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Zhong Lun has appointed Dechert’s Hong Kong managing partner Basil Hwang as a partner in its Hong Kong associate firm Boughton Peterson Yang Anderson (BPYA).
Hwang was previously the managing partner of US firm Dechert’s Hong Kong office, which he helped launch in 2007 (3 December 2007).
He moved to Dechert for the Hong Kong opening after a one-year stint at Paul Hastings as a partner and before that he was counsel at O’Melveny & Myers.
Hwang’s practice focuses on China private equity, M&A, investment funds and financial services industry. He cited the main reason for his move as that clients operating in Greater China are seeking full scale of support that only a large Chinese firm can offer.
Zhong Lun opened its Hong Kong office in 2010 and a year later it entered into association with 21-lawyer Hong Kong firm BPYA to strengthen its foothold in the market.
The firm has also been on a hiring spree in recent years, recruiting a large number of partners from leading local and international firms. Robert Lewis, former Beijing managing partner of legacy Lovells, Clifford Ng, former partner of K&L Gates’ Hong Kong office, and Carl Cheng, former Shanghai partner of Freshfields Bruckhaus Deringer (19 April 2012), are among the high-profile appointments.
“Basil’s experience with PRC-based clients and in complex cross-border transactions will add to our strength in advising on outbound investments by PRC clients,” said Victor Yang, BPYA’s managing partner.
There has been a growing trend of senior practitioners joining PRC firms from international firms. Most recently, former Edwards Wildman corporate partner Andrew Lui joined Fangda’s Hong Kong office as a partner (3 January 2014). Last November, former Norton Rose Beijing chief Peter Burrow joined Beijing-based firm DaHui as a senior consultant (7 November 2013).