CC, Pillsbury, STB lead on EV maker Leapmotor’s $800 mln HK IPO
Clifford Chance, Pillsbury Winthrop Shaw Pittman, Grandway Law Offices, and Han Kun Law Offices have advised Chinese electric vehicle maker Leapmotor on its $800 million IPO in Hong Kong, with Simpson Thacher & Bartlett and Jingtian & Gongcheng advising the joint sponsors.
Paul Hastings, HSF lead on $713 mln IPO of Vanke’s property services arm
Paul Hastings and JunHe have advised Onewo, the property services arm of the developer China Vanke, on its $713 million IPO in Hong Kong, with Herbert Smith Freehills and Commerce & Finance Law Offices advising the joint sponsors.
Best of Both Worlds
If the pandemic has taught us one thing, it is that working life will never be the same. Employees at all levels now show a preference for doing at least some of their work from home, and as a result, law firms have begun introducing hybrid working policies. Leaders say that taking a focused approach is key to balance both productivity needs and employee well-being.
Could the 3AC Collapse Compound Singapore’s Crypto Caution?
The Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) was ordered into liquidation in late June after losing more than $3 billion over 2021 and 2022, making its collapse one of the largest hedge-fund trading losses of all time. The collapse may have shaken Singapore’s burgeoning cryptocurrency sector, but lawyers say that tighter scrutiny of the industry from the city-state’s authorities will ensure its sustainable growth.
A&O, CC lead on Carrefour’s $1.2 bln sale of Taiwan business
Allen & Overy and Chen & Lin Attorneys-at-Law are advising Uni-President Enterprises and President Chain Store Corporation on the acquisition of 60 percent stake in the Taiwan business of Carrefour, which is being represented by Clifford Chance.