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International Edition

Taylor Wessing signs association in Indonesia

Taylor Wessing has become the latest Indonesian law firm to establish a presence in Indonesia after tying up with local outfit Hanafiah Ponggawa & Partners (HPRP). The association, which will see the two firms share know-how and resources, comes as a string of foreign firms look to Indonesia - one of Asia's fastest growing economies - for new work.
2 minute read

International Edition

Clayton Utz leads as Cotton On makes first acquisition in Australia

Clayton Utz has advised Australian retailer Cotton On with its acquisition of regional fashion chain Supré. The deal, which is Cotton On's first major acquisition in the Australian market, has seen the company acquire 157 stores owned by Supré in Australia and New Zealand, although no value has been announced.
1 minute read

International Edition

RPC boosts Singapore team with hire of Ince Asia insurance chief

RPC has bulked up its Singapore practice with the hire of Ince & Co head of Asia insurance and reinsurance Iain Anderson. Anderson joined Ince as a trainee in 1998 and was made up as partner in 2007 before relocating to Singapore three years later to launch the firm's Singapore insurance offering. He is set to start his role at RPC at the start of November.
2 minute read

International Edition

Hill Dickinson launches in Hong Kong with litigation boutique Laracy & Co

Hill Dickinson has launched in Hong Kong this week through an association with local litigation firm Laracy & Co. The UK outfit, which received a licence to open in the Asian financial hub in August, has appointed London maritime partner Mike Mallin to spearhead the new base, working alongside Laracy & Co principal Damien Laracy.
2 minute read

International Edition

Weil, CC and Linklaters advise as Japan's Lixil acquires German rival Grohe for €3bn

Weil Gotshal & Manges, Clifford Chance (CC) and Linklaters have won key roles on Japanese bathroom fittings company Lixil's €3bn (£2.5bn) acquisition of German rival Grohe. TPG Capital and DLJ Merchant Banking Partners, Grohe's private equity owners, are set to sell their 87.5% stake in the company to Lixil and the Development Bank of Japan in a joint acquisition structure.
2 minute read

International Edition

HSF ramps up in Australia with hires from Bakers, Norton Rose Fulbright

Herbert Smith Freehills has ramped up in Australia with the hire of two new partners. Corporate partner David Ryan joins the Sydney team from Baker & McKenzie, whilst finance partner David Lyons has moved to HSF in Brisbane from Norton Rose Fulbright. Ryan was global head of mining and metals with Bakers, and had a strong energy and resources practice focusing on M&A in the electricity and gas sector. He will continue to concentrate on M&A and offer more general commercial advice in his new role.
2 minute read

International Edition

Stone Chambers opens in Singapore to tap shipping and commercial disputes

British commercial and shipping barristers Stone Chambers have opened in Singapore as the island city-state continues to lead in South East Asia as a hub for dispute resolution. The office, which is located on level 10 of the popular Ocean Financial Centre on Collyer Quay, will be headed by senior arbitrator and deputy High Court Judge Andrew Moran QC, who has 35 years of experience and specialises commercial, shipping, finance and regulatory work.
2 minute read

International Edition

Lawrence Graham targets India growth with formal referral deal

Lawrence Graham has agreed terms for a formal referral arrangement with Indian law firm Naik Naik & Company. The firm has had an informal relationship with Naik Naik since 2010 and has a number of common clients. The non-exclusive agreement will focus on strengthening the referral arrangements between the firms as well as developing new opportunities for referrals across both firms' corporate, commercial, litigation and real estate groups.
2 minute read

International Edition

Coalition victory fuels hopes of M&A revival among Australia's hard-pressed law firms

The election of the conservative Liberal-National Coalition Government in Australia has raised hopes among the country's struggling law firms that the ending of electoral uncertainty and a raft of business-friendly policies will combine to reverse a worrying decline in M&A levels. The 7 September poll and the subsequent swearing in of Prime Minister Tony Abbott following six years of Labour rule has been welcomed by senior business lawyers, who have been fighting to rein in costs because of the impact of slowing economic growth on deal activity. Among the Government's main priorities are plans to scrap a controversial carbon tax on Australia's largest polluters and abolish the Minerals Resource Rent Tax or 'mining tax'. It has also pledged to boost spending on infrastructure and support foreign investment into the country.
5 minute read

International Edition

Dorsey & Whitney to close Sydney office at end of the year

Minneapolis-based firm Dorsey & Whitney is to close its office in Sydney at the end of the year. The base, which is the US firm's only office in Australia, managed by one partner, will shut its doors in December after five years of operation. Head of the office John Chrisman, a US capital markets and M&A lawyer, intends to relocate to Hong Kong in January shortly after the closure.
2 minute read

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