Firm Profile > Latham & Watkins LLP > Hong Kong, Hong Kong

Latham & Watkins LLP
18TH FLOOR, ONE EXCHANGE SQUARE
8 CONNAUGHT PLACE
CENTRAL HONG KONG
Hong Kong

Capital markets (equity) Tier 1

Latham & Watkins LLP advises issuers and managers on the Hong Kong, US and English law issues associated with a full range of equity products and debt and equity-linked products. The team works closely with the banking practice to provide a full service to clients. It generates work from issuers in sectors such as financial institutions, education, technology, healthcare, retail, manufacturing and public utilities. It is also a top choice among many underwriters. Group head Cathy Yeung has over 20 years of capital markets experience. Other recommended individuals include Dominik Sklenar and Daying Zhang - who were both recently promoted to partner - and Allen Wang and Terris Tang.

Practice head(s):

Cathy Yeung

Other key lawyers:

Dominik Sklenar; Daying Zhang; Allen Wang; Terris Tang; Amy Beckingham; Benjamin Su; Zheng Wang

Testimonials

‘The team is responsive to clients’ requests’.

‘Benjamin Su has good technical skill and can remain calm amid deadlines and pressures from professional parties’.

‘A reliable team for advice on US securities law’.

‘Very professional, highly focused on achieving client outcomes and a good knowledge of laws and regulations’.

‘Terris Tang is excellent to work with, very calm, pragmatic and consistent’.

‘Terris Tang is attentive to clients’ requests and provides satisfactory solutions’.

‘Mandy Wong has delivered very impressive work, and her technical skill is reliable beyond doubt’.

Key clients

China Risun Group

Citigroup Global Markets, Inc.

Deutsche Bank Securities, Inc.

ESR Cayman Limited

Foshan Water Environmental Co. Ltd

Goldman Sachs (Asia) LLC

J.P. Morgan Securities LLC

Merrill Lynch

Morgan Stanley

Shenwan Hongyuan Securities (H.K.) Limited

Sinovac Biotech Ltd.

ICBC International

ABC International

CLSA

Warburg Pincus

Banking and finance Tier 2

Latham & Watkins LLP advises lenders and borrowers on leveraged and acquisition finance transactions across Asia. The expertise of its team includes syndicated lending transactions, leveraged finance and leveraged recapitalisation transactions, and structured note and private placement transactions. Clients include banks, financial advisers, private equity firms, hedge funds, borrowers, sponsors, syndicates and government institutions. Gary Hamp is adept at handling inbound and outbound cross-border transactions. Hong Kong practice head Howard Lam is recommended for his expertise in China-related finance transactions. Manas Chandrashekar made partner.

Practice head(s):

Howard Lam

Other key lawyers:

Key clients

Tianqi Lithium Australia Investments 1 Pty Ltd

JPMorgan Chase Bank

Helipad SG Holdings Pte. Ltd. (an entity controlled by TPG Capital Asia)

Lodgis Hospitality Holdings Pte. Ltd.

Vailog Hong Kong DC17 Limited

Warburg Pincus

E. Sun Commercial Bank

BNP Paribas

HSBC

Citibank

Morgan Stanley

Partners Group

TPG

Goldman Sachs

Platinum Equity

Carlyle Asia

Barings Private Equity

Barings Asset Management Limited

Capital markets (debt) Tier 2

Clients turn to Latham & Watkins LLP in particularly complex debt capital markets transactions, with it being able to offer Hong Kong, US and English law expertise. The group covers investment grade debt offerings, high-yield debt offerings and equity-linked offerings (including convertible and exchangeable bonds). It also advises on private placements, medium-term note programmes, SEC-registered deals, exchange offers and regulatory issues. The practice takes a multidisciplinary approach, with capital markets experts working closely with the banking and finance and M&A teams. Clients include underwriters, placement agents and issuers. Tracy Edmonson, who relocated to Hong Kong from the London office, co-heads the group with Ji Liu.

Practice head(s):

Tracy Edmonson; Ji Liu

Other key lawyers:

James Burnett; Cathy Yeung; Allen Wang; Terris Tang; Benjamin Su; Daying Zhang 

Key clients

Beijing Environment Sanitation Engineering Group Co., Ltd.

