Beijing-headquartered firm Jingtian & Gongcheng has hired Jimmy Chan (Chen Guohao) as a partner in Hong Kong from Magic Circle firm Clifford Chance.
Like all industries, law ﬁrms are susceptible to cyber-attacks. In 2016, the Panama Papers leak shocked the world and brought cybersecurity to the fore. What came to light wasn’t only how politicians and world leaders exploit secretive offshore tax regimes; but also the rather astonishing lack of basic security practices on the part of the law ﬁrm Mossack Fonseca.
Clyde & Co has hired Rosie Ng as a partner in the firm’s global insurance group in Hong Kong from HFW, where she was a consultant.
Skadden, Arps, Slate, Meagher & Flom and Commerce & Finance Law Offices have advised Chinese fintech firm Bairong on its $507 million IPO on the Hong Kong Stock Exchange, with Davis Polk & Wardwell and Tian Yuan Law Firm assisting the joint sponsors and underwriters.
Deacons, Hong Kong’s largest local firm, has hired family law expert Sherlynn Chan as a partner in its litigation and disputes practice from city rival Stevenson, Wong & Co.
Officials and members of Hong Kong’s legal profession have been vexed by a recent Financial Times that reported that international corporations working on deals in Asia – or entering into joint ventures with Chinese and other Asian counterparties – were considering excluding Hong Kong from governing law and arbitration clauses in legal contracts over concerns about the erosion of Hong Kong’s autonomy.
In November last year, China’s Supreme People’s Court and the Hong Kong Government signed the Supplemental Arrangement Concerning the Mutual Enforcement of Arbitral Awards between the Mainland and Hong Kong SAR. The agreement is widely expected to enhance the enforcement process and serve as an expansion of the 2000 Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the HKSAR.
U.S. firm King & Spalding has hired Michael E. Arruda as a senior counsel in Hong Kong from Baker Botts, where he was partner-in-charge of the firm’ Beijing and Hong Kong offices.
Offshore firm Maples and Calder has expanded its global dispute resolution and insolvency practice after hiring Nick Stern and Quentin Cregan as partners in its Hong Kong