DLA Piper > Hong Kong, Hong Kong > Firm Profile

DLA Piper
25th Floor, Three Exchange Square
8 Connaught Place
Central, Hong Kong
Hong Kong

Hong Kong > Domestic and International Corporate Tax Tier 1

The tax group at DLA Piper in Hong Kong has a wealth of experience assisting global clients with devising and implementing tax-efficient strategies. It provides an excellent end-to-end user service, which makes it a strong choice for advice on M&A-related tax matters, and inbound and outbound investments, as well as transfer pricing. Beyond work for corporate clients, the firm also assists high-net-worth individuals with private wealth management and global estate planning. Anderson Lam is experienced in assisting businesses with structuring their operations in a tax-efficient manner, and is notably active in matters with a cross-border dimension. Daniel Chan advises domestic and international clients on PRC-related tax matters, with a focus on supply chain management, distribution and retail.

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Hong Kong > Banking and finance Tier 2

DLA Piper is well regarded in the market for the financing of energy-related transactions, both conventional and renewables. It has recently seen an uptick in ESG-linked financing and green lending, and is active in the telecoms, media and fintech sectors. Matthias Schemuth heads the practice and handles a range of innovative financings for international and regional commercial banks, multilateral lending agencies, export credit agencies (ECAs) and corporate borrowers. Matthew Worth was promoted to partner in July 2020 and Ed Sheremeta joined from Ropes & Gray LLP in November 2020. Since publication, Crystal Chen joined from Linklaters in May 2022.

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Testimonials

‘The team is friendly and helpful’.

‘They are practical, creative and solutions-orientated’.

‘Overall, I find them very user-friendly from a client perspective’.

‘Matthias Schemuth has good knowledge on a full range of trade finance product and is always willing to share market intel on how other banks/clients have dealt with the issue’.

‘I highly enjoy working with Matthias.’

‘The team provides a rare combination of English and Hong Kong law expertise together with experience in the Asian market with Asian clients’.

‘DLA offers commercial and practical advice, their knowledge is good and their services are value for money’.

Key clients

BBVA

DBS Bank

DZ Bank

Rabobank

Deutsche Bank

Société Générale

ANZ

ICBC Asia

Hang Seng Bank

Standard Chartered Bank

Sumitomo Mitsui Trust Bank

HSBC

China Merchants Bank

Natixis

Asian Development Bank

Bank of Communications

Bank of China

Intesa Sanpaolo

Work highlights

  • Advising Bank of China (Macau), one of the four largest state-owned commercial banks in China, in connection with the amendment and restatement (including a one-of-a-kind $1bn incremental facility) in respect of a $2bn revolving unsecured credit facility (including a bespoke swingline feature) made available to Sands China, the leading developer, owner and operator of multi-use integrated resorts and casinos in Macau, by a large syndicate of regional, US and European banks.
  • Advising Japan Bank for International Cooperation on a $1bn untied loan facility made available to State Bank of India (SBI) for the purpose of financing the granting of sub-loans by SBI for the manufacturing and sales business of Japanese OEMs, the automotive dealers as well as for the provision of auto loans for the purchase of Japanese automobiles.
  • Advising DBS Bank in connection with the $630m financing to Hutchison 3 Indonesia and guaranteed by CK Hutchison Holdings in relation to financing of the Network Expansion Program in Indonesia being developed and completed by Huawei.

Hong Kong > Investment funds Tier 2

DLA Piper has a strong reputation advising a sponsor/fund manager-focused client base on the establishment of some very sizeable alternative investment funds. Although it is well-versed across the panoply of alternative asset/investment classes, including private equity, venture capital and hedge funds, the team has recently been particularly active in advising regional fund managers on the establishment of real estate credit funds, an area of notable growth in the market as banks have decreased their lending activity in the sector. The firm has also begun to grow its investor profile and has recently advised UBS Asset Management Switzerland on its investment in GLP Japan Income Fund, one of the largest private open-ended logistics real estate income funds. Vastly experienced team head Luke Gannon is particularly experienced in advising GPs and LP investors across a range of mandates, including real estate, digital technologies and securities.

