Weil, Gotshal & Manges LLP > Hong Kong, Hong Kong > Firm Profile

Weil, Gotshal & Manges LLP
29TH FLOOR, ALEXANDRA HOUSE
18 CHATER ROAD, CENTRAL
HONG KONG
Hong Kong

Hong Kong > Private equity Tier 1

The team at Weil, Gotshal & Manges LLP displays deep experience across the full spectrum of private equity matters, including international and regional investments, distressed M&A, and spin-offs. The team advises a number of family offices, and both international and Asia-based sovereign wealth and pension funds on auctions, exits, and PIPEs. Tim Gardner leads the team, primarily acting for financial sponsors and private equity firms in IPOs and cross-border deals. Chris Welty is noted for his vast experience in take private transactions involving public North American companies. Welty also frequently handles numerous leveraged and managed buyouts for a range of strategic corporate clients. ‘Great mind‘ Sandy Lin advises a range of private equity sponsors and sovereign wealth funds on restructuring issues and minority investments. Counsel Jie Yuan is noted for her expertise in LBOs and growth equity investments.

Practice head(s):

Tim Gardner

Other key lawyers:

Testimonials

‘Weil, Gotshal & Manges LLP has excellent business capabilities in the private equity field and can provide very professional advice. They can provide us with valuable legal opinions and suggestions in a timely and efficient manner, and they are a professional team we trust very much.’

‘Tim Gardner and Sandy Lin are our regular partners. These two are very professional in this field, have business sense, and actively protect and correct the rights and interests of clients.’

‘Sandy Lin is very down to the earth, could walk in the shoes of her clients.’

‘Tim Gardner is a very active and dedicated lawyer, and Sandy Lin is a great mind who can provide to-the-point and useful solutions to complicated situations.’

‘Working with Weil, Gotshal & Manges LLP has been a remarkable experience from start to finish. In every single interaction, their team was responsive and thoughtful, from associates through to partners, and they consistently went above and beyond to deliver a complex project across multiple time zones and jurisdictions.’

‘Everyone I interacted with at Weil, Gotshal & Manges LLP demonstrated unparalleled levels of professionalism, preparedness, and clarity of communication. Of all the professional services I’ve engaged with while running international organisations, these attributes made this engagement by far the most seamless and enjoyable.’

‘The team led by Sandy Lin was most knowledgeable, professional, and efficient. Highly impressed with the quality of their work, and the thoughts that went into crafting framework and contracts.’

‘Sandy Lin, most knowledgeable, and sharpest legal mind we’ve encountered in this part of the world.’

Key clients

Alibaba Group

BPEA EQT (formerly known as Baring Private Equity Asia)

CBC Group (formerly C-Bridge Capital)

Citigroup Asia

FountainVest Partners

Gores Guggenheim Inc.

Hillhouse Capital

Lazada Group

Co-founder and CEO of 51job, Inc.

MBK Partners

Ontario Teachers’ Pension Plan Board

PAG

Primavera Capital

Public Sector Pension Investment Board

TPG Capital Asia

TPG Growth

Work highlights

  • Represented of Baring Private Equity Asia in the sale of HCP Packaging to Carlyle.
  • Represented the co-founder and CEO of 51job, Inc. in the $4.3 bn take-private of 51job, Inc. by a buyer consortium, consisting of the client, Recruit Holdings, DCP Capital Partners and Ocean Link Partners.
  • Represented the Alibaba Group and its portfolio company, Lazada, in a minority investment by Lazada to enable deeper alignment and closer collaboration between Lazada and TNG Digital through various joint initiatives.

