Asian Top News

Big Deals

By Tom Brennan and Anna Zhang |

China National Nuclear Power IPO, 58.com/Ganji, Daiichi/Sun Pharma and more of the Asia-Pacific region's largest recent transactions

India
A Taste of India

By Tom Brennan |

A few firms set up shop in India during a previous liberalization campaign. Then a lawsuit brought by an Indian lawyers' group shut them down.

India
Will India Open the Door to Foreign Lawyers?

By Tom Brennan |

Global law firms are keeping a cautious eye on India as the government moves closer to lifting the protectionist regulations that have barred foreign firms from the country.

Singapore
Going Local in Singapore

By Anna Zhang |

A handful of international firms have obtained a Qualifying Foreign Law Practice license, which allows them to hire Singapore-qualified lawyers and practice some local law. Others say it's not worth the trouble.

Singapore
Singapore: A Tough Market, But Law Firms Can't Stay Away

By Anna Zhang |

As the gateway to Southeast Asia, Singapore continues to be a hot spot for global law firms. To thrive in such a competitive legal market, firms need to be smart about where they invest their resources.

Signs of Slower Growth for U.S. Firms in Asia

By Zoe Ferguson |

Data from The NLJ 350 shows that lawyer counts at U.S. firms in Asia have soared in the past decade. But is the growth story over?

Australia
HWL Ebsworth Recruits Longtime Clayton Utz Partner

By Tom Brennan |

Michael Tuckfield joins his new firm's infrastructure and major projects practice in Melbourne.

Singapore
HSF Advises China's JCET on Singapore Semi Deal

By Tom Brennan |

A consortium led by Shanghai-listed Jiangsu Changjiang Electronics Technology is buying Temasek-controlled chipmaker STATS ChipPAC for $760 million.

Uber headquarters in San Francisco

India
Uber Hires First Head of Legal for India

By Tom Brennan |

The taxi-hailing service has tapped Mohit Abraham of Khaitan & Co., the firm currently defending Uber against a ban in Delhi.

Scott Gibson, John Weber, Michael Bowen and Marc Wilshaw pose for a photo at the Hardy Bowen offices on June 22, 2015 in Perth, Australia. (Photo by Paul Kane/Getty Images for DLA Piper)

Australia
DLA Piper Brings Aboard Perth's Hardy Bowen

By Tom Brennan |

A 12-lawyer team from the Western Australian corporate boutique will join DLA Piper's current roster of 51 lawyers in Perth on July 1.

China, Hong Kong
Davis Polk Advises Red Star Macalline on Hong Kong IPO

By Tom Brennan |

The mainland home-improvement and furniture retailer will use the $925 million raised in its initial public offering to open nine new specialty malls and seek further expansion through acquisitions.

Singapore
Singapore’s Cavenagh Law Launches Real Estate Practice

By Anna Zhang |

Clifford Chance's alliance partner in the city-state has hired former WongPartnership partner Carol Anne Tan to lead the new venture.

Vietnam
Anderson Mori Opens in Ho Chi Minh City

By Tom Brennan |

The firm has launched its second office in Southeast Asia, adding to a current base in Singapore.

China
Four Firms Advise on Shanghai Developer's $920M Fund Raising

By Tom Brennan |

Jones Day, Baker & McKenzie and Deacons all had roles on an investment into real estate company Chongbang.

Floyd Mayweather Jr., left, hits Manny Pacquiao, from the Philippines, during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas.

Philippines
Mayweather-Pacquiao Fight Sparks More Than 40 Class Actions

By Amanda Bronstad |

More than 40 class actions have been filed over last month’s highly publicized fight between Floyd Mayweather and Emmanuel “Manny” Pacquiao, alleging that the boxers, their promoters and the cable networks airing the match misled viewers about the “Fight of the Century.”

Vietnam
Protecting an International Brand's IP in Vietnam

By Marlisse Silver Sweeney |

Vietnam's 93 million residents, a large percentage of whom are under 40, have money to spend on foreign goods and services.

China
Simpson, Allen & Overy on HP’s New Chinese JV

By Anna Zhang |

State-owned Tsinghua University is paying $2.3 billion for a majority stake in a new joint venture that includes Hewlett-Packard’s network, server and storage business in China.

