in corporate finance deals, including IPOs.
She first joined the U.S. firm in Hong Kong in 2011 and became a partner two years later. Lau was part of a Hong Kong corporate team led by three partners that moved to Kirkland in 2011 from Skadden, Arps, Slate, Meagher & Flom; she practiced for six years with Skadden before that.
In March, the Independent Commission Against Corruption of Hong Kong charged Eugene Yeoh, the former joint head of IPO vetting at the exchange, with accepting $1.18 million in bribes between 2017 and 2019. Yeoh had allegedly taken the money, through his wife, from an IPO consultant named Richard Lum and supported deals handled by Lum in return.
Yeoh, a former Deutsche Bank stock analyst, joined the exchange in 2013 and ascended to one of the top IPO vetting positions at the exchange within several years despite his lack of legal background and experiences. He resigned from the exchange last year after being arrested; Shi, also a corporate lawyer, has led the vetting team since.
In addition to Lau, the exchange also appointed two more senior executives with legal backgrounds. The listing department has named Katherine Ng as its chief operating officer. Ng, who was a former in-house lawyer at Merrill Lynch and practiced with Linklaters, has been a managing director with the department since 2013.
Meanwhile, Ng's predecessor and the current chief operating officer of the listing department, Grace Hui, is going to lead a green and sustainable finance team at the exchange's markets department. She practiced with Reed Smith earlier in her career and spent 10 years with UBS handling legal and operations before joined the exchange.
Chan, the exchange's head of listing, is a well-known capital markets lawyer in Hong Kong. She was a partner with Davis Polk & Wardwell between 2010 and 2019.
|Related Stories:
Davis Polk Hong Kong Partner Bonnie Chan Returns to Stock Exchange
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
© 2024 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 All
Australia’s MinterEllison Loses More Partners From Canberra Practice
2 minute read
More Than 2 Dozen Lawyers Break Off From DLA Piper Affiliate in Brazil to Form New Firm
Law Firms Mentioned
Trending Stories
- 1How to Support Law Firm Profitability: Train Partners Up
- 2Elon Musk Names Microsoft, Calif. AG to Amended OpenAI Suit
- 3Trump’s Plan to Purge Democracy
- 4Baltimore City Govt., After Winning Opioid Jury Trial, Preparing to Demand an Additional $11B for Abatement Costs
- 5X Joins Legal Attack on California's New Deepfakes Law
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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
