Steven Hsu, a former counsel at Freshfields Bruckhaus Deringer, has joined Sidley Austin as a partner in the firm’s China corporate and finance group in Hong Kong.
Hsu focuses on equity capital market transactions, including rights issuances and other secondary offerings, alongside corporate governance and regulatory compliance matters.
Following Hsu’s hire, Sidley Austin has 18 partners in its Hong Kong office.
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Indian law firm Cyril Amarchand Mangaldas has advised Vodafone Idea on its 180-billion-rupee ($2.15 billion) further public offering (FPO). The issuance is the largest successful Indian FPO and the third-largest offering of public equity shares in India.
Chicago-headquartered Sidley Austin will close its office in Shanghai, making it the most recent law firm to scale back its operations in China.
There has been a continued rise in prominence of the role of chief diversity officers in law firms globally as the legal industry has gradually taken stock of the need to pursue DEI goals. Apart from creating a forward-looking workplace, cultural awareness also adds value to the firm’s calibre in the eyes of clients. ALB hears from diversity leaders on how empowering inclusion can make a law firm stronger.