Singapore
White & Case Acts for Temasek, CVC on US Pharma Deal

By Tom Brennan |

The Singaporean sovereign wealth fund and London-based CVC Capital Partners have acquired a majority stake in New Jersey-based Alvogen that values the company at $2 billion.

Takata Corp displays at a showroom for vehicles in Tokyo, Japan on May 20, 2015.

Japan
Takata Executive 'Deeply Sorry' for Air Bag Defects

By Mike Sacks |

A senior executive from Takata Corp. appeared before the Senate Commerce Committee on Tuesday to update lawmakers on the recall of nearly 34 million vehicles installed with the company's air bags.

Kazakhstan, United Kingdom
Kazakhstan Wins Access to Documents of Law Firm Clyde & Co

By Scott Flaherty |

In a battle over foreign oil and gas assets, the Republic of Kazakhstan has won a ruling that the New York office of U.K.-based law firm Clyde & Co must turn over information about the value of an oil and gas plant seized by the republic.

U.S. District Judge Amit Mehta receives the oath of office from Judge Sri Srinivasan of the U.S. Court of Appeals for the D.C. Circuit on June 19, 2015.

India
First Asian-American Judge Sworn in to D.C. Federal District Court

By Zoe Tillman |

U.S. District Judge Amit Mehta, who was born in India and arrived in the United States as a young child, was formally sworn in Friday as the first Asian Pacific American on the U.S. District Court for the District of Columbia.

China, Hong Kong
Lawyers Double Dip as Chinese Clients ‘Go Private’

By Tom Brennan |

The same law firms that rode a wave of U.S. IPOs by mainland companies last decade are cashing in again as those clients pull stakes and head home to China.

China, Hong Kong
Linklaters, Freshfields Lead CITIC Securities $5B Share Sale

By Anna Zhang |

China's largest brokerage raised money for securities lending from the National Social Security Fund, the Kuwait Investment Authority, GIC Private Ltd. and others.

Australia
Allen & Overy Adds Sydney Partner

By Anna Zhang |

The Magic Circle firm rehires private equity lawyer Jamie Palmer two months after former Australia PE practice head Grant Koch left for DLA Piper.

Tim Xia

China
China IP Practice Moves From Morris Manning to Locke Lord

By Meredith Hobbs |

Tim Tingkang Xia, who headed Morris Manning & Martin's intellectual property and international practices, has left for Locke Lord with another partner, IP litigator Bryan Harrison, and a 12-member IP team made up of an associate, four patent agents and seven staff.

Hong Kong
Second Cadwalader Partner Leaves for Simmons Hong Kong

By Anna Zhang |

Nearly a month after former partner David Neuville’s return to the British firm, corporate Joseph Lee has also rejoined Simmons & Simmons.

China
Skadden Lands Role on $9B Going-Private Bid for Qihoo

By Madeline Farber |

If approved by shareholders, the deal would make Qihoo's privatization the largest such transaction by a U.S.-listed Chinese company.

The charging bull statue on the Bund, the historic business area in Shanghai.

China
Haiwen Leads Guotai Junan’s $4.9B China Listing

By Anna Zhang |

The Shanghai-based brokerage is the country’s largest IPO since Agricultural Bank of China's $10 billion Shanghai listing in 2010.

India
Ashurst, Khaitan Lead $2.3B Vedanta Deal

By Tom Brennan |

The U.K. and Indian firms are the sole counsel for the Indian resources company's latest restructuring.

China
Seyfarth Adds China Partner in New York

By Anna Zhang |

Howard Jiang joins from newly merged Locke Lord.

Source: Lenovo

China, Hong Kong
Cleary, Davis Polk Lead Legend's $2B Hong Kong IPO

By Anna Zhang |

The parent company of Chinese computer maker Lenovo is raising capital for future acquisitions.

Japan
King & Spalding Raids Ashurst to Open in Tokyo

By Tom Brennan |

Four Ashurst partners, including three already in Japan and one in Perth, are expected to join the U.S. firm to launch its second office in Asia.

