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International Edition

International firms line up for roles on $13bn BG Group bid

Allen & Overy, Australia's Mallesons Stephen Jaques and New Zealand's Simpson Grierson are advising UK energy giant BG Group on its $13bn (£6.6bn) hostile takeover bid for Origin Energy, Australia's second-largest energy company, The American Lawyer has reported.Clayton Utz is representing Origin, which has advised its shareholders to take no action on the bid.
2 minute read

International Edition

A&O and CC take top roles on Barclays fundraising

Allen & Overy (A&O) and Clifford Chance (CC) are among a raft of firms that have won roles on Barclays' high-profile capital raising. A&O is advising Sumitomo Mitsui Banking Corporation (SMBC) on its £500m investment into Barclays, while CC has taken the lead role for Barclays.
2 minute read

International Edition

Herbert Smith names new Singapore chief

Herbert Smith has appointed Austin Sweeney as the new head of its Singapore office, with the corporate partner relocating from the firm's City base to take up the management role. Sweeney will begin in his new post on 1 August for a three-year term. He takes over the reins from corporate partner Veronica O'Shea, who has managed the firm's Singapore office since 2004. She will return to full-time client work with a brief to develop the corporate practice in Singapore, Thailand and Indonesia.
2 minute read

International Edition

Norton Rose joins firms on Chinese bank panel

Norton Rose has landed a place on China Development Bank's (CDB's) legal panel, joining 10 other firms on the sovereign wealth fund's roster. The firm won a place after advising CDB on its investment in Barclays in 2007. The City firm joins magic circle giants Allen & Overy and Clifford Chance as well as US firms Baker & McKenzie, Jones Day, Latham & Watkins, Orrick Herrington & Sutcliffe and White & Case. Deacons, Li & Partners and Minter Ellison complete the line-up.
1 minute read

International Edition

Latham names new Tokyo chief Hirose

Latham & Watkins has appointed a new head of its Tokyo office, with Hisao Hirose set to take over the role from Bernard Nelson, who is retiring this month. Hirose, a finance partner with Latham's Gaikokuhou joint venture in Tokyo, specialises in structured finance, banking and bank regulatory matters as well as advising on bankruptcy, securities regulation and general corporate matters.
2 minute read

International Edition

Simmons lays off staff after Tokyo duo loss

Simmons & Simmons is to lay off four associates and three business support staff in its Tokyo office after losing its two partners in the city to Lovells. Corporate partner and office chief Rika Beppu, who has been with Simmons for 14 years, will become co-managing partner of Lovells in Tokyo alongside current head Lloyd Parker.
2 minute read

International Edition

Salans hires Pinsents partner for HK launch

Salans has hired the co-head of Pinsent Masons' China corporate practice, Andrew Liu, to lead its new Hong Kong office. Liu joined Salans on 1 June, along with one associate, and is temporarily working from the firm's Shanghai office.
2 minute read

International Edition

City firms strengthen China competition as anti-monopoly law comes into effect

Leading City firms are bolstering their competition practices across China as they prepare for new anti-monopoly laws set to come into effect on 1 August. Firms including Freshfields Bruckhaus Deringer, Lovells and Herbert Smith are among those strengthening their capabilities in the region, while DLA Piper has launched a new training initiative.
2 minute read

International Edition

DLA ally Cliffe Dekker seals tie-up with SA rival

Cliffe Dekker, the South African ally of DLA Piper, is to merge with local rival Hofmeyr Herbstein & Gihwala, in a deal that is set to create the country's largest law firm. The combined firm will operate as Cliffe Dekker Hofmeyr from September, boasting 127 partners in Johannesburg and Capetown. It is thought the combined practice will be the largest law firm in South Africa, with Cliffe Dekker contributing 65 and 62 hailing from Hofmeyr.
2 minute read

International Edition

Akin Gump axes Taiwan after senior exit

Akin Gump Strauss Hauer & Feld is to close its Taiwan office and is reviewing the future of its Silicon Valley branch after the departure of rainmaker Yitai Hu, writes The Recorder. Hu, a patent litigator with a number of major Taiwanese clients, will leave the firm by the end of next month.
2 minute read

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