The 2014 ALB Client Choice Top 20 is now open to in-house counsel and business professionals to nominate their favourite private practice lawyers in China.
Research for the ALB 2014 Top 50 Largest Law Firms Rankings is now underway.
Sinopec Corp will sell a 107.1 billion yuan ($17.5 billion) stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top oil refiner said in a statement.
In the latest sign of the consolidation hitting the U.S. legal industry, two of the United States' 100 largest law firms have drawn up plans to merge.
O’Melveny & Myers has hired disputes and resolution partner Denis Brock from King & Wood Mallesons in Hong Kong.
|STB guides Alibaba on its landmark $21.8 bln IPOSimpson 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 AsiaAlso, 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 IPODavis 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 bribesChina 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 mergeLeaders 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 blnAlibaba 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|
|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 upChina’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 plightThe 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|
|ALB M&A Review: 1H 2014 deals surge on optimistic outlook 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...|
|Practical Law China’s 2014 Governing Law survey 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...|
|Employer of Choice 2014 - China's best employers 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.|