Deutsche Bank

Dongfeng Motor Group Co., Ltd

Guangzhou Finance Holdings Group Co. Ltd.

Guangzhou Industrial Investment Fund Management Co., Ltd.

Guotai Junan Securities (Hong Kong) Limited

Haitong International Securities Company Limited

ICBC International Holdings Limited

Kunming Iron & Steel Holding Co., Ltd.

UBS Securities LLC

Zhejiang Provincial Energy Group Company Ltd.

Zhoushan City Investment Group Corporation Limited

Corporate (including M&A) Tier 2

Latham & Watkins LLP’s Hong Kong team is a core part of a wider Greater China group, which assists clients with both high-profile China-related transactions and cross-border matters elsewhere in the Asia-Pacific region. The firm offers extensive support on matters critical to large deals, such as antitrust, CFIUS, corporate risk and data privacy. Recent work has included assisting China-based clients with making a number of outbound acquisitions in the US, France and Switzerland. Complementing its strengths in the M&A sphere, the firm also attracts a notable portfolio of high-end private equity work. Simon Cooke's deal experience includes matters connected with the technology, food and beverage, telecommunications and healthcare sectors. Cathy YeungFrank Sun and David Blumental are among other names to note. Counsel Richard Watkins joined from Cleary Gottlieb Steen & Hamilton.

Practice head(s):

Simon Cooke

Other key lawyers:

Richard Watkins; Cathy Yeung; Frank Sun; David Blumental; Amy Beckingham; Terris Tang 

Key clients

The Coca-Cola Company

HKBN

Baring Private Equity Asia

CITIC Capital

Partners Group

TPG

Warburg Pincus

Charoen Pokphand Foods

Goertek (Hong Kong) Co., Ltd.

Providence Enterprise Limited

Vip.com

China Life

Qihoo 360

China Jinmao China Merchants Capital

Sanyuan

O.R.G. Packaging

Sino-Ocean

Cathay Fortune Corporation

China Traditional Chinese Medicine Holdings Co.

Hytera

GNC

Sinocare

Lippo Group

BGI Group

Go-Jek

Vistra

Nord Anglia

LinkNet

Vinhomes Joint Stock Company

Trax

Lodgis

MAP active

Dispute resolution: international arbitration Tier 2

Ing Loong Yang leads the team at Latham & Watkins LLP, which has been kept busy handling cross-border shareholder and investment disputes. In January 2019 Simon Powell left the firm to become an independent practitioner.

Practice head(s):

Ing Loong Yang

Key clients

Glory Empire Global

Shenzhen Yihua Computer

Pegatron Corporation

Lansha Information Technology (Shanghai)

Private equity Tier 2

Although it is newer to the Hong Kong market than many other firms in the latest ranking, Latham & Watkins LLP has rapidly been able to replicate the firm's US and Europe-based private equity credentials by virtue of some astute strategic hires and the ability to leverage strong relationships with core existing firmwide clients. With expertise on the corporate, finance and regulatory fronts, and benefiting from lawyers with Hong Kong, UK and US qualifications, the team is able to provide a one-stop-shop service to sponsors throughout their lifecycle and is praised for its ability 'to combine local knowledge and an appreciation of cultural sensitivities with a true understanding of cross-border issues'. Team head Simon Cooke has a strong reputation among Asian and international sponsors on their investments and exits in the region; he recently advised Carlyle Group on the disposal of its Korean portfolio company ADT Caps to a consortium led by SK Telecom and Macquarie’s Korean Opportunities Fund, in what was one of Korea’s largest private equity exits to date. Native Mandarin speaker Frank Sun excels in advising private equity clients on complex in-bound and out-bound China deals.

Practice head(s):

Simon Cooke

Other key lawyers:

Amy Beckingham; Frank Sun; Zhonghua Shi

Key clients

Vinhomes Joint Stock Company

The Carlyle Group

TPG Capital

CITIC Capital Partners

Tencent Holdings

Warburg Pincus Asia

Baring Private Equity Asia

Partners Group

MBK Partners

Nexus Point

CDH Investments

Platinum Equity

ICG

Boyu

Primavera

Orix Asia

Gojek

Nord Anglia

Projects and energy Tier 2

The team at Latham & Watkins LLP has been advising on high-value natural resources and energy acquisitions, investments and joint ventures within the LNG, oil and gas, and wind power sectors, among others. Practice head David Blumental is the name to note.

