Skadden Arps Slate Meagher & Flom's head of Asia has returned to New York
Jon Pedersen moved to the Hong Kong office when it opened in 1989 and became senior partner for Asia in 1998. Since then he has split his time between fee-earning and managing Skadden's operations in both Hong Kong and Singapore. Pedersen moved back to Skadden's New York headquarters prior to his planned departure for Linklaters. He had intended to join the magic circle firm in London, but as revealed by The Lawyer, he has now opted to remain at Skadden for family reasons (11 February). Pedersen's practice focuses on M&A and corporate finance work. He advised on the largest corporate transaction in the Philippines when First Pacific bought a $700m (A$1.334bn/£492m) interest in New York Stock Exchange (NYSE)-listed Philippine Long Distance Telephone. He also handled a $400m (A$763m/£281m) public offering by Gulf Indonesia Resources. He will continue to commute between New York, Hong Kong and Singapore until a new head of Asia is chosen.