Hong Kong > Corporate (including M&A) Tier 2

Praised for their ‘wealth of experience', the team at Weil, Gotshal & Manges LLP has broad experience in distressed M&A, spin-offs, and takeovers. Tim Gardner leads the team and is known for his deep knowledge of share repurchases, SPAC business combinations, and equity fundraisings. Sandy Lin utilises her ‘expertise and impressive track record' to advise sovereign wealth funds and Chinese financial sponsors on transactions across the TMT, manufacturing, and insurance sectors. Dual qualified in Hong Kong and the UK, Henry Ong is well-placed to advise financial sponsors and international investors on co-investments and corporate governance issues. Chris Welty has extensive expertise in public-to-private, and both leveraged and managed buyout transactions.

Practice head(s):

Tim Gardner

Other key lawyers:

Testimonials

‘Weil, Gotshal & Manges LLP is our trusted adviser in the field of M&A. They have assisted us in dealing with many acquisitions. The teams work together and mobilize resources. They are efficient and excellent.’

‘Tim Gardner and Sandy Lin have extensive experience in the field of M&A, can provide high-quality legal services, and provide solutions which were considered in multiple dimensions.’

‘Working with Weil, Gotshal & Manges LLP has been a remarkable experience from start to finish. In every single interaction, their team was responsive and thoughtful.’

‘They consistently go above and beyond to deliver complex projects across multiple time zones and jurisdictions.’

‘The two things value most about the team at Weil, Gotshal & Manges LLP are the wealth of experience represented on the team, and the deep bench of global expertise at the firm that they drew on to bring excellence to every aspect of the project.’

‘Everyone I interacted with at Weil, Gotshal & Manges LLP demonstrated unparalleled levels of professionalism, preparedness, and clarity of communication. Of all the professional services I’ve engaged with while running international organisations, these attributes made this engagement by far the most seamless and enjoyable.’

‘Sandy Lin stands out for her depth of international experience, effectiveness, and her talent in assembling and mobilising a brilliant and effective team. It’s rare to find partners like Sandy whose values are as clearly evident as her expertise and impressive track record.’

‘Their practice specialism is in acquisitions.’

Key clients

Alibaba Group

Audit and Risk Committee of Melco Resorts & Entertainment Limited

BPEA EQT (formerly Baring Private Equity Asia)

Citigroup Asia

CK Assets

Gores Guggenheim Inc.

Hillhouse Capital

Lazada Group

Co-founder and CEO of 51job, Inc.

MBK Partners

MGM Resorts

Work highlights

  • Represented MGM Resorts on its US$625 m capitalization of HK-listed MGM China’s subsidiary, MGM Grand Paradise, including structuring and shareholders’ arrangements with the significant shareholder and local Macau managing director, in connection with application and grant of the new concession.
  • Represented the Audit and Risk Committee of Melco Resorts & Entertainment Limited in substantial share repurchases by MRE from its controlling shareholder.
  • Represented Alibaba Group and its portfolio company, Lazada in a minority investment by Lazada, in Touch ’n Go, to enable deeper alignment and closer collaboration between Lazada and TNG Digital through various joint initiatives.

Hong Kong > Restructuring and insolvency Tier 3

Weil, Gotshal & Manges LLP has a dedicated restructuring practice that is renowned for its proficiency across both debtor and creditor-side mandates. Regularly advising credit funds, creditor committees, bondholders, asset investors, and insolvency practitioners, among others, the practice exhibits prowess in both contentious and non-contentious dimensions of insolvency matters. Leveraging the strengths of its comprehensive US restructuring expertise, the team adeptly navigates chapter 11 and chapter 15 intricacies within a multi-jurisdictional context. Illustratively, the practice has notably represented various bondholders in the context of China property development restructuring. Spearheading this accomplished team is Kathleen Aka, a seasoned authority proficient in guiding clients through the complex contours of restructurings spanning an array of industries, from banking and financial services to the retail and property sectors. Supporting Aka is associate Tara Hamilton, who lends her expertise to a spectrum of stakeholders embroiled in distressed scenarios. Hamilton’s advisory scope encompasses a broad spectrum of mandates, spanning informal restructuring of distressed entities, formal in-court insolvencies, and subsequent recovery processes. Recently promoted to counsel, Graham Price has expertise in acting for a range of global and Asia-based clients on sophisticated financings and specialised special situations loans.

