Top Stories

Modi's Won, What Now for India?

Tom Brennan | August 18, 2014

Law firms and their clients are just as eager as the Indian electorate for new Prime Minister Narendra Modi to turn the country's ailing economy around. But can a man who was swept into office in India's biggest electoral victory in 30 years live up to the hype?

The Asian Lawyer’s Ready for Relaunch

By Asian Lawyer Staff |

On Monday, Aug. 25, the site will become part of a broader collection of global legal coverage by parent publication The American Lawyer. In the run-up to that launch, The Asian Lawyer site will be on standby.

Asia Deal Digest: Aug. 19, 2014

By Tom Brennan |

*Allen & Gledhill, Clifford Chance on OCBC’s $2.7 billion rights issue in Singapore
*HSF advises KKR/Abacus joint venture on stake purchase in Melbourne’s World Trade Center
*Gibson Dunn leads Chinese consortium’s $1.7 billion take private offer for U.S. chipmaker OmniVision

Allen & Gledhill on OCBC’s $2.7 Billion Rights Issue

By Anna Zhang |

Singapore’s second-largest lender by assets is looking to refill its coffers after spending $5 billion to purchase Hong Kong-based Wing Hang Bank.

Gibson Dunn on Chinese Consortium's Bid for OmniVision

By Anna Zhang |

Beijing-based Hua Capital Management and Shanghai Pudong Science and Technology Investment are looking to take the Santa Clara-based company private for $1.7 billion.

KWM on $1.2 Billion Sydney Highway Refinancing

By Tom Brennan |

Allens acted for the lenders that funded the Westlink M7 motorway project.

Ashurst Hires in Hong Kong

By Anna Zhang |

Debt capital markets partner Anna-Marie Slot has moved over from White & Case.

HSF on Commonwealth Bank's $1.9 Billion Notes Offer

By Tom Brennan |

The Sydney-based bank will use the notes to bolster its capital reserves and to fund operations.

Jones Day Hires Singapore Partner

By Anna Zhang |

Mae Shan Chong was previously a transactions partner at White & Case in the city-state.

O’Melveny Singapore Partners Defect to Ashurst

By Tom Brennan |

The departures come on top of at least seven other exits from the Los Angeles-based firm's Asia offices this year.

Hong Kong Law Society Demands Its President Step Down

By Anna Zhang |

Comments from President Ambrose Lam in support of a controversial white paper by the Chinese government prompted a historic no-confidence vote by the city's solicitors.

PwC Taps Former King & Wood Mallesons Australia Partners

By Anna Zhang |

The hiring of former country managing partner Tony O’Malley and former corporate M&A head Timothy Blue comes as PwC and its Big Four accounting peers bulk up their legal teams in the Asia Pacific region.

RHTLaw Taylor Wessing Adds Disputes Partner

By Tom Brennan |

Michelle Woodworth specializes in matrimonial disputes and has previously served as a district judge in Singapore’s family court.

Asia Deal Digest: Aug. 14, 2014

By Anna Zhang |

*Linklaters leads Dairy Farm's $925 million investment in Shanghai-listed Yonghui Superstores
*Norton Rose Fulbright advises Fosun International on its winning bid for Roc Oil in Australia
*Amarchand advises on a $349 million share sale by Bharti Airtel's tower unit

WongPartnership Forms Alliance in Indonesia

By Tom Brennan |

The Singaporean firm is tying up with 30-lawyer corporate and finance firm Makes & Partners.

Linklaters Advising Dairy Farm on China Investment

By Anna Zhang |

The Jardine Matheson subsidiary is purchasing a near 20 percent stake in Shanghai-listed Yonghui Superstores for $925 million.

Slaughter and May, HSF on ICBC's New Debt Program

By Tom Brennan |

The state-run Chinese bank has established a $5 billion commercial paper and certificate of deposit program in order to raise funds for its near-term operations.

Cleary on Korea Ex-Im Bank's $1 Billion Bond Offer

By Anna Zhang |

The credit agency sold two $500 million tranches of notes to extend loans and repay debt.

Bingham McCutchen Partner Jiro Murase Dead at 86

By Tom Brennan |

An early leader in guiding Japanese companies on their investments into the U.S. and Europe, Murase's New York firm had merged with Bingham in 1997.