China
Chinese, More Than Americans, See Benefits of US Law Degree

By Anna Zhang |

A tough market for legal services has prompted many U.S. students to drop the idea of going to law school at all. Their Chinese peers, however, think studying in the States is exactly the edge they need to overcome their own employment hurdles.

China, Hong Kong
Skadden Leads 3SBio's Hong Kong Debut

By Tom Brennan |

The Chinese biotechnology company has returned to the public markets two years after delisting from the Nasdaq.

China
Wilson Sonsini, Kirkland on $673M US-to-China Take Private

By Anna Zhang |

China Mobile Games has become the latest Chinese game developer to exit the Nasdaq, six weeks after Perfect World announced its own plan to delist from the U.S. exchange.

Australia
Jones Day Poaches HSF's Deputy Senior Partner

By Tom Brennan |

Mark Crean, a former chairman of legacy Freehills and steward of its merger with Herbert Smith, will lead the U.S. firm's Australian M&A practice from Sydney.

Hong Kong
Last Departing Fried Frank Asia Partner Joins K&L Gates

By Tom Brennan |

Hong Kong-based corporate lawyer Carolyn Sng will start at her new firm on Monday.

Deal Watch: Sullivan & Cromwell Snags Work for Teva, Tokio Marine

By Jennifer Henderson |

The firm is advising Tokio Marine in its $7.5 billion insurance company buy and has unexpectedly picked up work on Teva’s $40 billion bid for Mylan.

Japan
S&C, Willkie on Tokio Marine's $7.5B U.S. Acquisition

By Tom Brennan |

The Japanese insurer moves to expand its Stateside footprint by acquiring Houston-based specialty insurance company HCC.

Shibuya Crossing in Tokyo, Japan

Hong Kong, Japan
Davis Polk Plans Leadership Change in Tokyo

By Tom Brennan |

Linklaters Hong Kong partner Jon Gray will relocate to join the firm in Japan, taking over for soon-to-retire Tokyo managing partner Theodore Paradise.

Li Ka-shing   Source: Hutchison Whampoa Ltd.

Hong Kong, Qatar
Linklaters, Freshfields on Li Ka-shing's Latest Deal

By Anna Zhang |

Qatar Investment Authority has invested $1.2 billion in the billionaire's Hong Kong power company.

Thailand
Rajah & Tann Boosts Team in Bangkok

By Tom Brennan |

David Gibbons returns to firm life after about four years operating as a solo practitioner in Singapore and New York.

Australia
Gadens Taps Two from K&L Gates

By Tom Brennan |

Jol Rogers and Brihony Boan have joined the Australian firm's corporate and property teams, respectively, in Melbourne.

Japan, Singapore
Withers Launches in Tokyo With MoFo Hires

By Tom Brennan |

The U.K. private wealth boutique has hired former Morrison & Foerster tax specialists Chizuko Tomita and Takeo Mizutani to lead its newest office in Asia, while former Singapore partner Eric Roose will serve as head of international corporate tax in Asia.

Australia
King & Wood Mallesons Brings on Insolvency Veteran

By Anna Zhang |

Longtime Clayton Utz restructuring partner David Cowling joins the firm in Sydney.

China
China Takes Aim at Key Loophole for Foreign Investors

By Tom Brennan |

Top technology, media and telecommunications companies may face some difficult choices if regulators end their use of a key investment vehicle that allows them to operate in the country.

Indonesia
White & Case, Clifford Chance on Indonesia $2B Sukuk

By Anna Zhang |

The issuance is the Southeast Asian country's largest ever single tranche of dollar-denominated Islamic bonds.

Japan
Catalyst Moves Insight and Insight Predict Into Japan

By Sean Doherty |

Catalyst Repository Systems' Insight e-discovery platform with technology-assisted review is available in Japan.

India
BakerHostetler Adds India Partner in New York

By Tom Brennan |

Transactions lawyer Rajiv Khanna makes the move from Seyfarth Shaw.

China
Making a Go of a New Business in China

By Marlisse Silver Sweeney |

The People's Republic is cracking down tax-wise on foreign companies operating improperly in the country, creating plenty of opportunity.

Australia
HSF, KWM on $1.5B Australian Cargo Project

By Anna Zhang |

A new rail freight terminal will be built in Sydney to reduce traffic congestion caused by truck transport.

