Jones Day takes on Orrick’s former Asia chief

Orrick’s former Asia managing partner and China office leader Michelle Taylor has joined Jones Day’s Hong Kong office.

Taylor, formerly with Orrick’s Hong Kong office, focuses her practice on structured finance, real estate finance, debt capital markets and general banking and securitisation. She has 20 years of experience in these fields and has led some of the landmark securitisations in China, Japan and Korea in recent years.

A recent deal highlight is her lead role on advising Korea Development Bank as credit facility provider in Korean Airlines’ $300m securitisation of USA passenger ticket receivables, through a complex structure.

She started her legal career with Clifford Chance in London in 1994 and moved to Sidley Austin’s Hong Kong office as of counsel in 1997. Prior to joining Orrick as a partner in December 2006, she practised at Paul Hastings’ Hong Kong office as a partner for over three years (23 November 2006).

Banking and finance associate Kevin Tsang has also joined Jones Day’s Hong Kong office from Orrick.

Orrick Beijing-based IP partner Wang Xiang has taken up the Asia managing partner role following Taylor’s departure.

Orrick has seen a large number of partners leaving its Hong Kong and China offices since 2012. Noticeable moves include capital markets William Woo who joined Freshfields Bruckhaus Deringer (14 January 2013), senior partner for China Christopher Stephens who became general counsel at the Asian Development Bank (27 November 2012), and Beijing-based partners Allen Shyu and Thomas Man, who joined Troutman Sanders and Morrison & Foerster respectively.

According to the firm’s website, it currently has 13 partners and 48 other fee earners in Beijing, Shanghai and Hong Kong.

Jones Day’s Hong Kong office will also be boosted by a couple of internal relocations from its Beijing office, including European antitrust partner Sébastien Evrard (31 May 2013).

Jones Day and Orrick are ranked as the 10th and 23rd largest international firms in Asia Pacific by The Lawyer Asia Pacific 150.

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