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International Edition

Herbert Smith leads on HK$11bn listing as Hong Kong IPO market gathers pace

Herbert Smith is leading a raft of international firms seizing on the rush of initial public offerings (IPOs) in China and Hong Kong so far this year.
2 minute read

International Edition

Duane Morris to launch three new Asia branches

Philadelphia law firm Duane Morris has continued to expand in Asia with the announcement that it is to open two offices in Vietnam, one in Hanoi and another in Ho Chi Minh City. Singapore managing partner Eduardo Ramos-Gomez will oversee the new offices, which will initially house three lawyers and focus on corporate, project finance and real estate work.
1 minute read

International Edition

Lovells, Norton Rose lead on Barclays' £2bn Asian sale

Norton Rose and Lovells have become the latest firms to benefit from the £45bn merger bid between Barclays and ABN Amro, with the City firms each advising major Asian clients on more than £2bn worth of investment in the UK financial services giant. Norton Rose is acting for the China Development Bank and Lovells is representing Temasek, the investment arm of the Singapore Government, which have acquired stakes worth a combined £2.4bn in Barclays ahead of its planned takeover of ABN.
2 minute read

International Edition

Reed Smith closes on Richards Butler HK arm

Reed Smith is in advanced merger talks with Richards Butler's legacy Hong Kong partners, with an agreement expected to be reached later this summer. The heavyweight Hong Kong practice - which was treated as financially separate from the London and European partnership of Richards Butler - was not part of the merger agreed between the two firms last year.
2 minute read

International Edition

Dentons India specialist joins Eversheds' City arm

Eversheds has boosted its India group with the hire of Denton Wilde Sapte lawyer Gauri Advani, the top 10 UK law firm confirmed this week.
1 minute read

International Edition

CC bolsters HK corporate with McDermott recruit

Clifford Chance (CC) has hired corporate partner Erin Brennan from US firm McDermott Will Emery to strengthen its Hong Kong operation. Brennan, who was formerly a partner in McDermott's Boston office, joined the magic circle giant last week as a foreign consultant to the firm's 100-lawyer Hong Kong arm.
1 minute read

International Edition

Stephenson Harwood stars on first AIM listing for Bollywood film fund

Stephenson Harwood has advised on Bollywood's first-ever listing on the Alternative Investment Market (AIM), the £55m initial public offering (IPO) of a fund named The Indian Film Company.
2 minute read

International Edition

Manhattan duo lead latest monster take-private

Manhattan rivals Sullivan & Cromwell and Weil Gotshal & Manges have bagged lead roles on the latest mega buy-out as communications group Bell Canada Enterprises (BCE) is taken private in a C$51.7bn (£24.2bn) deal. Weil Gotshal is advising the purchasing consortium, which is being led by Teachers Private Capital and includes Providence Equity Partners and Madison Dearborn Partners. Sullivan is acting for the target, with M&A partners James Morphy, George Sampas and Donald Crawshaw spearheading the team.
1 minute read

International Edition

Freshfields boosts HK with partner transfer

Freshfields Bruckhaus Deringer has relocated US-qualified corporate partner Stuart Grider from London to Hong Kong, the City giant announced today (28 June). Grider, who became a partner earlier this year, has practised in London since joining the magic circle firm in 2002.
1 minute read

International Edition

India: India's cyber crimes

While attempting to understand the provisions of the Indian Information Technology Act 2000, it is important to remember that the legislation is, first and foremost, electronic commerce legislation. When the very first draft version was prepared it was called the Electronic Commerce Bill, in keeping with the prime objectives and duly referring to the Ministry of Commerce, from where it came. With the subsequent creation of the Ministry of Information Technology, the draft Bill was re-christened with the rather generic title of the Indian Information Technology Bill. The raison d'etre was the same - 'functional equivalence' that electronic records and transactions would be accorded an equal weight in evidence law as traditional paper records.
5 minute read

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