Practice head(s):

David Blumental

Key clients

Shanghai Zhenhua Heavy Industries

Indian Oil Corporation

Bharat PetroResources

Harbin Electric Company

Restructuring and insolvency Tier 2

With lawyers based in Hong Kong who are able to provide domestic, UK and US law advice and also able to leverage the firm's impressive international footprint, Latham & Watkins LLP provides a 'very strong service' to a balanced mix of debtor and creditor stakeholders on many of the region's highest-profile matters. Generating 'excellent traction on the bondholder front', as well as the firm's recent work for perpetual bondholders in the Noble Group restructuring, the team is also advising the ad-hoc committee of noteholders in connection with the default of senior notes issued by China-based coal mining company, Hidili Industry International Development. US-qualified restructuring partner Josef Athanas excels at guiding Greater China stakeholders through their most complex cross-border mandates, including as it relates to Chapter 11 and Chapter 15 proceedings. Howard Lam is also recommended and provides a compelling offering to clients as a result if his fluid finance practice which includes expertise on the front end of deals, as well as in distressed scenarios.

Practice head(s):

Josef Athanas and Howard Lam

Key clients

Certain perpetual bondholders of Noble Group

Deloitte

Rolta India

China Shanshui Cement Group

PWC

Huachen Energy

Structured finance and securitisation Tier 2

Led by Posit LaohaphanLatham & Watkins LLP is 'very well regarded' by financial institutions in their role as underwriters on complex capital markets and derivatives transactions. Laohaphan is particularly noted for his ability to structure innovative and highly bespoke mandates, including his recent work for the underwriters in relation to China Shipbuilding Industry Corporation’s issuance of $1bn zero-coupon exchangeable bonds linked to Postal Bank of China's stock. This mandate was particularly noteworthy by dint of its unique structuring, which relied on an orphan special purpose vehicle issuer to achieve off-balance-sheet treatment for the bonds while ensuring that bondholders are protected from the credit risks of the SPV issue. In addition to the firm's equity-linked derivatives expertise, the team also has has a  particular niche in relation to margin lending.

Practice head(s):

Posit Laohaphan

Other key lawyers:

Derek Chua; Raymond Cheng

Testimonials

The best firm to engage on equity corporate derivatives over US listed Chinese names.

The team is very responsive, knowledgeable and provides the best advice of the street on security backed lending transactions.

Posit Laohaphan is very commercial and knowledgeable on US listed Chinese names. I consider him and his team being the best on the street on share-backed financing over US names.

Key clients

BNP Paribas

CLSA Limited

Shandong Ruyi Technology Group

Credit Suisse (USA) LLC

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

Goldman Sachs (Asia) LLC

Merrill Lynch, Pierce, Fenner & Smith Incorporated

Citigroup Global Markets Inc.

Deutsche Bank Securities Inc.

UBS Securities LLC

WR Securities, LLC

Citicorp International Limited

Credit Suisse (Hong Kong) Limited

Dispute resolution: litigation Tier 4

Catherine Palmer heads up the team at Latham & Watkins LLP. Recent instructions for the group include shareholders and directors' disputes, fraud, contentious insolvency matters, and commercial litigation. Catherine McBride is noted for her expertise in regulatory disputes. In 2019 Simon Powell left to set up an independent practice.

Practice head(s):

Catherine Palmer

Other key lawyers:

Key clients

PwC

China Life Insurance (Overseas) Company Limited

Regulatory Tier 4

Catherine McBride and counsel Simon Hawkins head up the practice at Latham & Watkins LLP. The team counts fintech as a core strength, and has been advising clients from the financial services sector on regulatory issues concerning developments in the field of blockchain and cryptocurrencies.

Practice head(s):

Catherine McBride; Simon Hawkins

Testimonials

Simon Hawkins is practical, sharp, and quick, and his work is thorough and high-level‘.

