Addleshaw Goddard announces plans to increase Hong Kong capability
Addleshaw Goddard has announced plans to increase its capability in Hong Kong through a formal association with a newly established local firm that will be led by Nigel Francis, currently head of litigation and employment at Minter Ellison, and Brett Stewien, a corporate partner who joins from DLA Piper.
Francis and Stewien have practiced in Hong Kong for more than 25 years and 14 years respectively.
The association is subject to regulatory approval, and follows clearance in May from the Law Society of Hong Kong for Addleshaw Goddard to add Hong Kong to its network of overseas offices in Dubai, Oman, Qatar and Singapore.
Francis is qualified in Hong Kong and England and Wales, and has been involved in major disputes cases involving court proceedings, arbitration, mediation and regulatory tribunals, and across a range of specialist areas, including breach of contract and warranty claims, breaches of confidence and restrictive covenants, joint venture and shareholder disputes, infringements of all forms of intellectual property rights and commercial crime and fraud.
He is a member of the Rules Committee of the High Court of Hong Kong and the Hong Kong Law Society Civil Litigation Committee.
Stewien is qualified in Hong Kong, England and Wales and Victoria, Australia. He specialises in cross-border M&A, investment and other corporate transactions, and has experience leading transactions across Asia, including Mainland China, Indonesia, Vietnam, Thailand, the Philippines and Malaysia.
Stewien has led a number of award-winning corporate transactions in the region. He has a particular focus on helping international companies in the life sciences, mining, energy, manufacturing and retail sectors in relation to their M&A activity.
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The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.