Practice head(s):

Kathleen Aka

Other key lawyers:

Testimonials

‘Weil’s restructuring and insolvency team have an excellent set of lawyers. The team is driven, constructive, solution oriented and commercial.’

‘I have worked with Kathleen Aka and Tara Hamilton for many years now and their practice is absolutely top tier.’

‘Kathleen Aka is an outstanding restructuring and insolvency lawyer. She is very responsive, practical, dedicated, hands-on and solution oriented. Clients are appreciative of her deep domain knowledge, analytical abilities and overall capabilities.’

‘Kathleen Aka is able to navigate commercial and legal situations to find a path forward. For restructuring and insolvency matters in Hong Kong, Kat would be my first point of contact.’

‘Commercial, practical and approachable.’

‘Kathleen Aka is personable, loyal and gets the job done.’

Key clients

Ad hoc group of holders of notes issued by Shimao Group

Ad hoc group of holders of notes issued by China Aoyuan Group

Kroll

Work highlights

  • Advising the ad hoc group of bondholders in relation to the potential restructuring of more than US$6bn of offshore bond debt issued by Shimao Group.
  • Advising the ad hoc group of bondholders in relation to the restructuring of more than US$3 billion of offshore bond debt issued by China Aoyuan Group.
  • Advising the Receivers and Managers of Smart Edge Limited (a subsidiary of the HK listed Goldin Financial Holdings) in relation to the sale of the Goldin Financial Centre.

Hong Kong > Banking and finance Tier 4

The banking and finance practice at Weil, Gotshal & Manges LLP handles a wide spectrum of financing work, including leveraged and acquisition finance transactions, often in collaboration with its robust private equity and M&A teams. The team serves a roster of Chinese borrowers, investors, and lenders, as well as international private equity firms, including The Carlyle Group. Leading the group is counsel Kevin Yao, who specialises in leveraged and sponsor financing matters.

Practice head(s):

Kevin Yao

Key clients

American Securities LLC

BPEA EQT

Cornell Capital

Dream Cruises

FountainVest Partners

GIC

HSBC

kdc/one Development Corporation, Inc.

Ontario Teachers’ Pension Plan Board (OTPP)

TCL Zhonghuan Renewable Energy

TPG Capital

Work highlights

  • Advised Mr. Rick Yan (co-founder and CEO of 51job, Inc.) in the US$1.90bn leveraged financing for the take-private of 51job, Inc. as well as the US$450m founder financing to fund Mr. Rick Yan’s capital contribution in respect of the take-private.
  • Advised Baring Private Equity Asia in the financing aspect of its sale of HCP Packaging to Carlyle.
  • Advising Asian PE sponsors as members of consortium in US$3.3bn restructuring of Genting Hong Kong group and Dream Cruises business.

China > Corporate and M&A: foreign firms

With ‘a reputation for being a great M&A firm in China‘, Weil, Gotshal & Manges LLP is best known for its advice to corporate and financial sponsor clients on big-ticket cross-border acquisitions, mergers, takeovers, privatisations and disposals. The team also acts on distressed M&A, spin-offs and joint ventures in Greater China. It additionally has notable industry expertise in growth sectors such as e-commerce, media, entertainment, advanced manufacturing, and next generation infrastructure and technology. China practice head Charles Ching, who has ‘unmatched knowledge‘, regularly acts for Chinese clients on large, cross-border M&A transactions, while counsel Yujing Liu is a ‘well-rounded M&A lawyer‘.

Practice head(s):

Charles Ching

Other key lawyers:

Yujing Liu; Kenny Yu

Testimonials

‘Extremely professional and very experienced M&A lawyers.’

‘Fully dedicated and committed team.’

‘Weil has a reputation for being a great M&A firm in China, with deep cross-border knowledge and execution capability. Diversity also stands out as a highlight.’