China, Netherlands
Deacons Leads $1.8B Chinese Semiconductor Buy in Europe

By Anna Zhang |

State-owned China Jianyin Investment will acquire Netherlands-based NXP Semiconductors' radio-frequency power business.

Japan, South Korea
Paul Hastings, MoFo Lead Softbank’s $1B Korean Investment

By Anna Zhang |

Seoul-based online retailer Coupang is the latest in the Japanese telecom giant's portfolio.

Hong Kong

Hong Kong, South Korea
Bae, Kim & Lee Launches in Hong Kong

By Anna Zhang |

A month after becoming the first Korean firm to establish a base in the Middle East, Bae, Kim & Lee has landed in the Chinese city to open its fourth overseas office.

Benjamin Wey

China
Harassment Suit Moves Forward Against China Stock Promoter

By Scott Flaherty |

A former employee of a U.S. firm that shepherds Chinese companies through reverse mergers claims its owner, Benjamin Wey, sexually harassed her and then used his own online soapbox to defame her.

From left to right: Winston Gao, partner at Junyan Law Firm; Malcolm Dickinson, managing partner at Michelmores; Steve Ng, partner at Ng & Shum

China, United Kingdom
First Chinese-Owned Law Firm in UK Launches in London

By Anna Zhang |

Owned by Hong Kong lawyer Steve Ng and Shenzhen lawyer Winston Gao, YangTze Law Firm will operate under U.K. regulations that allow for foreign control of domestic firms.

Australia
Corrs Chambers Westgarth Boosts IP Practice

By Tom Brennan |

The Australian firm has tapped former Griffith Hack principal Kate Hay to work from Melbourne.

China
Inhospitable Hospitality: BHP Billiton's $25M FCPA Fine

By Rebekah Mintzer |

Lessons for companies abound in the Foreign Corrupt Practices Act investigation that arose from BHP Billiton's sponsorship of the 2008 Summer Olympics in Beijing.

Panel discussion on Chinese antitrust enforcement at U.S.-China Legal Summit held on May 21, 2015 at the Ritz-Carlton Beijing Financial Street. From left to right: Susan Ning, King & Wood Mallesons Beijing partner; Liu Jian, deputy director of China National Development and Reform Commission Price Supervision and Anti-Monopoly Bureau; Lei Lingfei, policy director, Intel China.

China
China's Newest Antitrust Enforcement Target: IP

By Anna Zhang |

There will be more and more cases involving intellectual property, says a top Chinese lawyer in the practice. Here’s what foreign companies need to know.

China, Hong Kong
King & Wood Mallesons on Fosun's $1.2B Share Sale

By Tom Brennan |

The Chinese conglomerate has raised funds to continue its acquisition spree in the insurance sector.

China, Hong Kong
Wilson Sonsini Adds China Corporate Partner

By Anna Zhang |

Paul Hastings partner Ouyang Dan will split her time between Beijing and Hong Kong advising capital markets deals.

Singapore, Australia
Clyde & Co Adds Three in Singapore and Sydney

By Anna Zhang |

The British firm has hired from Korea's Lee & Ko, Singapore's Rodyk & Davidson and Australia's Minter Ellison.

China, Hong Kong
Clifford Chance Advises on HTSC's $4.5B IPO

By Tom Brennan |

The deal is the latest in a flurry of equity offerings by Chinese brokerages this year.

Japan
Lander & Rogers Brings Aboard Japan Adviser

By Tom Brennan |

The Australian firm has hired former government minister Andrew Thomson to bolster its Japan practice after a free-trade pact between the two countries came into effect earlier this year.

Bio-Rad headquarters in Hercules, CA

China
Former Bio-Rad GC Files Whistle-Blower Suit Over Firing

By David Ruiz |

Sanford Wadler claims he was blocked from investigating corruption in China as the company worked to nail down its $55 million FCPA settlement with the federal government.

Australia
HSF, Ashurst on $1.4B Aussie Mining Deal

By Tom Brennan |

The combination of Independence Group and Sirius Resources would create a copper, gold and nickel miner with a total market capitalization of $2.1 billion and a handful of major projects in Western Australia.

