The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Cadwalader Wickersham & Taft has scooped a lead role advising on a groundbreaking Chinese investment fund transaction that integrates China more closely with international capital markets.
Cadwalader won the pitch to advise Hua An Fund Management, one of China's largest asset management companies, after being recommended by arranger Lehman Brothers, which was advised by Linklaters.
Under the new Qualified Domestic Institutional Investor regime, Hua An has become the first Chinese asset manager to be allowed to convert renminbi yuan (the currency of mainland China) into foreign currency to be invested overseas.
Cadwalader partner Angus Duncan told The Lawyer: "This is a massively important transaction, which will open up the market and allow investment banks access to a massive potential source for fundraising. We are already in talks with other parties about further transactions in this area."
Linklaters Greater China head Zili Shao said: "This is a significant step for China, as it allows the domestic capital market to become further integrated with the international capital market."