HK, China settlement
On 18 January 2019, Hong Kong and China signed the Arrangement on Reciprocal Recognition and Enforcement of Judgments in Civil and t pulCommercial Matters between the Courts of the Mainland and of the Hong Kong SAR.
This is an critical development for parties negotiating dispute decision mechanisms and thinking about the desire of courtroom provisions. The association applies to civil judgments and covers each monetary and non-financial comfort. Judgment creditors will no longer need to commence clean complaints inside the implementing jurisdiction. The association will take effect on a date to be introduced.
Dechert boosts HK litigation
Dechert has lately added to its international litigation group with the lease of Maria Sit as an accomplice in its Hong Kong office. She is experienced in advising on regulatory investigations and enforcement in addition to complicated civil litigation and arbitration, and previously served as an in-residence recommend on the Securities and Futures Commission of Hong Kong.
“Maria may be a key addition to our international disputes practice allowing us to satisfy growing purchaser demand for disputes offerings throughout Asia,” said Dechert’s Hong Kong workplace head David Cho. “Her experience across complex litigation, arbitration in addition to government enforcement and investigations complements the firm’s offering inside the area,”
Take-non-public offer to Kang
Maples and Calder (Hong Kong) is performing as Cayman Islands counsel to a buyer consortium constructed from Yunfeng Fund III, LP, Yunfeng Fund III Parallel Fund, LP, Taobao China Holding and Boyu Capital Fund III, LP, in reference to the take-private provide made to iKang Healthcare Group, a Cayman Islands agency listed on NASDAQ.
Kang is certainly one of the most important providers in China’s non-public preventive healthcare space. The Maples crew turned into led by using companions Greg Knowles and Richard Spooner and assisted by way of accomplice Karen Zhang Pallaras. Davis Polk & Wardwell acted as the business enterprise’s US recommend and Simpson Thacher & Bartlett acted as US suggest to the special committee, while Wilson Sonsini Goodrich & Rosati acted as US counsel for the client consortium.
M&A exercise gains expert
Shearman & Sterling announce that Karl Pires joined the company as an M&A partner primarily based in its Tokyo office. Pires’ exercise specializes in representing Japanese companies on strategic acquisitions and growing enterprise ventures out of doors Japan. A 20-12 months veteran of cross-border M&A, Karl has widespread revel in advising Japanese clients in the strength, strength, commercial, car and technology sectors.
Tanner takes on representative
Tanner De Witt announced the appointment of Kevin Bowers as a consultant within the company’s litigation and dispute resolution practice.
Bowers has practiced as an industrial disputes lawyer and associate with 3 leading independent Hong Kong regulation corporations inside the past twenty years. He specializes in business, coverage and employment litigation and dispute decision each in Hong Kong and internationally.
Simmons boosts DR practice
Simmons & Simmons announced that Eric Chan rejoined the company as a consultant.
Chan brings over 10 years of experience in dispute decision, that specializes in advising and representing customers on complex and excessive-profile disputes in Asia together with Hong Kong and mainland China. Prior to rejoining the company, he labored for Addleshaw Goddard and Freshfields Bruckhaus Deringer.
Baker in the sale to Blackstone
Baker McKenzie advises Taubman Centres, an S&P MidCap four hundred Real Estate Investment Trust on its sale of 50% of its pursuits in three buying centers in Asia to Blackstone Group. Taubman will stay the partner chargeable for the joint management of the three centers located in Hanam (South Korea), Xi’an and Zhengzhou (China). The transaction is worth US$480 million.
The Baker McKenzie transactional team turned into led by Jason Ng, companion, and co-chair of the firm’s Global Investment Funds Group based inside the Hong Kong office. He became supported via May Lau, Sean Yeo, Da Wang, Andrew Choi and Brian Chu in Hong Kong, Addison Braendel (companion) and Braden Stevenson in Chicago, and Alexander Gong (companion at Baker McKenzie FenXun (FTZ) joint operation office in Shanghai).
DLA grabs Lee for company
DLA Piper has appointed Philip Lee as an associate in its Corporate practice, based totally in Singapore. Lee joins the firm from Herbert Smith Freehills, in which he has been an associate due to the fact that 2012.
He specializes in debt capital markets paintings and has enjoyed advising on complicated securities transactions, especially related to dependent finance and popular securities. He additionally has reveled in syndicated and secured bank lending with a unique emphasis on dependent finance, task finance, and acquisition finance.
Twice as nice at Lewis Silkin
Lewis Silkin introduced the enlargement of its exercise in Hong Kong with two hires, even as the firm also heralded becoming the professional Hong Kong member of worldwide employment law community Ius Laboris. Lewis Silkin Hong Kong released in 2015 and, following its conversion to a Hong Kong partnership with effect from 15 January 2019, the company have become one in all the biggest employment, immigration and incentives experts in the vicinity.
The new exercise may be led through employment accomplice and head of Lewis Silkin Hong Kong, Kathryn Weaver, in conjunction with fellow accomplice Andrew Wanambwa, who specializes in dispute resolution. The exercise becomes strengthened with the aid of the hires of Catherine Leung and Kenneth Leung. Catherine Leung has enjoyed in each contentious and non-contentious employment regulation. Kenneth Leung is cited as the main lawyer on tax and trusts.