China
Quinn Emanuel to Launch First Mainland China Office

By Anna Zhang |

A Shanghai office is expected to open this fall, and the firm has poached Kirkland & Ellis Asia investigations head Samuel Williamson to lead it.

Dewey's Demise Takes Center Stage

Dewey & LeBoeuf former chair Steven Davis, former executive director Stephen DiCarmine and former chief financial officer Joel Sanders together face more than 100 criminal charges, including grand larceny, scheming to defraud, falsifying business records and conspiracy in the lead-up to the 1,300-lawyer firm's downfall in May 2012. All have pleaded not guilty.

Australia
Morgan Lewis on CalPERS's APAC Infrastructure Play

By Tom Brennan |

U.S. pension fund California Public Employees' Retirement System is investing $764 million in an Asia Pacific infrastructure portfolio that will be managed by Australian investment company QIC Ltd.

Australia
King & Wood Mallesons Hires Melbourne IP Partner

By Tom Brennan |

Litigation specialist Matthew Swinn has joined the firm from Corrs Chambers Westgarth.

India
The Shroffs Speak

By Tom Brennan |

The approach that brothers Shardul and Cyril have taken in launching their new firms shows they learned very different lessons from the breakup of Amarchand & Mangaldas & Suresh A. Shroff & Co.

Malaysia
Cleary, Clifford Chance on Malakoff's $769M IPO

By Tom Brennan |

Malaysia's largest independent power company held the country’s biggest initial public offering in close to three years.

China, Hong Kong, India, Japan
Deadlines for Global Legal Awards, Litigation Departments of the Year Submissions

The American Lawyer is seeking nominations for its annual Global Legal Awards and Litigation Departments of the Year.

Takata airbag components presented before a U.S. Senate Committee on Commerce, Science, and Transportation at a hearing on Nov. 20.

Japan
Takata Airbag Recall Falls Short, Plaintiffs Lawyers Say

By Amanda Bronstad |

Plaintiffs lawyers praised Takata Corp.'s admission on Tuesday that a defect was causing its airbags to spontaneously rupture, but they insisted that the company still hasn't gotten to the root of the problem, which they hope to reveal through discovery in more than 100 pending cases.

Hong Kong
Cadwalader Hong Kong Partner Leaves for Simmons & Simmons

By Tom Brennan |

The departure of U.S. securities lawyer David Neuville follows the arrival of former Latham & Watkins China partner Michael Liu and a six-lawyer capital markets and transactions team at the firm in January.

U.S. Attorney Melinda Haag

China
Feds Charge Chinese Engineers With Stealing Silicon Valley Technology

By Marisa Kendall |

The group, including a former employee of Avago Technologies, allegedly applied for patents and used a Cayman Island shell company for cover.

Hong Kong, India
White & Case Boosts India Practice With New Hire

By Tom Brennan |

Deals specialist Pradyumna Mysoor was most recently with Linklaters in Hong Kong.

Singapore
Sidley Austin Lures White & Case Singapore Partner

By Tom Brennan |

Former Indonesia practice head Charlie Wilson has joined Sidley's mergers and acquisitions and private equity group.

India, United Kingdom
US vs. UK: Which Firms Have the Best India Practices?

By Tom Brennan |

A new ranking from London-based RSG Consulting shows that U.S. firms continue to take market share in India, challenging the dominant position once held by their U.K. peers.

China
China's DaHui Hires HSF Disputes Counsel

By Anna Zhang |

International arbitration specialist Arthur Ma joins as a partner in Beijing.

Hong Kong
Dorsey & Whitney Adds Hong Kong Partner

By Anna Zhang |

High yield bond specialist Joe Sevack joins the firm from Troutman Sanders.

Nuclear Power Plant in China

China
Beijing's Tianyuan on China National Nuclear Power $2.7B Shanghai IPO

By Anna Zhang |

The state-owned nuclear power company has secured an approval for what will be the largest IPO mainland China has seen since China Everbright Bank's $3.6 billion Shanghai listing in 2010.

