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  • October 3, 2013 |

    Cleary moves out of Hong Kong's Central district as faltering deal flow forces firms to downsize

    Cleary Gottlieb Steen & Hamilton has become the first Wall Street law firm to move out of Hong Kong's main business district in Central after signing a lease on a property in neighbouring Causeway Bay. The move comes as growing numbers of overseas firms based in the city's most expensive district have downsized or sublet space.

    1 minute read

  • September 26, 2013 |

    Coalition victory fuels hopes of M&A revival among Australia's hard-pressed law firms

    The election of the conservative Liberal-National Coalition Government in Australia has raised hopes among the country's struggling law firms that the ending of electoral uncertainty and a raft of business-friendly policies will combine to reverse a worrying decline in M&A levels. The 7 September poll and the subsequent swearing in of Prime Minister Tony Abbott following six years of Labour rule has been welcomed by senior business lawyers, who have been fighting to rein in costs because of the impact of slowing economic growth on deal activity. Among the Government's main priorities are plans to scrap a controversial carbon tax on Australia's largest polluters and abolish the Minerals Resource Rent Tax or 'mining tax'. It has also pledged to boost spending on infrastructure and support foreign investment into the country.

    1 minute read

  • September 25, 2013 |

    Dentons heads to Houston as it beefs up oil and gas network

    Dentons is to open its 79th global office in Houston, becoming the latest firm to add a local presence in the home of the US oil and gas industry.

    1 minute read

  • September 25, 2013 |

    Reed Smith eyes growth in Singapore with hire of HSF Indonesia partner

    Reed Smith in Singapore has hired Herbert Smith Freehills energy lawyer Charles Ball as a partner as the firm looks to expand its presence in the city-state a year after opening there. Ball, who joins from the UK firm's Jakarta office, has extensive experience in Indonesia, which is a key market for the firm, with his focus spanning disputes, crisis management and compliance in the energy and natural resources sector.

    1 minute read

  • September 16, 2013 |

    Mishcon, Field Fisher lead as Beeb says bye-bye to Teletubbies

    Mishcon de Reya and Field Fisher Waterhouse advised on the BBC's sale of the international rights for popular childrens' TV shows Teletubbies and In the Night Garden to DHX Media.

    1 minute read

  • September 9, 2013 |

    Reed Smith boosts London trade finance team with Dentons hire

    Reed Smith has hired Dentons partner Jonathan Solomon to its London energy and natural resources group. Solomon - who joined the firm today (9 September) - advises financial institutions, corporates and traders on structured finance, trade and commodity matters in a range of emerging markets, including Indonesia, Ukraine, Mongolia and Brazil.

    1 minute read

  • August 9, 2013 |

    Freshfields, Reed Smith score lead roles as Tesco mulls JV in China

    Freshfields Bruckhaus Deringer and Reed Smith Richards Butler are advising Tesco and China Resources Enterprise (CRE) as the companies look to launch a joint venture for the operation of retail stores in Greater China. CRE has announced it is mulling a tie up with the UK supermarket chain to create a new entity which would be 80% controlled by CRE and 20% by Tesco.

    1 minute read

  • August 6, 2013 |

    Asia Transfer Window: recent moves including CC, White & Case and KWM

    Clifford Chance is to boost its project finance practice in Tokyo with the relocation of its Paris-based project finance partner Ross Howard in September 2013. Howard, who typically advises public sector entities, sponsors and lenders on projects in the energy, natural resources and infrastructure sectors, is expected to add to the Asia finance practice as sources of project finance become more diverse.

    1 minute read

  • August 4, 2013 |

    Eversheds and Reed Smith head up £245m SEGRO business park sale

    Eversheds and Reed Smith both took lead roles as property investment and development company SEGRO sold its IQ Winnersh business park to a joint-venture for £245m. The JV is comprised of assets management firm Oaktree Capital Management and German-headquartered real estate company Patrizia AG, with the purchase of the Reading-based industrial park the JV's fourth acquisition in as many months.

    1 minute read

  • August 4, 2013 |

    The Transfer Window: recent moves including Shearman, CMS and A&O

    Shearman & Sterling has appointed Arnold & Porter white collar partner Claudius Sokenu to its litigation group, in a boost to the firm's anticorruption and securities enforcement practices. Sokenu, who will split his time between London, New York and Washington DC, is a former senior counsel in the Securities Exchange Commission's (SEC) Division of Enforcement. In private practice, he has represented clients in Foreign Corrupt Practices Act investigations, and compliance matters before the SEC, the US Department of Justice and the UK Serious Fraud Office.

    1 minute read