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International Edition

On the right track – MTR's legal manager on the challenges of nurturing a growing railway network

As Hong Kong railway operator MTR Corporation spreads its wings internationally, the legal team is facing a new set of compliance challenges. Jeremy Bennett talks to Elizabeth Broomhall about managing his team's expanding remit...
9 minute read

International Edition

Cleary, Sidley act on Suntory's $16bn acquisition of Beam

Cleary Gottlieb Steen & Hamilton is acting opposite Sidley Austin to advise Japanese drinks giant Suntory on its $16bn (£9.7bn) acquisition of US spirits maker Beam. Suntory announced this week it would acquire all of Beam's shares for $83.50 per share in cash, and assume all of the company's outstanding net debt.
2 minute read

International Edition

Dechert loses Hong Kong managing partner to Zhong Lun

Dechert's Hong Kong managing partner Basil Hwang has left the firm to join Zhong Lun's Hong Kong office. Hwang, who specialises in cross border M&A, private equity, funds and corporate work, joined Zhong Lun's local associate Boughton Peterson Yang Anderson at the beginning of the month, bringing the total number of partners to 13.
2 minute read

International Edition

Hogan Lovells bolsters TMT group in Asia with Freshfields' practice head

Hogan Lovells has bolstered its technology media telecoms (TMT) group in Asia with the hire of Freshfields Bruckhaus Deringer partner Mark Parsons, regional head of intellectual property, IP and TMT for the magic circle firm. Parsons, who focuses particularly on commercial transactions and regulatory matters in the technology sector, will join the UK firm in Hong Kong at the end of January, and is expected to enhance the corporate and commercial team.
2 minute read

International Edition

K&L Gates builds Tokyo office with double partner hire

The Tokyo office of K&L Gates has boosted its disputes, real estate, and finance practices with the recruitment of six lawyers, including two partners. Among the new arrivals is Takahiro Hoshino, founder and managing partner of Hoshino & Partners, who moves across with a team of four associates.
2 minute read

International Edition

Duane Morris enters China with Shanghai base

Duane Morris has expanded into China with the launch of a new office in Shanghai. The US firm, which is still awaiting approval from the PRC Ministry of Justice, will open the base under the banner Duane Morris Selvam, its joint law venture in Asia. Leon Yee, managing director of Asian entity, will serve as chief representative of the new office, and will be joined by Chong Eng Wee, an associate director in Singapore. The office will be staffed with five lawyers in total.
3 minute read

International Edition

Clifford Chance moves into Indonesia with local tie-up

Clifford Chance has launched in Indonesia after entering into an association with local outfit Linda Widyati & Partners (LWP). The tie-up comes some months after the firm first began analysing the market, which it was previously servicing from Singapore.
4 minute read

International Edition

Linklaters and Paul Hastings lead on bid for Spain's Campofrio

Linklaters and Paul Hastings took lead roles as Chinese meat processing giant Shuanghui International tied-up with Mexican food company Sigma Alimentos in a joint bid for share control of Spanish processed-meat business, the Campofrio Food Group. The deal, worth approximately $966m but still subject to approval, will see Sigma and Shuanghui combine their existing stakes in the company and offer €6.90 per share for the remaining stock. Together they currently own 82% of Campofrio's shares.
1 minute read

International Edition

CC on track to achieve Asia revenue targets amid capital markets rush

Clifford Chance (CC) has said it is back on track to achieve its 2014-2015 revenue targets in Asia after seeing a slowdown in the last financial year amid a slump in capital markets and M&A work. The magic circle firm, which recorded a 3% drop in Asia revenues in the financial year 2012-2013, said it had adjusted its expectations to account for market volatility, but was still eyeing revenues close to its original £250m goal.
4 minute read

International Edition

Transfer Window Asia: recent moves including DLA, Clydes and HSF

DLA Piper has boosted its corporate practice in Bangkok with the hire of O'Melveny & Myers lawyer Tim Tan. Tan, who was previously a counsel with O'Melveny in Singapore in the firm's corporate finance practice, focuses on banking and leverage finance, corporate debt and restructuring and special situations investment transactions.
4 minute read

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