Sidley Austin, the renowned international law firm, is leading China Evergrande Group in a US bankruptcy filing. China Evergrande, one of the world’s largest and most indebted real estate developers, has experienced a financial mishap that has sent shockwaves through global markets. By filing for bankruptcy in the United States, Evergrande aims to leverage the…
Law firm Latham & Watkins, which established its Shanghai outfit nearly 20 years ago, is set to wind down operations in the city. Currently, ten lawyers are stationed in Shanghai under the leadership of corporate partner Rowland Cheng. Reports indicate that these legal professionals have been offered the chance to transfer to the firm’s Beijing…
Dentons’ much-discussed split with Dacheng, once lauded as groundbreaking, has been claimed as reaction to dynamic Chinese regulations. As previously reported, this break-up marks a pivotal narrative in legal circles, instigating discussions that extend beyond the confines of the firms involved. Subsequent analysis, completed just hours following the initial news, centered on consequential impacts for…
Kirkland & Ellis, an established law firm, has accomplished its first principal mandate for well-known British defense organization, BAE Systems. The law firm counseled BAE Systems on its procurement of the space technology division owned by Ball Corporation. The acquisition is valued at $5.55 billion and stands as one of the most substantial British acquisitions…
Legal professionals globally may find the recent developments at global law firm, Dentons, intriguing. Recently, the leaders at Dentons have elected Nicholas Howon Park as the new global board chair. Park, who previously headed the firm’s South Korea region, will fill a vacancy left by the outgoing chair, Xuefeng Peng, who previously led a Beijing-based…
In an exciting update from the legal arena, experienced trade lawyer Carlos Véjar, who formerly functioned as the general counsel for international trade at the Mexican Economy Ministry, has reportedly made a significant career switch. Originally at Holland & Knight, Véjar has now moved his allegiance and expertise to White & Case in Mexico. This…
Generative AI is stirring excitement and potentials within the legal sector, although its impact in sparking a wave of fresh business startups, particularly in Canada, appears to be lacking. In view of several Canadian legal tech firms, the ubiquity and affordability of generative AI leaves scant room for novel enterprises to establish viable products. Read…
Artificial intelligence continues to permeate the legal sphere with ever-increasing speed and sophistication. Several innovative AI products have been making waves in UK law firms, with a focus on “Generative AI”– technology capable of producing new content based on initial data input. Harvey and ChatGPT are among the generative AI technologies that are gaining significant…
UK law firm Stephenson Harwood’s greater China associated firm, Wei Tu Law Firm, has announced the recent hire of partner Joanna Jiang, further bolstering its private wealth and corporate practice. Formerly a partner at Beijing-based Zhong Lun Law Firm, Jiang brings her extensive expertise in the area of private wealth management, including cross-border structures and…
Spanish legal powerhouse, Cuatrecasas, is expanding its reach with changes to its corporate practice in Palma. The Barcelona-based partner, Sergio Aguera Amat, will now take on additional responsibilities alongside his existing role. This decision comes less than a year after Aguera Amat joined the firm, demonstrating the significant trust and confidence the firm has in…
Jonathan “Jay” Solomon, a former Wall Street Journal reporter turned editor at Semafor, has dismissed all charges against global law firm Dechert and two of its former partners. Solomon had been entrenched in a 10-month battle in D.C. federal court, alleging that Dechert’s partners coordinated with Indian hackers to access emails between himself and a…
In a span of only a few weeks in late July and early August, well-known law firms Dentons and Clyde & Co found themselves accused by the Solicitors Regulation Authority of allegedly breaching money laundering regulations. The SRA’s anti-money laundering crackdown is increasingly making headlines due to the size of the targeted firms and the…
Italian firm BonelliErede is looking to extend its presence in the London market by bringing on new partners to its team. Notably, this move aligns with a broader trend in the Slaughter and May network, as other firms, such as Cravath, have also targeted expansion in the UK. However, detailed coverage of this development is…
Leading law firms Gibson, Dunn & Crutcher, Kirkland & Ellis, and Weil, Gotshal & Manges, alongside King & Wood Mallesons, Maples and Calder, Conyers Dill & Pearman, and Haiwen & Partners, are offering legal advice on Bain Capital’s $3.16 billion deal to turn Chindata Group Holdings into a privately-held company. As the primary investor in…
Fieldfisher’s Spanish office has recently welcomed two experienced partners to their team. Eduardo Gómez de Enterría, previously the head of Dentons’ employment practice, has joined Fieldfisher as the head of employment. Victor Casarrubios, who led Jones Day’s real estate practice in Spain since 2007, has also joined the firm. These strategic hires underline Fieldfisher’s objective…
Four leading law firms, Reed Smith, Addleshaw Goddard, Osborne Clarke, and Ashurst have announced their interest in the generative artificial intelligence Chat-GPT style platform, Harvey, a technology originally developed by Allen & Overy. The platform, which is endorsed by the OpenAI Startup Fund, employs GPT-4 technology to put together large language models (LLMs) for legal…
Mishcon de Reya has announced the addition of Liz Hunter, a non-lawyer partner and expert in incentives, to its London incentives practice. Hunter joins the firm after nearly five years with the international accountancy firm KPMG, where she served as director of equity reward and tax. With experience at several international accountancy firms, including Mazars,…
In a recent move, DLA Piper has hired renewables partner, Luke Westmore from PwC, marking the second legal heavyweight exiting PwC this month. Reports confirm that Westmore will be part of DLA Piper’s projects and infrastructure team in Sydney. With a commendable track record of 15 years in the industry, Westmore specializes in large-scale renewable…