• March 7, 2013 |

    Latham boosts Hong Kong disputes team with senior Sidley hire

    Latham & Watkins has expanded its Hong Kong disputes team with the hire of arbitration partner Ing Loong Yang from Sidley Austin. Yang, previously the co-chair of Sidley's international arbitration practice and an experienced litigator, has joined Latham to work alongside Hong Kong partner Simon Powell and of counsel Eleanor Lam.

    1 minute read

  • March 3, 2013 |

    Simmons gears up for Singapore launch with Norton Rose hire

    Simmons & Simmons has hired a banking and finance partner from Norton Rose in Sydney as it gears up to launch in Singapore. Dan Marjanovic will initially be based in Simmons' Hong Kong office but will move over to Singapore to help launch the firm's office there once it receives regulatory approval, which is expected to come through later this spring.

    1 minute read

  • February 28, 2013 |

    Reed Smith, Sidley Austin and Gibson Dunn post healthy results amid challenging deal market

    A host of elite US law firms have posted their 2012 financials this week, with the vast majority posting broadly positive results despite a choppy global deal market. Reed Smith, Sidley Austin, Paul Hastings, Gibson Dunn & Crutcher, Proskauer Rose and Shearman & Sterling all saw earnings grow last year, with Mayer Brown one of the few firms to post a drop in both revenue and profits per equity partner (PEP).

    1 minute read

  • February 22, 2013 |

    Sidley and Paul Hastings post healthy financials for 2012

    Sidley Austin and Paul Hastings are among the latest US firms to have published their global financial results for 2012. Sidley, which last year placed in the top ten US firms by revenue, saw global revenues increase by nearly 5% to $1.49bn (£940m), while the London office took £53.6m in 2012, an increase of 7% on 2011's total of £50m.

    1 minute read

  • February 19, 2013 |

    Links among just four firms to win Singapore licences after 23 apply

    Linklaters, Gibson Dunn & Crutcher, Jones Day and Sidley Austin have been awarded Qualifying Foreign Law Practice (QFLP) licences in Singapore as the Asian city state takes further steps to liberalise its legal market. The four international firms were among a list of 23 which applied for QFLPs in the period between 1 July to 31 August last year, with other hopefuls including UK outfits Berwin Leighton Paisner, DLA Piper, Ashurst, Olswang, Watson Farley & Williams and Stephenson Harwood, alongside American counterparts K&L Gates and Shearman & Sterling.

    1 minute read

  • February 14, 2013 |

    Nabarro and Eversheds take UK roles on $4bn care home acquisition

    UK pair act as US Health Care REIT purchases Sunrise Senior Living

    1 minute read

  • February 8, 2013 |

    Fifteen Hong Kong lawyers win higher rights to appear in court

    Fifteen lawyers have been granted approval to appear in Hong Kong courts with exemption from litigation training, as the region moves to broaden the scope of work law firms are permitted to handle. Some of Hong Kong's top dispute resolution partners - including top-ranked Skadden disputes partner Paul Mitchard QC and Ashurst senior associate and former barrister Sanjay Sakhrani - are among the line-up receiving Higher Rights of Audience (HRA).

    1 minute read

  • February 7, 2013 |

    MoFo and Sidley act for Chinese developer on HK$4.35bn share placing

    Morrison & Foerster and Sidley Austin have advised Chinese property developer Evergrande Real Estate on a HK$4.35bn (£368m) share placing. The placement saw the company sell one billion Evergrande shares – equivalent to around 6.7% of the company – at HK$4.35 each in a bid to raise funds. Sidley served as US and Hong Kong counsel to Evergrande, fielding a team led by the firm's head of corporate finance Huanting Timothy Li and corporate partner Constance Choy.

    1 minute read

  • February 7, 2013 |

    Freshfields, LG lead on sale of City landmark Woolgate Exchange

    Freshfields Bruckhaus Deringer and Lawrence Graham (LG) have taken lead roles on the £265m sale of landmark City office site Woolgate Exchange (pictured) to a Canadian pension fund. The 351,000 sq ft property, whose tenants include US law firm Sidley Austin, has been sold to a joint venture between Ivanhoe Cambridge - the real estate arm of Canadian fund manager Caisse de depot et placement du Quebec - and US private equity house TPG.

    1 minute read

  • January 31, 2013 |

    K&L Gates set to unveil 8% London turnover hike as City rise continues

    K&L Gates saw London turnover increase by 8% in 2012 after a busy year for the US firm, with City growth coming against static revenues across the firm as a whole. Provisional figures for the firm's London office show revenues rose to £35.6m during the year, up from 2011's total of £33m, despite a slight fall in partner headcount to 60. The results mean the law firm has increased City revenues by almost 20% over the past two years, after seeing a 10% hike in the UK last year.

    1 minute read