Deutsche Bank Sues Former China Executive in Hong Kong

By Anna Zhang |

Former China head Zhang Hongli is alleged to have breached fiduciary duty when he transferred $4 million to a Shenzhen-based bank for reasons the German bank did not disclose.

Pillsbury Poaches Rival Lawyers to Open in Beijing

By Anna Zhang |

A team of five from Paul Hastings, including former office managing partner David Livdahl and partner Jenny Sheng, has joined the New York-based firm to launch a new office in the Chinese capital.

HSF, V&E on $1.1 Billion China Oil Deal

By Tom Brennan |

Hong Kong-based Brightoil has bought the Bohai Bay offshore assets of U.S. exploration and production company Anadarko Petroleum.

GSK-Linked Investigators Convicted in Shanghai

By Anna Zhang |

British national Peter Humphrey and his wife, who operate corporate intelligence company ChinaWhys, have been found guilty of illegally buying and selling the personal information of Chinese citizens.

AZB & Partners Brings on Delhi Partner

By Tom Brennan |

Madhurima Mukherjee, former capital markets head at Luthra & Luthra, is returning to private practice after a yearlong sabbatical.

Johnson Winter & Slattery Adds Sydney Partner

By Anna Zhang |

Former DLA Piper partner Carrie Follas works on commercial real estate matters, with a specialization in the agribusiness and renewable energy sectors.

Asia Deal Digest: Aug. 7, 2014

By Tom Brennan |

*Milbank leads Tata Steel's first dollar-denominated bond sale, worth $1.5 billion
*Ropes & Gray advises Macquarie fund on investment in New York Stock Exchange-traded JinkoSolar
*Malaysia’s Sona Petroleum taps Norton Rose Fulbright for oil concession purchase in Gulf of Thailand

Duane Morris Hires Asia Investigations Head

By Anna Zhang |

Samuel Sharpe was formerly a senior associate at DLA Piper, where he advised multinational companies on U.K. Bribery Act and U.S. Foreign Corrupt Practices Act issues.

Apple and Samsung Drop Overseas Fights

By Julia Love, The Recorder |

The two companies have taken another step toward global peace, agreeing to lay down their arms in eight countries outside the United States where they had litigation pending.

HSF Acts for Leighton-Led Consortium on New Zealand Infrastructure Bid

By Anna Zhang |

The group of five investors will pay $845 million to build the Transmission Gully Motorway near Wellington, in the country’s largest-ever public-private partnership deal.

Kirkland Leads Qihoo’s $900 Million Bond Sale

By Tom Brennan |

Latham & Watkins, King & Wood Mallesons and Commerce & Finance Law Offices also had roles on the deal.

K&L Gates Hires Partner in Tokyo

By Tom Brennan |

The Pittsburgh-based firm has recruited former Baker & McKenzie arbitration partner Haig Oghigian.

V&E, Freshfields on Blackstone Asian Energy Investment

By Tom Brennan |

The U.S. private equity company is putting $800 million into newly formed Tamarind Energy, which will focus on upstream oil and gas work in Southeast Asia.

Five Firms on Tata Steel’s $1.5 Billion Note Issue

By Tom Brennan |

Milbank and Linklaters led the group on the Indian company’s first dollar-denominated debt issue.

Linklaters, Weil on Financing for PizzaExpress Deal

By Anna Zhang |

Chinese private equity firm Hony Capital raised about two-thirds of the $1.54 billion it agreed to pay for the British restaurant chain last month.

Cooley Takes on New Shanghai Partner

By Tom Brennan |

Former Shearman & Sterling Hong Kong counsel Pang Lee has joined the firm’s investment funds group.

Osborne Clarke to Launch First Asian Office

By Anna Zhang |

The U.K. firm has poached two Bird & Bird partners to open a Hong Kong office that will focus on the media, technology and telecommunications sectors.

PwC Allies with Boutique Singaporean Firm

By Anna Zhang |

The accounting giant has formed an association with corporate specialist Camford Law Corp.

Norton Rose Relocates Partner to Lead Singapore Corporate Team

By Tom Brennan |

Nick Dingemans was formerly a resources specialist in the firm’s Moscow office.

Paul Hastings on Sino-Ocean's $1.2 Billion Bond Issue

By Tom Brennan |

The Chinese state-run property company sold five-year and ten-year bonds in order to repay existing debt.

