19TH FLOOR, YINTAI OFFICE TOWER C, 2 JIANGUOMENWAI AVENUE, CHAOYANG DISTRICT, BEIJING 100022, CHINA
What we say about the firm's legal practice in China
Banking and finance
Within Foreign firms, Paul Hastings LLP is a third tier firm,
As the prominence of restructuring and workout activity continued to accelerate in the real estate finance sector, Paul Hastings LLP LLP played a major role in representing a variety of international banks in key loan workout and restructuring deals. The practice is also very active in project financing. Highlights included advising Standard Chartered Bank in connection with an onshore RMB secured syndicated term loan facility and an offshore US dollar mezzanine loan facility extended to an international real estate fund involving a large residential and retail real estate project. Beijing-based Joel Rothstein and David Blumenfeld in Shanghai are recommended.
Corporate & M&A
Within Foreign firms, Paul Hastings LLP is a third tier firm,
Paul Hastings LLP LLP is ‘highly rated for its quality of delivery and work ethics’. Clients also praise ‘the level of cooperation and support among the firm’s major offices in the key financial hubs in the world’. Key matters included advising Softbank in its acquisition of a 35% stake in Synacast Corporation. In Beijing, David Livdahl and leading individual Roger Peng are recommended; in Shanghai Milton Chou, David Wang and Jia Yan are experienced practitioners.
Employment
Within Foreign firms, Paul Hastings LLP is a first tier firm,
The highly regarded Lesli Ligorner is the driving force behind the full-service employment practice at Paul Hastings LLP LLP, specialising in strategic employment counseling and litigation, with a focus on anti-corruption matters. In 2010, the group experienced an up-tick in international M&A-related work acting for both buyer and seller, and also advised a multinational conglomerate regarding a combined asset and stock acquisition involving employees in ten different countries.
Intellectual property
Within Foreign firms Other recommended firms
Private equity/venture capital
Within Foreign firms, Paul Hastings LLP is a third tier firm,
Paul Hastings LLP LLP’s Beijing-based Roger Peng is ‘a detail-oriented person who manages his team well’. In Shanghai, David Wang, Jia Yan, David Blumenfeld and Milton Chou are experienced practitioners. The team advised Tan-Eu Capital in the closing of Sotan China Real Estate I, shaping a new way of raising capital for real estate investments, and assisted Prax Capital on the first successful formation and closing of an RMB-denominated Chinese real estate investment fund.
Real estate
Within Foreign firms, Paul Hastings LLP is a first tier firm,
Paul Hastings LLP LLP’s practice includes highly respected practitioners Joel Rothstein and David Blumenfeld. While it continues to be a key player in the market, it recently suffered a blow when two key partners, Alex Wang and Mitchell Dudek, defected to SNR Denton. It has been active in capital markets in the real estate sector, advising a number of leading property companies in relation to IPOs, high-yield bonds and convertible bonds and other offerings. Instructions have come from various financial institutions and borrowers in secured real estate finance transactions, many of which were innovative multi-currency syndicated facilities. China-based companies CITIC, Carlyle, Deutsche Bank, Morgan Stanley, Sino Ocean Land and Treasury Capital Trust are all included on the firm’s client roster.