The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Stephenson Harwood

18/F, UNITED CENTRE, 95 QUEENSWAY, HONG KONG
Tel:
Work +852 2868 0789
Fax:
Fax +852 2868 1504
Email:
Web:
www.shlegal.com
Beijing, Dubai, Hong Kong, London, Paris, Piraeus and 4 more

Paul Westover

Tel:
Work 852 2533 2755
Email:
Stephenson Harwood

Work Department

Corporate

Position

Partner

Career

An experienced expert in all areas of corporate/commercial work with a particular focus on mergers and acquisitions, specifically cross-border, related due diligence, private equity and inward investment into Asia. Paul also advises clients on corporate governance at a domestic and international level. He heads the corporate group in Hong Kong. 

Paul has extensive experience of acquisitions and disposals across the Asia region and his broad expertise and sensible approach is appreciated by clients, particularly in structuring transactions and on matters of corporate policy.

He also specialises in advising on complex commercial agreements in a range of industries, including manufacturing, supply chain, technology, sports and entertainment. Other areas where Paul has solid experience is in fund formation, principally advising managers or general partners and in joint ventures, restructuring and general insolvency advice to corporates and directors.

As part of his corporate practice, he is frequently called upon to advise on related employment matters, including preparing employment agreements, advising on share options and other employee incentive schemes.

Languages

English


Hong Kong

Corporate (including M&A)

Within: Corporate (including M&A)

Stephenson Harwood ramped up its Greater China corporate offering in April 2018 by hiring 11 fee-earners from Troutman Sanders LLP, which has closed its operations in the region. Although most of the practitioners increased Stephenson Harwood's headcount in Beijing, one of the individuals to move across was Allen Shyu, whose practice is split between Beijing and Hong Kong. In addition to advising clients on Hong Kong and US capital markets transactions, Shyu also provides assistance with M&A, as well as venture capital and private equity transactions. Paul Westover, who heads the Hong Kong corporate group, has a wealth of experience in handling deals across Asia in sectors such as technology, manufacturing, sports and entertainment. In a notable matter in the insurance industry, Westover and senior associate Andrew Carpenter were among the advisers to US-headquartered healthcare benefits provider Aetna International on its acquisition of the Hong Kong-based Canadian Insurance Company; this deal means the client is now licensed to provide health insurance in Hong Kong. Also notable is that Jane Ng and associate Sherman Wong acted for TNG (Global) on an investment in the company by PRC private equity fund New Margin Capital as part of a $115m Series A financing round. Ivy Wong recently made partner.

[back to top]

Labour and employment

Within: Labour and employment

In addition to handling a considerable amount of day-to-day employment advisory work for small and medium-sized enterprises, Stephenson Harwood has a strong reputation for handling contentious matters for international corporates, particularly relating to theft of confidential information and trade secrets. Jezamine Fewins is the principal partner for handling employment litigation and is representing Thomson Reuters Hong Kong in the defence of an unlawful dismissal claim, alleging disability discrimination, brought by a former employee. Although he is principally involved in corporate matters, Paul Westover regularly handles employment-related work, including advising on share options and other employee incentive schemes. Consultant Yeeling Wan also regularly handles employment litigation. Other clients include Duff & Phelps, Formia Airline Supplies, Generali Assicurazioni and Generali Worldwide.

[back to top]

Hong Kong: Capital markets

Capital markets (equity)

Within: Capital markets (equity)

Stephenson Harwood has been an active player in the Greater China capital markets arena since the 1970s, and it significantly strengthened its offering recently by hiring a team of 11 fee-earners from Troutman Sanders LLP to its Beijing office. Allen Shyu, who led the group in the move across, divides time between his new firm's Beijing and Hong Kong offices, and handles Hong Kong and US capital markets transactions and regulatory issues. Paul Westover heads the practice, which covers a full spectrum of matters, including IPOs, secondary listings, dual listings and spin-off transactions. In a recent highlight, Anthony Chan and others acted as Hong Kong legal advisers to Zioncom Holdings on its GEM Board listing. In addition, Voon Keat Lai and Ivan Tan were part of a cross-office team that advised AIQ on its listing and admission on the Standard segment of the Main Market of the London Stock Exchange. Recently promoted partner Ivy Wong is also recommended.

[back to top]


Back to index

Legal Developments by:
Stephenson Harwood

  • Companies should plan now to minimise their pension protection levy

    The amount that pension schemes have to pay to the Pension Protection Fund (PPF) for the year 2006/07 may have increased by as much as five times the previous year's levy. Employers who ultimately bear the cost of many pension schemes will need to make plans now to ensure the levy payable for the year 2008/09 is kept to a minimum.
    - Stephenson Harwood

Legal Developments in Hong Kong

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to