Breaking News

STB guides Alibaba on its landmark $21.8 bln IPO
Simpson Thacher & Bartlett has advised Alibaba Group Holdings on its IPO on the New York Stock Exchange, which raised a whopping $21.8 billion. Full Article
Asia Appointments: DLA loses 2 key partners in Asia
Also, shipping expert rejoins Norton Rose Fulbright in Hong Kong, Akin Gump snaps up 22 Bingham partners including two in Hong Kong, and much more in our weekly Asia appointments roundup. Full Article
Davis Polk, Skadden, KWM steer CAR’s $467 mln HK IPO
Davis Polk & Wardwell, Skadden, Arps, Slate, Meagher & Flom, King & Wood Mallesons and Han Kun Law Offices scored leading roles on CAR Inc’s IPO on the Hong Kong Stock exchange. Full Article
China hands GSK record $489 mln fine for paying bribes
China fined GlaxoSmithKline Plc a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker. Full Article
Bingham McCutchen and Morgan Lewis agree to merge
Leaders of two of the United States' largest law firms, Boston-based Bingham McCutchen and Philadelphia's Morgan, Lewis & Bockius, have agreed to merge, according to three people familiar with the matter. Full Article
Alibaba IPO prices at top of range, raising $21.8 bln
Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese e-commerce juggernaut. Full Article

Features

The evolution of offshore
Offshore law firms are changing with the times, evolving to meet the needs of global businesses and the flow of capital that is both easier but also much more regulated. And although they still differentiate themselves from their onshore peers,... Full Article
Competition heats up
China’s crackdown on price-fixing and its increasing regulatory clout over international mergers and acquisitions is creating a hot new commodity in its legal industry: antitrust lawyers. Kanishk Verghese reports, with additional input from Denny Thomas of Reuters. Full Article
Opportunities from plight
The Yangtze River Delta (YRD) has recently been seeing increasing defaults and bad loans, which have further increased the credit risk for the region, especially for medium- and small-sized enterprises. Chen Dujuan talks to lawyers and in-house counsel of local... Full Article
New option
New arbitration rules, tailored for the newly launched Shanghai FTZ and consistent with international standards, have taken effect since May this year. Although it will be some time before Shanghai can develop itself in a holistic manner, experts believe the... Full Article

Special Reports

ALB M&A Review: 1H 2014 deals surge on optimistic outlook
By ALB | 24 Jul 14
This detailed report, the first in a series of Asia-Pacific M&A Reviews, provides companies with the insight and analysis to support their strategic investment decisions. Click the Buy Now button below to purchase the report at the special launch price...
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Practical Law China’s 2014 Governing Law survey
By Practical Law China | 13 Jun 14
Chinese and foreign companies are increasingly seeking the help of external counsel to understand what governing law is standard for the different cross-border deals they are involved in. Practical Law China’s 2014 governing law survey gives them a clearer picture...
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Employer of Choice 2014 - China's best employers
By ALB | 01 Jun 14
ALB’s annual survey of the best law firms to work for in China has ranked employers on the basis of job satisfaction, remuneration, work-life balance, career prospects, mentorship, job security and other aspects.
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