Key clients

Xiaomi

Blockstack

Philippines > Foreign firms Tier 1

Latham & Watkins LLP excels in project finance and is often instructed in major energy and infrastructure projects taking place in the Philippines. Recently, this included representing Meralco PowerGen Corp as lead sponsor in the project financing for the development of the 1,200MW coal-fired power project in Atimonan, Quezon. The team - which is spread across Singapore, Hong Kong and Tokyo - also has strong capital markets and corporate and M&A practices, and acts for a diverse client base. In a major highlight, Michael Yoshii, Benjamin Carale and Stephen McWilliams advised San Miguel Corporation and its subsidiary SMC Global Power Holdings on the acquisition of Singapore-based power generation company Masin-AES; the sale included two 315MW Masinloc coal-fired power plants, a 335MW Masinloc power turbine coal-fired power plant under construction and a 10MW Masinloc energy storage project.

Practice head(s):

Michael Yoshii; Benjamin Carale

Other key lawyers:

Stephen McWilliams; Richard Fleming; Diana Dizon

Key clients

San Miguel Food and Beverage, Inc.

PLDT, Inc.

Security Bank Corporation

San Miguel Corporation

Vista Land & LifescapesInc.

PetronCorporation

Citigroup Global Markets Limited

MUFG Securities EMEA plc

Fullerton Healthcare Corporation Limited

Standard Chartered Bank

Wells Fargo Securities, LLC

Meralco PowerGen Corp.

San Miguel Corporation and SMC Global Power Holdings Corp.

China > Projects and energy: foreign firms Tier 3

Latham & Watkins LLP's integrated model allows the team to draw on expertise and resources across different practice areas, offices and regions, including acquisition and leveraged finance, project development and finance, and environment, land and resources. The practice is actively involved in matters that are driven by China’s One Belt, One Road initiative. Hong Kong-based global co-chair of the firm’s oil and gas industry group, David Blumental, advises Asia-based and international clients on cross-border energy and natural resource transactions.

Practice head(s):

David Blumental

Key clients

Bharat PetroResources

CNOOC

Energy Transfer LP

Guohua Energy Investment Co

Harbin Electric International Co

Indian Oil Corporation

Jindi Union Holding Group Co

NICE Solar Energy

Oil India

Riverstone Holding

Shanghai Zhenhua Heavy Industries Co

Tianqi Lithium Corporation

China > Banking and finance: foreign firms Tier 4

Latham & Watkins LLP acts for both lenders and borrowers in major banking and finance deals, including syndicated lending, complex acquisition financings, leveraged lending and leveraged recapitalisation transactions, as well as structured note and private placement deals. In Hong Kong, Gary Hamp is a former co-chair of the firm's global banking practice and Howard Lam chairs the Hong Kong finance department; Manas Chandrashekar was recently elected partner.

Practice head(s):

Gary Hamp; Howard Lam

Other key lawyers:

Key clients

Tianqi Lithium Australia Investments 1 Pty

JPMorgan Chase Bank

Lodgis Hospitality Holdings Pte

Vailog Hong Kong DC17

Warburg Pincus

E Sun Commercial Bank

BNP Paribas

HSBC

Citibank

TPG

Goldman Sachs

Carlyle Asia

Barings Private Equity

China > Private equity: foreign firms Tier 4

The Asian private equity team at Latham & Watkins LLP is led out of Hong Kong by Simon Cooke who recently advised the Carlyle group on the disposal of its Korean portfolio company, ADT Caps, to a consortium led by SK Telecom of Korea and Macquarie’s Korean Opportunities Fund. Frank Sun recently led the advice on some high-profile buyouts and growth investments. Also notable are Amy Beckingham who specialises in public and private M&A, acting for private equity firms across different industries around the region, and has substantial experience in securities transactions.

Practice head(s):

Simon Cooke

Other key lawyers:

Frank Sun; Amy Beckingham

Testimonials

The team’s professional skills are impeccable‘.

It gives a variety of risk analysis to help clients make correct business decision‘.

The team not only provides excellent legal advice, but also helps with project management and sorting out the main points in the business negotiation‘.

Key clients

Vinhomes Joint Stock Company

The Carlyle Group

TPG Capital (S) Pte Ltd

CITIC Capital Partners Limited

Tencent Holdings Ltd.