Asia Deal Digest: July 31, 2014

By Anna Zhang |

*Ashurst, Morrison & Foerster lead billion-dollar tie-up between Itochu and CP Group
*Kirkland & Ellis acting for Chinese mobile game developer iDreamSky Technology on Nasdaq IPO
*Milbank on GIC's investment in Philippine conglomerate Metro Pacific

Three Firms on Myanmar Telecom Project

By Anna Zhang |

Linklaters, Allens and Squire Patton all have roles on a Japanese consortium’s $2 billion winning bid to build a 3G network in the newly opened country.

Eversheds Adds Hong Kong Partner

By Anna Zhang |

Samuel Chau was most recently Hong Kong banking and finance head of Gide Loyrette Nouel.

MoFo, Ashurst Lead CP Group-Itochu Alliance

By Tom Brennan |

The Thai conglomerate and Japanese trading house have struck a billion-dollar deal that will see them collaborate in the food and agribusiness sectors.

Johnson Winter & Slattery Hires Brisbane Partner

By Anna Zhang |

David Beckett was formerly a finance partner at Corrs Chambers Westgarth.

Mayer Brown Launches Trade Consultancy in Singapore

By Tom Brennan |

The firm has hired a five-person team from Bryan Cave in order to meet client demand in the areas of trade and customs work in Asia.

Dentons Hires Partner in Beijing

By Tom Brennan |

Former Baker & McKenzie special counsel Frank Niu has joined the firm’s corporate practice.

Withers Adding Partner in Singapore

By Tom Brennan |

Tax specialist Stacy Choong is returning to private practice after four years as a managing director at J.P. Morgan Private Bank.

Clifford Chance's Associate Firm Adds Jakarta Partner

By Anna Zhang |

Linda Widyati and Partners is bringing aboard former Lubis Ganie Surowidjojo partner Arisia Pusponegoro.

Asia Deal Digest: July 24, 2014

By Tom Brennan |

*J. Sagar Associates, Allen & Overy lead Indian state-run ONGC Videsh's $2.2 billion bond sale
*Duane Morris & Selvam advises Korean film company Spackman Entertainment Group on Singapore IPO
*Norton Rose Fulbright acts for Toyota's trading arm on auto parts distribution deal in Thailand and Malaysia

Linklaters Advises DBS on $1.25 Billion Bond Issue

By Tom Brennan |

The Singaporean bank sold two tranches of dollar-denominated bonds in order to support its finance and treasury activities.

London Silk Seeks Admission to WongPartnership Dispute

By Anna Zhang |

Former Citigroup executive Deepak Sharma wants Michael Fordham QC to review a Law Society of Singapore decision that dismissed his claims of misconduct against two of the Singaporean firm's partners.

Kelvin Chia Opens in Mandalay

By Tom Brennan |

The Singaporean firm is believed to be the first foreign firm to launch a Myanmar office outside of Yangon.

Broad & Bright Opening in Hong Kong, Guangzhou

By Anna Zhang |

The Beijing-based firm is responding to client demands that it have a greater presence in southern China.

JSA, Allen & Overy on ONGC Videsh's Bond Sale

By Tom Brennan |

The state-run oil and gas company sold $2.2 billion worth of dollar- and euro-denominated notes.

Three Asia-Based Partners Exit DLA Piper

By Tom Brennan |

The moves are the latest in a number of departures for the firm in the region.

K&L Gates Leads Indonesia’s First Euro Note Issue

By Tom Brennan |

The Southeast Asian country sold the seven-year bonds on the Singapore and Frankfurt stock exchanges.

Asia Deal Digest: July 17, 2014

By Anna Zhang |

*Linklaters advises on Hony Capital's $1.54 billion PizzaExpress acquisition
*Skadden acts for Chinese e-commerce company Cogobuy on its $198 million Hong Kong IPO
*WongPartnership represents Lend Lease on a new $729 million loan from DBS and OCBC

Clyde & Co Adds Beijing Partner

By Anna Zhang |

Patrick Zheng moves over from Clifford Chance, where he was co-head of the firm’s arbitration practice in China and Hong Kong.

Baker & McKenzie Opens in Brisbane

By Anna Zhang |

The Chicago-based firm launches its third Australian office by recruiting three new partners.

Ashurst Hires Hong Kong Partner

By Tom Brennan |

Nigel Pridmore was formerly a London-based capital markets partner at Linklaters.