Hong Kong
Dealmaker Spotlight: Latham & Watkins’ Cathy Yeung

By Anna Zhang |

So far in 2015, Yeung has already advised the largest three IPOs and the largest follow-on offer in Hong Kong

Australia
Deal Watch: Weil, Wachtell Dial Up for Verizon's $4.4 Billion AOL Buy

By Jennifer Henderson |

Verizon Communication Inc. cites AOL Inc.'s market success in digital content and advertising platforms as reasons behind the purchase. Also in this week's roundup of deals worth $1 billion or more: Williams' acquisition of its master limited partnership Williams Partners in an all-stock deal valued at $13.8 billion, led by Gibson Dunn and Baker Botts.

Nadia Soraya

Indonesia
Norton Rose Fulbright Adds Another Projects Partner in Jakarta

By Anna Zhang |

Second White & Case former Indonesian associate firm partner Nadia Soraya found home.

Singapore

Singapore
Dentons Shuttering Singapore Office on Heels of Dacheng Combination

By Jennifer Henderson |

The global legal giant will close its banking and finance outpost in Singapore as a result of its tie-up with China's Dacheng, a union that creates the world's largest law firm with 6,600 lawyers.

China
China's Broad & Bright Hires Siemens In-house Counsel

By Anna Zhang |

Libin Zhang returns to the firm two years after leaving it to head the German company's Asia in-house M&A team.

Amy Berman Jackson.

South Korea
At U.S. Border, Laptops Are Not Searchable Like Handbags, Judge Tells Feds

By Zoe Tillman |

Federal agents do not have unlimited power to search laptops and other electronic devices without a warrant at the border, including airports, a federal judge in Washington ruled. The decision came in a case involving a Korean businessman whose laptop was seized by the Department of Homeland Security in 2012.

Singapore
A Conversation With The Minister for Law in Singapore

By Anna Zhang |

Speaking with The Asian Lawyer, Minister K. Shanmugam outlines his vision of building the city state into the New York of Southeast Asia's legal services.

Mita Djajadiredja

Indonesia
Baker & McKenzie Jakarta Member Firm Adds Partner

By Anna Zhang |

Mita Djajadiredja returns to Hadiputranto, Hadinoto & Partners two year after leaving to form an association with White & Case.

China, Hong Kong
Norton Rose Fulbright Advises China Taiping Insurance on $1.74B Placement

By Tom Brennan |

The state-owned company is raising money to further grow its existing insurance businesses.

China
Laboring Under China's Labor Laws

By Marlisse Silver Sweeney |

Employment law compliance is always a challenge, one that doesn't get any easier when you have employees in China.

India
Confirmed: Amarchand Mangaldas to Split

By Tom Brennan |

A feud between co-managing partners and brothers, Shardul and Cyril Shroff, has brought the hundred-year history of India's top law firm to an end.

Australia
HWL Ebsworth Hires Sydney Corporate Partner

By Tom Brennan |

Rowan McDonald most recently spent 12 years as a partner at K&L Gates and Australian legacy firm Middletons.

Australia
HSF Hires Energy Partner in Perth

By Tom Brennan |

Graeme Gamble makes the move from Ashurst, making partner for the first time in his career.

Hong Kong
Eversheds Adds Senior Hong Kong Disputes Partner

By Anna Zhang |

Former Barclays Middle East legal head Muna Dandan has relocated from Dubai to lead the U.K. firm's financial services disputes and investigations practice in Asia.

Hong Kong
Howse Williams Bowers Boosts Disputes Practice

By Tom Brennan |

The Hong Kong firm has acquired a shipping, international trade and insurance practice by recruiting former Eversheds partner William Leung.

Sunrise at Shwedagon Pagoda in Yangon, Myanmar

Myanmar
Baker & McKenzie Adds Tax Capability in Yangon

By Tom Brennan |

The Chicago-based firm has recruited new partner Ola Nicolai Borge from another professional services firm that got its start in the Windy City, accounting giant Grant Thornton.

Matthew Harrison, Bentham

Australia
Australia's Bentham Launches in San Francisco

By Patience Haggin |

The litigation funder has hired a Latham & Watkins partner to open its third U.S. office.

China
DLA on Fosun's $1.8B U.S. Insurance Buy

By Anna Zhang |

The Shanghai-based conglomerate is acquiring the remaining 80 percent of Ironshore that it doesn’t already own in an effort to ramp up its insurance portfolio.