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  • September 16, 2013 |

    Kirkland & Ellis opens third base in Asia with Beijing launch

    Kirkland & Ellis has opened an office in Beijing, giving the firm its third base in Asia. The Chicago-based outfit, whose focus in Asia has been predominantly on M&A, private equity and capital markets work, has fielded corporate partner David Zhang, who has 20 years' experience in China, and Chuan Li, who is currently chief representative of its Shanghai office, to lead the base.

    1 minute read

  • September 12, 2013 |

    Boardroom battlefield – winning the right to re-elect directors in company boards

    Corporate governance practices continue to evolve in the US, with increased focus on board and director-related practices. In today's challenging environment – marked by public distrust of corporate management and board 'insiders' and increased shareholder activism – the US corporate governance environment is a battleground. Over the past decade, traditional proxy advisory groups – such as Glass Lewis and International Shareholder Services (ISS) – and several corporate reform groups have gained significant influence over many corporate issuers and institutional investors with respect to corporate governance practices.

    1 minute read

  • September 11, 2013 |

    Hong Kong opens second round of higher rights of audience applications

    The Hong Kong Law Society is this month accepting the second round of applications from solicitors for higher rights of audience (HRA) following new legislation introduced last year allowing non-barristers to appear in court. Solicitors from local and international law firms have been given one month from 1 September to apply for advocacy rights, with most required to undergo a litigation training programme overseen by the College of Law.

    1 minute read

  • September 5, 2013 |

    Skadden closes Vienna office as sole partner leaves for CMS

    Skadden Arps Slate Meagher & Flom has closed its Vienna base, with the departure of office managing partner Rainer Wachter to CMS Reich-Rohrwig Hainz. Skadden said the decision was made following a strategic review which found that the firm could continue to provide advice on Austrian matters from other European bases.

    1 minute read

  • September 4, 2013 |

    DLA Piper's Hong Kong insurance head to leave private practice

    The head of DLA Piper's insurance practice in Hong Kong is leaving the firm to pursue opportunities in legal consulting. Will Harrison, who joined DLA in 2007 as a senior associate from Clifford Chance in Hong Kong, is highly rated for contentious insurance work in the region.

    1 minute read

  • September 3, 2013 |

    Skadden and Simpson Thacher on call for £4.6bn Nokia sale to Microsoft

    Skadden Arps Slate Meagher & Flom and Simpson Thacher have taken the lead roles on Microsoft's €5.44bn (£4.6bn) acquisition of Nokia's mobile phone business. The deal, through which Nokia will also license its patents to Microsoft, is expected to close in early 2014 and will see the transfer of around 32,000 Nokia staff to Microsoft.

    1 minute read

  • August 27, 2013 |

    Skadden, K&L Gates lead as Baidu takes stake in group-buying site

    Skadden Arps Slate Meagher & Flom and K&L Gates were lead advisors as Chinese social networking company Renren agreed to sell shares of its Groupon-like subsidiary Nuomi Holdings to Chinese internet search giant Baidu. The deal, which remains subject to approval, will see Baidu take a 59% equity interest in Nuomi for a purchase price of $160m, giving it a bigger share of China's fast-growing group-buying market.

    1 minute read

  • August 20, 2013 |

    Gibson Dunn recruits Skadden litigation partner in London

    Gibson Dunn & Crutcher has made a rare partner hire in London with the appointment of Skadden Arps Meagher & Flom litigation and arbitration lawyer Penny Madden. An English-qualified solicitor who was promoted to the Skadden partnership in 2012, Madden has a practice focus on telecoms, international trade and insurance disputes.

    1 minute read

  • August 19, 2013 |

    Linklaters partner questioned by police in hacking investigation

    Linklaters litigation partner John Turnbull has been interviewed under police caution on behalf of Rupert Murdoch's News UK, it has emerged, amid further revelations in the ongoing investigation into the hacking scandal. News UK - which rebranded from its former identity of News International last month - is being investigated by Scotland Yard as a "corporate suspect" over hacking and bribery offences, according to a report in The Independent.

    1 minute read

  • August 13, 2013 |

    Skadden and Canada's Torys advise as BlackBerry considers sale

    Skadden Arps Slate Meagher & Flom and Canadian firm Torys are advising smartphone maker BlackBerry as it kicks off a strategic review that could result in the sale of the company. The Canadian telecoms giant has announced that it is forming a committee to consider options for a new business model, with options in the table including a sale, as well as joint ventures, strategic partnerships or alliances.

    1 minute read