Global Offshore Firms Scramble for China Restructuring and US IPO Work Amid Traditional Deal Drought
A continued decline in deal flow for traditional work in Greater China has set off fierce competition among global offshore law firms for restructuring as well as U.S. listing and take-private work.
November 08, 2023 at 06:42 PM
5 minute read
Law Firm ManagementBattling a continued downturn in economic activity in Greater China, international offshore law firms are competing with each other for litigation and restructuring mandates coming out of the region, fighting to land roles in U.S. take-private and listing deals from Asian corporates, and seizing on an uptick in fund formation work for Japan-bound investments.
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