The long read: What future for Hong Kong’s legal market?
For decades, Hong Kong has been at the centre of Western law firms’ strategies, with its long history as one of the world’s key financial centres. However, times have changed since the first firms set foot in the region.
The University of Law (ULaw) has handed control of its new Hong Kong campus to one of the legal education world’s most well-known figures. Peter Crisp, who served as dean of BPP from 2003 to 2017 before becoming pro vice chancellor external at ULaw, will take on the role of dean at the new campus, […]
A deputy judge in Hong Kong’s Court of First Instance has slammed K&L Gates’s request for documents as “vague”, “inconsistent” and “convoluted” in an ongoing fraud dispute involving a former partner. A judgment dated 29 March shows that the US firm requested a number of documents, including some protected by confidentiality agreements, in a bid […]
Slaughter and May has landed the lead corporate role for the Hong Kong stock exchange as it puts forward a £32bn bid to purchase the LSE Group, The Lawyer understands. Hong Kong Exchanges and Clearing (HKEX), one of the world’s most active boards for IPOs and listings, has offered to buy the London Stock Exchange (LSE) in […]
Cooley is in the process of expanding its Asia presence, with the firm hiring a Skadden Arps Slate Meagher & Flom partner to spearhead its planned Hong Kong launch. Cooley has hired Skadden partner Will Cai in Hong Kong. Cai was made up at Skadden in 2014 and has a focus on China-related capital markets […]
A judge who claims she was “bullied, ignored and undermined” by her peers has won a landmark case in the Supreme Court, which ruled she should be classed as a worker and granted the same legal protections as whistleblowers. After a range of cost-cutting reforms were announced by the Ministry of Justice in 2010, District […]
Ashurst has set up a new accelerator programme for up to 30 fintech companies, following similar efforts made by firms such as Allen & Overy, Slaughter and May and Addleshaw Goddard. The firm has launched FinTech Legal Labs, which will be run in its new London headquarters in the Fruit & Wool Exchange. It is […]
Hogan Lovells has been successful in an appeal for its client PrivatBank, allowing the firm to pursue the lawsuit in London against oligarchs represented by Fieldfisher, Pinsent Masons and Enyo. The Ukrainian bank challenged a High Court judgment, which ruled the case does not have jurisdiction in London and that a worldwide freezing order on […]
Latham & Watkins has advised special effects company DNEG on its anticipated IPO on the London Stock Exchange. DNEG hopes to raise £150m in new shares to fund company growth and reduce its net debt through the listing. The visual effects entity published its registration document today, which was approved by the FCA. The team […]
The co-heads of Allen & Overy’s leveraged finance practice in New York have left the magic circle for Shearman & Sterling. Alan Rockwell and Michael Chernick, who cover all areas of leveraged finance, including M&A and private equity LBO financings, are to make the move from A&O. Rockwell started his career at the Scottish firm […]