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Testimonials

Clients enjoy getting succinct and practical advice that helps them to easily achieve their commercial imperatives.’

‘Luke Gannon brings a wealth of experience and knowledge which may not be found in some of the other funds teams in Asia.’

Key clients

UBS Asset Management Switzerland

Avataar Venture Partners I

First Beijing Investment Limited

Sylebra Capital

Nine Masts Capital Limited

Sun Hung Kai & Co. Limited

COFCO Capital Group

China Ping An Insurance Overseas (Holdings) Limited

Hong Kong > Labour and employment Tier 2

DLA Piper acts for a range of employers in the banking, financial services, insurance, retail, life sciences, technology and hospitality sectors. It has recently been handling a number of COVID-19-related workplace issues, layoffs and redundancies, mental health in the workplace, harassment, bullying and discrimination matters. Leaning on its global network for strength, the practice handles mandates in Greater China and across the Asia-pacific region. Practice head Helen Colquhoun is qualified in Hong Kong, England & Wales and New York, which supports her credentials in multijurisdictional employment projects. Colquhoun has particular experience of director-level and sensitive terminations and investigations. Of counsel Wendy Wong joined from Simmons & Simmons in November 2021.

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Testimonials

Nothing phases the DLA Piper team – they approach every engagement with an open mind, whether it be a run-of-the-mill query or an unusual situation. DLA Piper are very solution-oriented – very pragmatic and commercial. For us, teaming both HK and PRC guidance was very valuable and allowed a full view of the project without having to engage multiple firms.’

Helen can always be relied on to deliver swift, reliable and tailored guidance. She has a strong appreciation of the human side of employment advice coupled with a keen appreciation of potential impacts upon the business.’

Helen Colquhoun is very professional, helpful and responsive. She always provide immediate response with professional advice and highlight any concern to our attention. She’s reliable and we are happy to get her consultation without doubt.’

Hong Kong > Projects and energy Tier 2

Spearheaded out of Hong Kong by Matthias Schemuth and also able to effectively mobilise resources throughout the region, DLA Piper is well-positioned to advise a varied array of sponsor, developer and lender clients on regional projects and infrastructure work. The team is particularly adept at assisting Chinese clients on their outbound investments into Southeast Asia, including on conventional and renewable energy projects, often involving multi-sourced financing arrangements. Carolyn Dong is able to provide a compelling mix of skills garnered through her years in-house at both Sinopec and BP, as well as in private practice, for Chinese entities in energy-related outbound investments and Sino-foreign joint ventures. Russell Wilkinson is a new addition to the team who joined from Baker Botts L.L.P. in December 2021; Wilkinson has notable experience of upstream and midstream petroleum projects, power generation and transmission projects.

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Testimonials

‘Innovative yet thorough. Use of technology is also quite useful. ’

‘The team is very knowledgeable on trade finance matters. They are also very value for money and is a good sounding board on new structures.’

‘The team is able to draw on a diverse experience pool and help formulate solutions that are win-win.’

‘Accessible, flexible and able to offer balanced advice.’

The team is very responsive and understanding the market of power business very well. The team is equipped with international and local knowledge of project financed-power precedents‘.

‘Matthias Schemuth is very knowledgable but yet always available to discuss issues and willing to think out of the box to come up with suitable compromises. ’

‘Matthias Schemuth is very knowledgeable on trade finance structures, including cross-border regulatory issues.’

Hong Kong > Real estate Tier 2

DLA Piper has an excellent record in real estate transactions in Greater China, with its offering in this space being complemented by its strong funds, finance and tax capabilities. Elsewhere, the firm is also prominent in major development projects across the Asia Pacific region, as well as lease-related matters. Reflective of its excellent reputation, the group acts for clients such as developers, funds and end-users. Its recent work included advising numerous international clients on investments into logistics and internet data centres, which are both booming areas of the market. In November 2020, the 'exceptional' Ed Sheremeta returned to the firm from Ropes & Gray LLP; he leads the 'smart and commercial' team. Another key individual is Susheela Rivers, whose diverse practice includes real estate investments and developments in the hotel, retail and mixed-use sectors. Janice Yau Garton joined Stephenson Harwood.

