Addleshaw Goddard appoints third partner in its associated Hong Kong law firm
Addleshaw Goddard is increasing its capability in Hong Kong following the appointment of a third partner in its associated local law firm. Daniel Wan specialises in equity capital markets work and has an active M&A and general corporate practice. He previously worked at Jun He Law Offices and Herbert Smith Freehills.
In the last month, Stewien & Co, Addleshaw Goddard’s associated Hong Kong law firm, changed its name to Francis & Co, following the arrival of Nigel Francis, the former head of litigation and employment at Minter Ellison.
The team has also re-located to new premises on the eighth floor of the Citibank Tower in Hong Kong’s business district.
Hong Kong-qualified Wan specialises in corporate finance, IPOs, pre-IPO investments and restructurings and well as post-IPO regulatory and compliance matters and secondary equity fundraisings.
His experience also includes takeovers, joint ventures, restructurings and direct investments in Hong Kong and mainland China. His clients include investment banks, investment funds and private and listed companies.
Wan brings with him two associates — Simon Wong and Yen Yum — and the trio will combine with fellow corporate partner Brett Stewien, who specialises in cross-border M&A, investment and other corporate transactions and has experience leading assignments across Asia, including mainland China, Hong Kong, Indonesia, Vietnam, Thailand, the Philippines and Malaysia.
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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.