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Cleary Gottlieb Steen & Hamilton LLP

BANK OF CHINA TOWER, ONE GARDEN ROAD, HONG KONG
Washington DC, Rome, Paris, New York, Moscow, Milan , and 7 more

What we say about the firm's legal practice in Hong Kong

Capital markets (debt)

Within Capital markets (debt), tier 4

Cleary Gottlieb Steen & Hamilton LLP is also recommended high-yield bond offerings. In February 2011, it advised the underwriters on the RMB1.2bn offering by LDK Solar. Megan Tang led on the deal.

Capital markets (equity)

Within Capital markets (equity),

Cleary Gottlieb Steen & Hamilton LLP is on an upward trajectory with the establishment of a Hong Kong law team, including the arrival of Freeman Chan from Norton Rose Hong Kong. He links up with eminent figure and Asia stalwart Clayton Johnson.

Corporate (including M&A)

Within Corporate (including M&A), tier 4

Having launched a Hong Kong law practice in February 2011 through the hire of Freeman Chan from Norton Rose Hong Kong, Cleary Gottlieb Steen & Hamilton LLP is poised for even greater things. At the same time, senior Frankfurt partner Christof von Dryander relocated to Hong Kong. The newly enhanced team will be seeking to build on such deals as TPG’s landmark investment in CICC, the first foreign private equity investment in a Chinese securities firm.

Legal market overview

Within Legal market overview,

As one of the world’s premier financial centres, and arguably the most active at present, Hong Kong has become a market of intense focus for the international legal profession. While many local and international firms have increased their resources in the special administrative region (SAR), it is US firms that have surprised the market with a sequence of headline lateral hires. Davis Polk & Wardwell LLP, Simpson Thacher & Bartlett LLP, Kirkland & Ellis International LLP, Sullivan & Cromwell LLP, Cleary Gottlieb Steen & Hamilton LLP and Milbank, Tweed, Hadley & McCloy have all hired elite names, principally from the Magic Circle and elite UK-based firms.

Private equity

Within Private equity, Cleary Gottlieb Steen & Hamilton LLP is a third tier firm,

Cleary Gottlieb Steen & Hamilton LLP’s cornerstone client TPG Capital has brought it into a number of major transactions in Asia. It recently acted for TPG in connection with its partnership with the municipal governments of Shanghai and Chongqing, to raise and manage two new RMB-denominated funds.

What we say worldwide

Please choose another Cleary Gottlieb Steen & Hamilton LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

Belgium

Offices in Brussels

China

Offices in Beijing

Germany

Offices in Cologne and Frankfurt

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Indonesia

India

Italy

Offices in Rome and Milan

London

Offices in London

Nigeria

Philippines

Qatar

Russia

Offices in Moscow

South Korea

Taiwan

Tunisia

United States

Offices in New York and Washington DC

Search News and Articles

Legal Developments in Hong Kong

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

  • LIABILITY FOR DIRECTORS OF LISTED COMPANIES – NOT JUST FOR FRAUD

    Article by Timothy Loh and Sherry Xiao
    - Timothy Loh, Solicitors

  • Hedge fund euthanasia?

    Are the Courts sealing the fate of struggling hedge funds too early or should they be given further time to recover and realize their potential for investors? 
    - Harney Westwood & Riegels

  • A Brief introduction to an amendment of the 2008 Patent Law

    New provisions: "Prior Art" refers to an art publicly known within and outside the country before the filing date; while Prior Design refers to a design publicly known within and outside the country before the filing date. Prior Art include arts that are being publicly disclosed in publications worldwide, publicly used or made known to public in the country in any other manner before the filing date (or priority date, in case a priority is claimed)
    - Wenping & Co.

  • BVI Securities and Investment Business Bill 2010 receives its first reading

    The long-awaited Securities and Investment Business Bill, 2010 (commonly referred to as “SIBA”) received its first reading by the BVI House of Assembly on 18 March 2010. This follows public consultation in Summer 2009.
    - Harney Westwood & Riegels

  • Cayman Investment Company Obtains Chapter 15 Protection in the United States

    The United States’ Bankruptcy Court for the District of Delaware has recognised the liquidation of a Cayman company, Saad Investments Finance Company (No5) Limited (“SIFCO5”) (an SPV established to operate as an investment company), as a “foreign main proceeding” under Chapter 15 of the United States’ Bankruptcy Code.
    - Harney Westwood & Riegels

  • BVI to update Intellectual Property laws

    As the British Virgin Islands continues to play a vital role in facilitating global trade and investment, it turns its attention to helping its more than 60,000 new companies per year build a business environment where innovation can be a key economic driver. Towards this end, the BVI Financial Services Commission (the “FSC”), which is the public body with responsibility for, among other things, administering the intellectual property laws of the BVI, announced on 5 January 2010 the establishment of a Focus Group to review and revise the existing IP laws
    - Harney Westwood & Riegels

  • BRITISH VIRGIN ISLANDS CORPORATE ARRANGEMENT SCHEMES

    With a global economic downturn in full swing, companies around the world are looking for ways to safeguard their future existence. The strategies employed to do so are numerous and varied but a number of companies have employed the use of corporate arrangement schemes entered into with their creditors, investors and other stakeholders as a way to refocus and preserve their business.
    - Harney Westwood & Riegels

  • A Primer to Buying Securities Firms, Asset Managers, Insurers and Banks

    The meltdown in global financial markets has triggered a consolidation of the financial services industry as securities firms, asset managers, insurers and banks alike spin-off assets and restructure their operations to shore up capital. These transactions are often global in nature, involving substantial Hong Kong operations. In this article, we review the basic Hong Kong legal and regulatory framework for these transactions and present some lessons learned.
    - Timothy Loh, Solicitors

  • The PCCW Privatization: A Guide to the Applicable Law for Schemes of Arrangement

    Allegations of share splitting in the proposed privatization of PCCW have raised an important question as to how the statutory majority to approve a scheme of arrangement should be determined. This question is significant both in the short-term for investors trading PCCW and in the long-term in the context of future schemes of arrangement. In this article, we  examine the applicable laws and regulations with a view to providing hedge funds and other investors with guidance.
    - Timothy Loh, Solicitors

  • New Proposals to Regulate Mis-Selling of Investment Funds & Structured Products in Hong Kong

    The recent global financial crisis has resulted in an upswing in regulatory action throughout world markets. In Hong Kong, the Securities and Futures Commission (“SFC”) has proposed a slew of new requirements, some of which have already been implemented retroactively and without industry consultation. In this article we examine these ongoing developments in SFC policy and their effectiveness in reaching a fair balance between investor protection and costs to the investor and the financial industry.
    - Timothy Loh, Solicitors
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