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Testimonials

A strong team at all levels. Smart and commercial.’

Ed Sheremeta is exceptional. Solutions-driven, bright and experienced.’

Hong Kong > Restructuring and insolvency Tier 2

DLA Piper acts for global financial institutions and corporates on major cross-border restructuring mandates in Greater China and across Asia-Pacific. It has recently seen an uptick in instructions from funds in addition to its insolvency and bank-led restructuring assignments. The practice is well known in the market for distressed work, including formal insolvency, bank workouts, and bond/note restructurings. Head of practice Mark Fairbairn is well regarded for his expertise in restructuring and special situations. Carolyn Dong counts China-based financial institutions, state-owned enterprises and major corporates among her clientele.

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Testimonials

DLA is a large organization with many partners across different specialisations. Being an international firm, DLA has been able to serve me and my clients well particularly for insolvency matters involving corporate issues and relating to the US capital market.’

‘Mark Fairbairn is definitely the lawyer to go to for difficult matters. His experience in the law and practice of insolvency and restructuring sets him far apart from his peers. He is also exceptionally proactive in thinking through challenges which we may come across in the next steps so that we are able to respond timely and appropriately.’

The team has the most depth of experience and expertise in matters of insolvency and can be depended upon to come up with creative solutions.’

‘The team is highly proficient technically and always able to come up with novel legal solutions. Moreover, this team has very strong connections especially in China that facilitates seeking out parties for talks.’

Key clients

Alvarez & Marsal

Luckin Coffee

Yihua Group

Clearwater Capital Partners

CQS

BFAM

Deutsche Bank

Jindal Steel

SSG

BlackRock Funds

Monarch Alternative Capital

China Development Bank

Work highlights

  • Acted for Jindal Steel and Power, an Australian mining group with ultimate ownership by the Jindal family of India, on its c. $800m term loan refinancing to be implemented via an Australian scheme of arrangement, acting as English counsel on the financing documents and as Australian counsel on the scheme process.
  • Acting for the ad-hoc group of holders of 1.5% convertible senior notes due 2020 issued by GNC Holdings Inc in the Chapter 11 of GNC Holdings Inc and its sale to Harbin Pharmaceutical Holding Co., Ltd.
  • Representing certain investment or funds clients who acquired bank indebtedness in the secondary market in respect of the China Fishery Group, and Monarch Alternative Capital (the leading US-based private equity firm) in respect of their exposures involving borrowings in excess of $1.6bn.

Hong Kong > TMT Tier 2

Scott Thiel leads DLA Piper's team, which advises regional and international clients on a full spectrum of strategically significant and complex projects. Thiel's private practice experience is complemented by his computer science background, making him a popular choice for advice on a wide range of IT and outsourcing projects. His recent work included advising gaming app developers on the launch, publishing and distribution of their games throughout Asia Pacific. Thiel is also at the leading edge of fintech-related work and was one of the key partners behind the development of the firm's own foray into the blockchain market with the launch of its TOKO product - a unique tokenisation engine which facilitates the buying and selling of high value assets using blockchain technology. Carolyn Bigg is a name to note for advice on data protection matters, particularly multijurisdictional compliance projects across the Asia Pacific region.

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Key clients

Olympus

Moonactive

Incyte

The Walt Disney Company

Zen Payroll

Lightricks

Barings

Marsh & McLennan Companies, Inc.

Lego Hong Kong Limited

Hong Kong > Construction Tier 3

DLA Piper is able to leverage its broad commercial litigation and corporate prowess, as well as its large international footprint, to advise a wide range of stakeholders on a variety of domestic and cross-border mandates. Drawing upon his strength in resolving commercial disputes, Harris Chan is able to handle complex construction claims (via litigation and ADR) for contractors, consultants and developers. May Ng, who is ‘capable and responsive’, co-heads the practice with Chan.

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Testimonials

‘DLA has a very strong construction practice and an unrivalled breadth of support from its global offices. The team always performed at a very high standard and is our go-to firm for high-value and complex disputes.’

‘A strong all-round practice in the construction disputes space.’