‘Charles Ching stands out as a great partner – he has unmatched knowledge in both Chinese and international private equity and the M&A market.’

‘Yujing Liu is a very knowledgeable and well-rounded M&A lawyer. Always available and has excellent client management skills.’

‘Yujing Liu is a very experienced lawyer.’

‘A small team but extremely efficient, particularly at the senior level.’

‘Kenny Yu and Charles Ching are two rare finds in the Mainland legal market that really possess the most important skills clients expect from senior attorneys at a top-tier international legal platform, namely: language skills (truly bilingual); commercial awareness; and most importantly, strong drafting capabilities.’

Key clients

Advent International

Alibaba Group

Citigroup Asia

CK Assets

Gores Guggenheim Inc.

Hillhouse Capital

TCL Zhonghuan Renewable Energy (formerly known as Tianjin Zhonghuan Semiconductor, TZS)

TPG Growth

Work highlights

  • Advised TCL Zhonghuan Renewable on its $207m investment (in the form of a convertible bond) into Maxeon Solar Technologies.
  • Advised Advent International on its leveraged acquisition of a controlling stake in Shanghai Wagas, a Chinese health food and bakery chain.
  • Advised Advent International on its investment in LBS Group, a pest control operation and hygiene solutions provider in Greater China.

China > Private equity: foreign firms

The private equity group at Weil, Gotshal & Manges LLP specialises in the largest and most complex cross-border transactions for premium financial sponsor clients, handling deals of all types including auctions, exits, take-privates, distressed deals and PIPEs. Across both public and private transactions, the practice has demonstrated significant expertise in multiple growth sectors, from advanced manufacturing and pharmaceuticals to media and technology. Splitting his time between Shanghai and Beijing, China practice head Charles Ching is one of the best regarded PE lawyers in the region, who, in addition to representing top PE sponsors, is regularly referred to by major investment banks. In Beijing, counsel Yujing Liu focuses on representing Chinese companies in their outbound investments, while Shanghai-based Kenny Yu is adept regarding competitive and proprietary buyouts, as well as fund formation. Tim Gardner also has a strong reputation in the market.

Practice head(s):

Charles Ching

 

Other key lawyers:

Testimonials

‘With significant and long-term industry experience in the field of life sciences and healthcare, as well as outstanding achievements in domestic and foreign financing, the team is stable and provides continuous legal support to clients.’

‘They have managed to navigate through the crises and remained strong.’

‘Charles Ching has a rare combination of expertise in both US and Chinese PE practices.’

‘Weil is particularly experienced in the private equity market in China, with deep cross-border knowledge and execution capability. Diversity also stands out as a highlight.’

‘Charles Ching stands out as the best partner I worked with who has unmatched knowledge in both Chinese and international private equity and M&A market.’

‘Yujing Liu, who works for us on a couple of deals, is a very experienced legal counsel.’

‘Their practice is rather focused on complex M&A deals, particularly where there is a private equity angle. Their lawyers respond very quickly, precisely and commercially, particularly Charles Ching.’

‘In the mainland legal market, I don’t truly see many outstanding bilingual commercial/deal lawyers but Kenny Yu and Charles Ching are surely the two individuals that stand out of the crowd. The pair is terrific in that they execute deals at lightening-fast speed, and most importantly, at a quality that is reflective of a tier-one international law firm. Kenny Yu is up and coming and surely will go far in this market.’

Key clients

Advent International

Alibaba Group

BPEA EQT (formerly known as Baring Private Equity Asia)

CBC Group (formerly C-Bridge Capital)

Citigroup Asia

FountainVest Partners

Gores Guggenheim Inc.

Hillhouse Capital

Mr. Rick Yan (Co-founder and CEO of 51job, Inc.)

