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  • May 17, 2013 |

    Eversheds recruits ex-Dewey partner from Morgan Lewis in Beijing launch double hire

    Eversheds has recruited Morgan Lewis energy partner Ingrid Zhu-Clark to head up its new Beijing office ahead of its formal opening next week (20 May). Ex-Dewey & LeBoeuf partner Zhu-Clark, who moved to Morgan Lewis following the collapse of the US firm last year, will be joined at the new Beijing base by Uria Menendez special counsel Jay Ze.

    1 minute read

  • May 15, 2013 |

    Raft of US firms score roles on AsiaInfo-Linkage take private

    A raft of US law firms have acted on the take private of AsiaInfo-Linkage, the latest Chinese company to de-list from a US bourse through a management buyout. The Chinese telecom software provider this week said it had accepted an offer to be acquired by a private investor consortium led by CITIC Capital Partners and AsiaInfo-Linkage co-founder Edward Tian, which values the company at $890m and would see it removed from Nasdaq.

    1 minute read

  • May 7, 2013 |

    Sidley Austin bulks up in Singapore with Morgan Lewis & Bockius partner

    Sidley Austin has taken further steps to ramp up its Singapore practice this week with the hire of Morgan Lewis Bockius M&A partner Gregory Salathé. The US firm was one of the four international outfits granted a Qualifying Foreign Law Practice (QFLP) licence in the Asian city-state in February this year, allowing it to advise on local law.

    1 minute read

  • May 2, 2013 |

    DLA partner promotions fall 40% as firm makes up two London lawyers

    DLA Piper has made up 34 new partners across its offices around the world - including two London lawyers - marking a fall of more than 40% on the total of 58 promoted at the firm last year. A total of four new partners have been made up in the UK, down from 12 last year, with this year's quartet including City duo Lee McGuirk (intellectual property) and Julie Romer (finance) along with Kirsty Allerton (finance) in Leeds and Rob McKie (corporate) in Sheffield.

    1 minute read

  • April 18, 2013 |

    The way to Westminster – making the transition from law to politics

    Law and politics may be a potent mix, but it is surprising just how many lawyers have successfully made the transition to elected representative. According to research by strategic communications consultancy the Madano Partnership, 12% of the elected new MPs at the 2010 general election have a legal background. Jonathan Reynolds, Labour MP for Stalybridge and Hyde, was formerly a corporate lawyer at Addleshaw Goddard in Manchester. He believes there are a lot of "natural synergies" between the two professions. "Lawyers are skilled at absorbing large quantities of data and they can get to the crux of the argument very quickly," he says. "They also know how to critically analyse complex data and documents. All these skills are required of MPs."

    1 minute read

  • April 16, 2013 |

    CC and A&O among international quartet on key Hong Kong IPO double

    Clifford Chance (CC) and Allen & Overy (A&O) have landed lead roles on two key Hong Kong initial public offerings (IPOs), working opposite US outfits Davis Polk & Wardwell and Kirkland & Ellis respectively. The planned listings of state-owned brokerage China Galaxy Securities Co and Sinopec Engineering (Group) Co, a wholly owned subsidiary of Asia's biggest oil refiner, Beijing-based Sinopec Group, are said to be the biggest IPOs in Hong Kong so far this year.

    1 minute read

  • April 14, 2013 |

    DLA and MoFo act on Sinopharm's Hong Kong share sale

    DLA Piper and Morrison & Foerster have scored lead roles on the HK$4bn (£335m) sale of new shares by China's biggest drug distributor Sinopharm. The deal marks the second H share placement for Sinopharm since its $1.1bn (£714m) IPO in 2009, with 165.7 million shares being sold to between six and 10 non-retail investors at HK$24.60 (£2.06) each.

    1 minute read

  • March 25, 2013 |

    The Transfer Window: recent moves including SNR, Gateley, K&L Gates

    Harbottle & Lewis has recruited top-rated defamation and reputation management partner John Kelly from Schillings, in an eye-catching hire for the City firm. Kelly has acted for a raft of high-profile clients including disgraced cyclist Lance Armstrong and former England manager Steve McClaren, as well as other celebrities including Steve Coogan, Madonna, Nicole Kidman, Angelina Jolie and Matt Lucas.

    1 minute read

  • March 24, 2013 |

    Reed Smith, Ashurst and Olswang advise on BBC's Lonely Planet sale

    Reed Smith, Ashurst and Olswang are among a number of firms to have taken roles on BBC Worldwide's £51.5m sale of travel publisher Lonely Planet. US media company NC2 Media will acquire the Melbourne-headquartered company at the end of the financial year (31 March), paying £41.2m on completion and £10.3m in one year's time.

    1 minute read

  • March 21, 2013 |

    UK duo lead as RBS gives up control of Direct Line

    Allen & Overy (A&O) and Slaughter and May have led on a deal that has seen the Royal Bank of Scotland (RBS) give up control of UK insurer Direct Line with a £507m share sale. RBS, which sold a 34.72% share in Direct Line when it listed on the London Stock Exchange last year, has now sold a further 15.3%, reducing its stake in the insurer to just below 50%. A&O City corporate partner David Broadley advised RBS on the sale, while Slaughters corporate partner Andy Ryde provided counsel to Direct Line. Linklaters corporate partner Dan Schuster-Woldan and managing associate James Wootton represented the banks.

    1 minute read