• November 13, 2013 |

    Cleary and Paul Hastings tuck in to Chinese meat producer IPO

    Paul Hastings and Cleary Gottlieb Steen & Hamilton are understood to have been appointed as lead advisers on the IPO of Chinese meat processing company Shuanghui International, estimated to be worth up to $6bn (£3.75bn). The planned listing would be the biggest in Hong Kong in four years, providing a welcome boost to the local IPO market, which has seen a dearth of high-value flotations since the middle of 2012. It follows Shuanghui's takeover of the world's largest pork producer – Virginia-based Smithfield Foods – earlier this year. That deal, valued at $7.1bn (£4.7bn), marked the largest ever acquisition of a US company by a Chinese business.

    1 minute read

  • November 13, 2013 |

    CC and Latham advise on Hong Kong IPO of China's Huishang Bank

    Clifford Chance has acted opposite Latham & Watkins on the $1.2bn Hong Kong IPO of China's Huishang Bank, as a string of Chinese lenders begin to list in the city. The IPO is the third by a Chinese bank in the last month, following that of Huirong Financial, which raised $106m on the exchange, and Bank of Chongqing, which raised $546m.

    1 minute read

  • November 12, 2013 |

    The rise of cyber crime and its impact on law firms

    In this video, Stroz Friedberg executive managing director Seth Berman talks to Legal Week publisher John Malpas discuss cyber hacking and specific threats facing law firms...

    1 minute read

  • November 11, 2013 |

    Davis Polk's City office makes fourth English law lateral with Ashurst hire

    Davis Polk & Wardwell has launched an English law finance practice in London with the appointment of Ashurst finance partner Nick Benham, who becomes the firm's tenth full time partner based in London.

    1 minute read

  • November 7, 2013 |

    Rise of the regulators – why hiring government enforcement specialists makes sense

    The trend among banks such as Barclays and HSBC for recruiting GCs from the ranks of American government and enforcement specialists makes perfect sense given the global clout of US enforcement agencies, says Alex Newman...

    1 minute read

  • November 6, 2013 |

    Bracewell nabs CC construction partner as UK expansion continues

    Bracewell & Giuliani has continued its UK hiring spree with the capture of Clifford Chance (CC) energy construction partner Tracy London. The hire of London takes the number of new partners to join the US firm's London office this year to eight.

    1 minute read

  • October 30, 2013 |

    Skadden and O'Melveny act on rare US IPO for 'China's Craigslist'

    Skadden Arps Slate Meagher & Flom and O'Melveny & Myers are advising on the US initial public offering (IPO) of China's version of Craigslist, 58.com. The online marketplace – which lists jobs, housing and used goods – is hoping to raise up to $165m (£102m) with the sale of 11 million shares each priced $13-$15 (£8-£9.30) on the New York Stock Exchange.

    1 minute read

  • October 24, 2013 |

    Skadden and Latham cash in on casino bond issue

    Skadden Arps Slate Meagher & Flom has acted opposite Latham & Watkins to advise on casino company Wynn Macau's $600m (£371m) bond issuance. Wynn Macau, a subsidiary of casino developer Wynn Resorts, issued the eight-year bonds at 5.25% interest to US investors in the hope of boosting liquidity as it seeks to raise its profile. The Skadden team advised Wynn on US and Hong Kong law, led by Hong Kong corporate partners Alan Schiffman and Alec Tracy with assistance from lawyers in Washington DC, Sydney and New York. Maples and Calder advised Wynn on Cayman Islands law.

    1 minute read

  • October 21, 2013 |

    Ashurst, Freshfields, CC grab roles on Merlin Entertainments' £4bn flotation

    Ashurst, Freshfields Bruckhaus Deringer, Clifford Chance and Simpson Thacher & Bartlett have landed roles on the £4bn IPO of Merlin Entertainments Group. Merlin – which owns Madame Tussauds, Alton Towers and the Legoland theme parks - is controlled by Danish investment company Kirkbi and private equity houses CVC and Blackstone. Merlin's investors will sell some of their stakes but remain shareholders.

    1 minute read

  • October 16, 2013 |

    Watson Farley sizes up Dubai for first Middle East opening

    Watson Farley & Williams is considering opening in Dubai in what would be its first venture into the Middle East. A Dubai launch could come in the next 12 months after the firm began taking advice on legal and regulatory matters related to entering the market.

    1 minute read