MBK Partners

PAG

Primavera Capital

TPG Growth

Work highlights

  • Advised Advent International on its leveraged acquisition of a controlling stake in Shanghai Wagas, a Chinese health-food and bakery chain.
  • Acting for Advent International on its investment in LBS Group, a pest control operation and hygiene solutions provider in Greater China.
  • Advising Gores Guggenheim, Inc., a SPAC sponsored by affiliates of The Gores Group and Guggenheim Capital, on its $20bn business combination with Polestar Performance AB.

The firm: Weil is one of the leaders in the marketplace for sophisticated, global legal services. With 15 offices and 1,100 lawyers across Asia, Europe, the US and the Middle East, the firm advises many of the world’s most successful organisations on complex, multi-jurisdictional corporate transactions as well as litigation and restructuring matters.

Weil has one of the deepest benches of deal-making experience in Asia, led by top-ranked M&A and private equity lawyers and backed by an international finance practice. The firm’s lawyers are qualified in the US, HK, the PRC, New South Wales and the UK.

Main areas of practice: Weil’s Asia practice focuses on corporate transactional matters, including mergers and acquisitions, private equity, leveraged and acquisition finance. It advises leading multinationals, private equity firms, hedge funds and financial institutions on transactions across the entire Asia-Pacific region. With its ‘one-firm’ approach, Weil’s Asia-based lawyers also work closely with lawyers from its other global offices to offer expertise on international tax, intellectual property, securities laws, restructuring and EU and US competition and regulatory matters.

Mergers and acquisitions: As part of a global M&A practice that is consistently ranked among the top tier both internationally and in each key market, Weil’s M&A group in Asia has comprehensive experience in complex cross-border mergers and acquisitions matters. The firm advises multinational corporate clients, SOEs and regional corporate clients on their inbound and outbound transactional matters, including HK, PRC and US public and private acquisitions and dispositions, takeovers, joint ventures, strategic alliances, tender offers and public-to-private transactions.

Private equity: Weil is a pioneer in private equity with experienced teams in the US, Europe and Asia representing first-tier private equity sponsors and investors on the full range of private equity matters.

The firm’s private equity lawyers in Asia have extensive experience advising the leading global and Asia regional players in the international private equity arena on all types of private equity transactions, including buyouts, growth capital investments, PIPEs, public-to-private transactions, recapitalisations, financings and divestitures.

Finance: Weil’s leading finance practices include premier global leveraged and acquisition lawyers and highly ranked capital markets and structured finance teams in Asia, Europe and the US.

The firm’s finance team in Asia frequently represent sponsors, corporate clients and financial institutions on all aspects of complex cross-border debt financing matters, including leveraged and acquisition financing, syndicated loans, recapitalisations, restructurings and special situations lending.

Restructuring: Weil invented much of what has become standard practice in the restructuring field. For more than 50 years, Weil has played a pivotal role in defining this field by offering creative, practical and thoughtful solutions for its clients. Weil’s global Restructuring group of more than 100 dedicated lawyers coordinate across the US, Europe and Asia to provide clients with tailored, seamless advice to complex cross-border restructurings.

Our Asia team counsels clients across industries on a range of distressed situations; we bring extensive experience advising both debtors and creditors in relation to contentious and non-contentious restructuring and insolvency matters in the Asia-Pacific region.

Department Name Email Telephone
Managing Partner, Hong Kong Tim Gardner tim.gardner@weil.com +852 3476 9218
Photo Name Position Profile
Kathleen Aka photo Kathleen Aka Clich here for attorney bio.
Charles Ching photo Charles Ching Click here for full attorney bio.
Tim Gardner photo Tim Gardner Click here for attorney bio.
Sandy Lin photo Sandy Lin Click here for attorney bio.
Yujing Liu photo Yujing Liu Click here for attorney bio.
Henry Ong photo Henry Ong Click here for attorney bio.
Chris Welty photo Chris Welty Click here for full attorney bio.
Kevin Yao photo Kevin Yao Click here for attorney bio.
Number of Lawyers Worldwide : 1,100
English
Chinese (including Cantonese and Mandarin)