Linklaters, Freshfields on Billion-Dollar Pizza Deal

By Anna Zhang |

Linklaters is advising Chinese private equity outfit Hony Capital on its purchase of global restaurant chain PizzaExpress Ltd. from London-based Cinven Partners, which is being represented by Freshfields.

Spy Gets 15 Years for Selling Secrets to China

By Marisa Kendall, The Recorder |

Walter Liew, a U.S. citizen who is of Chinese descent, was convicted in a California court of providing trade secrets belonging to E.I. du Pont de Nemours & Co to Chinese officials.

U.S. Court Upholds AU Optronics' Price-Fixing Convictions

By David Ruiz, The Recorder |

The Justice Department had authority to pursue the Taiwan-based company because millions of panels were imported into the U.S., Judge M. Margaret McKeown wrote.

Yulchon Launches in Myanmar

By Tom Brennan |

The firm will advise Korean companies on their investments in the newly opened country.

Asia Deal Digest: July 10, 2014

By Tom Brennan |

*King & Wood Mallesons on Puma Energy's $526 million investment in Papua New Guinea
*Davis Polk leads aluminum products maker China Hongqiao Group's $400 million bond issue
*Baker & McKenzie advises Spanish solar company Gestamp on Japan project financing

Three Firms on Bank of East Asia’s $2 Billion Note Program

By Tom Brennan |

The Hong Kong-based bank will sell bonds on the Singapore Exchange in order to raise funds for general corporate purposes.

Fredrikson & Byron Hires in Shanghai

By Anna Zhang |

The Minneapolis-based firm recruited Sharon Shi, who was the London-based head of Eversheds’ China desk.

Clifford Chance, DLA Piper Name New Korea Chiefs

By Anna Zhang |

Counsel Thomas Walsh is stepping in as chief representative for the Magic Circle firm, while corporate partner Daniel Kim assumes the role at DLA Piper.

ZICOlaw Hires New Yangon Head, Ties Up With Laos Firm

By Anna Zhang |

The Kuala Lumpur-based firm has tapped former Baker & McKenzie senior counsel Saw Yu Win to lead its Myanmar team, while also forming an alliance with Vientiane Law Co. Ltd.

Davis Polk on Greenland's $1 Billion Bond Sale

By Tom Brennan |

The Chinese property developer is raising money to fund overseas projects.

Squire Patton Merges With Boutique Firm in Tokyo

By Tom Brennan |

The combination with Mamiya Law Offices gives Squire Patton a domestic corporate practice in Japan.

Wachtell on Expedia’s $658 Million Australian Deal

By Anna Zhang |

The U.S. online travel-booking company is buying Brisbane-based counterpart Wotif.com in order to expand its Asia Pacific footprint.

HWL Ebsworth Recruits New Partner in Brisbane

By Tom Brennan |

Former Australian Business Lawyers & Advisors Brisbane managing director Heinz Lepahe has joined the firm’s workplace relations and safety team.

Asia Deal Digest: July 3, 2014

By Anna Zhang |

*HSF, Gilbert + Tobin on Healthscope Ltd.'s $2.4 billion IPO in Australia
*Davis Polk leads Tencent Holdings Ltd.'s $736 million stake purchase in 58.com
*Wong & Partners advises Malaysia's Icon Offshore Bhd. on public offering in Kuala Lumpur

Dentons Hires Finance Partner in Hong Kong

By Tom Brennan |

Jeffrey Chen was formerly a partner at Cadwalader, Wickersham & Taft.

Ashurst Leads Luye Pharma's Hong Kong IPO

By Tom Brennan |

The Chinese drugmaker is going public for the second time, having delisted from the Singapore Exchange two years ago.

Gilbert + Tobin, HSF on $1.3 Billion Goodman Fielder Deal

By Anna Zhang |

Wilmar International Ltd. and First Pacific Co. Ltd., which together control about 20 percent of the Australian food company, are buying out the remaining shares they don't currently own.

HWL Ebsworth Hires Perth Partner

By Tom Brennan |

Richard Johnson was previously a restructuring and insolvency lawyer at Minter Ellison.

Gibson Dunn Adds Partners in Hong Kong, Beijing

By Anna Zhang |

Patricia Tan Openshaw and Fang Xue are joining the Los Angeles-based firm from Paul Hastings and Shearman & Sterling, respectively.

Davis Polk on Tencent's $736 Million Buy Into 58.com

By Anna Zhang |

Shenzhen-based Tencent is acquiring a near 20 percent stake in China's answer to Craigslist.