Warburg Pincus Asia LLC

Baring Private Equity Asia

Partners Group

MBK Partners

Nexus Point

CDH Investments

Platinum Equity

ICG

Boyu

Primavera

Orix Asia

Gojek

Nord Anglia

China > Regulatory/compliance: foreign firms Tier 4

Latham & Watkins LLP fields a team of lawyers in Hong Kong, Beijing and Shanghai who handle complex, global corporate investigations, compliance and risk assessment matters. Hui Xu is the key mainland China adviser; Hong Kong-based Catherine McBride is a former Deutsche Bank head of litigation and regulatory enforcement for North Asia Pacific; and Catherine Palmer works in both the Hong Kong and New York offices.

Practice head(s):

Catherine Palmer

Other key lawyers:

Key clients

Sinovac Biotech

Nutanix Hong Kong

China Orient Asset Management (International) Holding

United Microelectronics Corporation

The firm: Latham & Watkins is a leading international law firm serving multinational companies, start-ups, investment banks, private equity funds, venture capital firms, sovereign wealth funds, governments and other organisations. The firm’s globally integrated platform spans Asia, Europe, the Middle East and the US, and consists of internationally recognised practices across a wide spectrum of transactional, litigation, corporate and regulatory areas. Latham attorneys offer unrivalled legal resources and strategic commercial thinking to provide clients with innovative solutions to complex commercial matters.

Asia practice: Businesses and investors seeking innovative solutions to their most complex corporate, financial, regulatory and litigation challenges turn to Latham in Asia for strategic thinking and experienced counsel. Latham has extensive experience advising on the international aspects of a broad range of corporate and finance transactions for clients across the region, notably Australia, China, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. With more than 150 lawyers operating from six offices in Asia, Latham provides clients in the region and clients looking to do business in Asia with expert advice under US, English, Hong Kong, Japanese and Singapore law. Latham’s deep roots in the financial and economic markets in the region are further strengthened by the firm’s local language capabilities.

Latham continues to receive awards and acclaim from a number of leading financial and legal publications for landmark and precedent-setting deals.

Areas of practice: The Hong Kong office of Latham & Watkins is one of only a few top-ranked firms able to provide substantive US, Hong Kong and English law advice. The firm’s clients benefit from this combined platform of high-level legal expertise as they develop their business through both inbound and outbound investment activities.

The Hong Kong office offers advice in a broad range of practice areas, including antitrust and competition; banking, leveraged and structured finance; capital markets; data privacy and cyber security; derivatives; energy; entertainment, sports and media; financial regulatory; fintech, foreign direct investment; high-yield; international arbitration; litigation/dispute resolution; mergers and acquisitions; outsourcing; private equity; project development and finance; public company representation; real estate; restructuring, insolvency and workouts; technology transactions and white-collar defence and investigations. Latham’s leading practices have provided the foundation from which the firm has continued to increase its market share in complex, cross-border and precedent-setting deals.

Latham’s Hong Kong team is led by some of Asia’s most experienced transactional and litigation partners. Members of the team draw on more than 25 years of individual experience advising clients doing business in Hong Kong and Mainland China. The team advises US, European, Middle Eastern and Asian financial institutions, companies and investors conducting business throughout Greater China and the rest of Asia, as well as representing Chinese and other Asian companies with their direct investment activities and capital markets transactions overseas, and are fluent in Chinese languages and dialects including Mandarin, Cantonese, Shanghainese, Hakka and Taiwanese.

Department Name Email Telephone
Antitrust and competition
Banking, leveraged finance and structured finance and securitisation
Capital markets
Corporate governance
Data privacy and cyber security
Derivatives
Energy
Entertainment, sports and media
Financial regulatory
Fintech
Foreign direct investment
High yield
International arbitration
Litigation/dispute resolution
Mergers and acquisitions
Outsourcing
Private equity
Project development and finance
Public company representation
Real estate
Restructuring, insolvency and workouts
Securities litigation and professional liability
Technology transactions
White-collar defence and investigations
Photo Name Position Profile
 Allen C. Wang  photo Allen C. Wang
Number of lawyers : more than 2,400
in Asia : 120+
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Cantonese
English
Korean
Mandarin
Shanghainese
Tagalog
Taiwanese
Thai
Vietnamese