What we say about the firm's legal practice in China
Banking and finance
Within Beijing, Haiwen & Partners is a first tier firm,
Haiwen & Partners provides advice on syndicated loan transactions, purchases and sales of non-performing loans, issuance of letters of credit, the creation, perfection and enforcement of security interests, structuring and developing new financial products, and general regulatory and compliance matters. The practice advised the lenders, led by Bank of China, in connection with a loan to APP. Additional highlights included acting for JPMorgan Real Estate Fund in connection with a $60m loan to L’Sea Holdings. Citibank is a client.
Capital markets
Within Beijing, Haiwen & Partners is a first tier firm,
Haiwen & Partners advises international and domestic investment banking firms, as well as acting for high-profile Chinese issuers in overseas and domestic securities offering transactions, including IPOs, follow-on equity offerings, and the issuance of debt securities. Highlights included acting as Chinese legal counsel for the first few domestic Chinese A share offerings, the first H share offering and listing on the Hong Kong Stock Exchange by a Chinese issuer, the first ADR offering by a Chinese issuer, and the first RMB-denominated Panda Bond offering by international financial development institutions. Leading individual He Fei is ‘good to have on your side’.
Within Shanghai Leading individuals: local firms
Corporate & M&A
Within Beijing, Haiwen & Partners is a first tier firm,
Haiwen & Partners’ ‘technically brilliant lawyers’ are involved in large scale, complex, domestic and cross-border M&A transactions, including acquisitions of material assets, mergers, stock purchases, restructurings and joint ventures. The client base includes purchasers, sellers, lenders and financial advisors, and the firm has built a well recognised general corporate governance practice. Highlights included advising China-based Zhejiang Geely Holding Group Company on the PRC law aspects to its $1.8bn acquisition of Ford Motor Company’s Sweden-based manufacturer Volvo Cars. In 2010, the practice also advised China Mobile in connection with its acquisition of 20% interests in Shanghai Pudong Development Bank; acted for CITIC Capital in connection with its acquisition of 35.79% interests in Jilin Grain Group; and advised China Huaneng Group in connection with its acquisition of 50% interests in InterGen. The team also acted for Huaneng Power International in connection with its acquisition of Shandong Luneng Group’s power, port and coal assets, and represented Sinopec in connection with its acquisition of 55% interests in Sonangol Sinopec International. Extensive capabilities in dispute resolution, securities, corporate and banking, antitrust, employment, tax, intellectual property, real estate and environmental law complement the M&A group. He Fei is widely respected for ‘being committed to the task’.
Within Shanghai Leading individuals: local firms
Dispute resolution
Within Beijing, Haiwen & Partners is a third tier firm,
Haiwen & Partners assists clients in disputes relating to international trade, foreign direct investment, finance, construction and IP. Jie Tao is qualified in China and New York making him well-placed to advise on international arbitration matters and cross-border disputes. The team has an impressive international client list and has acted for COFCO, Deutsche Bank, FedEx, Honeywell, IBM, Oracle, Procter & Gamble, and Yahoo!.
Intellectual property
Within Beijing Other recommended firms
Legal market overview
Within Legal market overview,
Mainland China’s domestic firms lag behind their foreign counterparts for international practice standards, but local firms dominate the domestic market, and are increasingly seen in cross-border matters. Jun He Law Offices, King & Wood, Zhong Lun Law Firm and Haiwen & Partners are among China’s top domestic firms.
Tax
Within Beijing, Haiwen & Partners is a third tier firm,
Haiwen & Partners’ tax practice focuses on tax-related issues in corporate and M&A matters, and includes advice to leading domestic and international private equity funds on complex transactions. Fei He is the key contact.