HSF on Healthscope's $2.4 Billion Aussie IPO

By Tom Brennan |

U.S. private equity giants TPG Capital and Carlyle Group are selling down part of their ownership stake in the company four years after taking it private.

Three Firms on Reliance Communications' Share Sale

By Tom Brennan |

The Indian telecommunications company sold just under $1 billion in shares in order to repay existing debt.

Bird & Bird Forms Alliances in Indonesia

By Anna Zhang |

The London-based firm has signed nonexclusive agreements with intellectual property specialist K&K Advocates and corporate boutique Nurjadin Sumono Mulyadi & Partners.

Asia Deal Digest: June 26, 2014

By Tom Brennan |

*Cordells on Citigroup's $700 million purchase of a new Hong Kong headquarters
*Baker & McKenzie advises Japan's Pacifico Energy on financing for new solar project
*Linklaters leads Yes Bank's $488 share placement in India

Kilpatrick Townsend Hires Shanghai Partner

By Anna Zhang |

Gentry Sayad, former Shanghai managing partner of Minneapolis-based Fredrikson & Byron, handles cross-border investments in China.

Squire Patton Adds Asia-Focused Partners in Los Angeles

By Tom Brennan |

Kenji Funahashi and Hiroki Suyama are joining from Jones Day and Pillsbury Winthrop Shaw Pittman, respectively.

WongPartnership Opens in Myanmar

By Tom Brennan |

The Singaporean firm has relocated an associate and a Myanmar paralegal to a newly launched office in Yangon.

Clifford Chance on PTTEP's $1 Billion Bond Issue

By Tom Brennan |

The Thai state-run oil and gas company is raising money for further exploration and production activities.

K&L Gates Recruits Energy Partner in Singapore

By Tom Brennan |

John King, who specializes in liquefied natural gas projects, was formerly a Perth-based partner at Clayton Utz.

HWL Ebsworth Adds Brisbane Partner

By Tom Brennan |

Kelly Alcorn has joined the firm’s planning, environment and government practice.

Jun He Hires Hong Kong Partner

By Anna Zhang |

Esther Leung was most recently a partner at DLA Piper.

Asia Deal Digest: June 19, 2014

By Anna Zhang |

* Clifford Chance and Herbert Smith Freehills on Shell's $5.7 billion divestment from Woodside
* Allen & Gledhill advising Alibaba on a proposed investment in Singapore's postal service
* Jones Day guides a touchscreen chipmaker on a $598 million acquisition of a Japanese competitor

Bingham Adds Beijing Partner

By Anna Zhang |

Frederick Chang was one of the co-founders of 30-lawyer Chinese law firm FenXun Partners.

Ashurst Adds Sydney Infrastructure Partner

By Anna Zhang |

Angus Foley, currently a partner with Clayton Utz, will move to Ashurst next month.

Hogan Lovells Brings Aboard Litigator in Singapore

By Anna Zhang |

Shaun Langhorne will join the firm as a partner in August from Herbert Smith Freehills, where he is a senior associate.

Winston & Strawn Adds Taipei Partner

By Anna Zhang |

Horng-Dar Lin is coming aboard from Sovereign Law Office, a Taipei-based firm he founded last year. He was also previously vice president responsible for intellectual property at contract electronics maker Foxconn Technology Group.

Clifford Chance on $5.7 Billion Shell Divestment

By Tom Brennan |

The Anglo-Dutch oil giant is selling most of its interest in Australian oil and gas company Woodside Petroleum.

Withers Adds Hong Kong Partner

By Tom Brennan |

Matthew Egerton-Warburton is joining the British private client boutique from King & Wood Mallesons, where he was a counsel.

Skadden, Davis Polk on $1 Billion Sinopec Bond Issue

By Anna Zhang |

The two firms also previously teamed on a $5 billion debt offering by Sinopec in April.

Gilbert + Tobin on TPG-led Aussie Acquisition

By Tom Brennan |

A consortium led by the U.S. private equity giant is buying the property services unit of Australian engineering company UGL for $1.1 billion.

Clifford Chance Advises China Mobile on Thai Investment

By Tom Brennan |

Chinese state-owned company is paying $881 million for an 18 percent stake in True, the mobile carrier controlled by Thai conglomerate Charoen Pokphand Group.