‘May Ng is very bright and very hands-on. She has excellent judgement and her advice is always very clear and commercial.’

‘May Ng  is capable, responsive and has a keen mind toward strategies for mutual settlement rather than drawing out disputes longer than they should be.’

Sandy Au is a brilliant lawyer and a very experienced construction lawyer. She is very thorough and a pleasure to work with.’

May is my main contact at DLA Piper. May is a very experienced construction and arbitration lawyer and she has always been instrumental in helping us to decide the best strategy to conduct our cases. She is extremely sharp and very approachable and her advice is concise and practical.’

Key clients

Thiess Mongolia LLC

Work highlights

  • Represented Thiess Mongolia in Hong Kong High Court proceedings for a multimillion- dollar dispute to recover payment for its mining works in Mongolia from a Hong Kong listed company and its subsidiary.

Hong Kong > Dispute resolution: litigation Tier 3

The DLA Piper litigation and regulatory team is ‘able to deploy sufficient resources round the clock’ when advising on shareholder disputes and during regulatory investigations. Department head Kevin Chan and ‘pragmatic and seasoned litigator‘ Harris Chan count large Asian banks and international names from the financial services, energy, retail and construction sectors on their client roster. Support comes from Satpal Gobindpuri, particularly on corporate matters stretching overseas, with insurance coverage and product liability other firm-wide areas of focus in this domain.

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Testimonials

‘The team is dedicated and provides adequately professional legal advice to enable the client to make timely decisions, so as to create value.’

‘Harris Chan (partner) and Sandy Au (of counsel) have extensive experience in HK litigation/disputes and understand the client’s needs very well. They provide valuable advices and solutions to the client. In addition, their services are value for money with a great flexibility in payment terms.’

‘The DLA Piper team is extremely responsive and able to deploy sufficient resources round the clock at a moment’s notice. The team is extremely clinical in what they do and they are not afraid to go the extra mile should it be required. Not only is the team able to deliver proficient advice and work, but they are also able to assess the bigger picture for us clients commercially. All in all, they are flexible, approachable and efficient.’

‘Harris Chan, KC Tai and Desmond Cheung are all extremely capable and eloquent lawyers who are at the top of their game.’

‘In particular, Harris Chan is a pragmatic and seasoned litigator who has vast experience in all kinds of civil litigation. On top of that, he understands the capital market well and is familiar with the industry practice. He is able to grasp the key of the matter quickly and is able to turn around as quickly with a solution.’

‘KC Tai is another key to the team. Business acumen comes naturally to him and he is supremely well versed in court proceedings and various applications. KC is extremely easy to work with and his communication and problem-solving skills come second to his technical knowledge with the law.’

‘Desmond Cheung is diligent and hard-working. He is able to turn around work efficiently and effectively and comprehend complex legal problems quickly.’

Satpal Gobindpuri leads a very experienced and knowledgeable team in Hong Kong who has provided us with not only advice from a legal perspective, but also counsel from a practical and commercial perspective. This has been critical for us when it came to making decisions as to how to resolve a dispute with a former client.’

Hong Kong > Regulatory: anti-corruption and compliance Tier 3

DLA Piper’s regulatory and investigations group is split between Hong Kong, Shanghai and Beijing; it focuses on representing large companies based in China and Hong Kong in internal investigations into allegations of fraud, bribery and corruption. Of recent note, the team is increasingly being retained for data-related breaches. The department is led by Sammy Fang (Hong Kong) and Nathan Bush (Singapore).

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Testimonials

‘A truly global team pulling expertise from China, Hong Kong and the US. Perfect in dealing with cross-jurisdictional regulatory matters.’       

‘Sammy Fang is a very client-friendly partner, technically strong, with excellent insights and strategic mind.’

Hong Kong > Shipping Tier 3

DLA Piper attracts a strong flow of work from Chinese and international clients, including large shipping and logistics companies. The team is praised for its ability to provide 'client-centric legal solutions in a clear and friendly manner’. Ernest Yang and Kevin Chan co-head the group in Hong Kong, which operates on an integrated basis with the Beijing and Shanghai offices. On the contentious side, the firm is prominent in shipping litigation and arbitration in Greater China and elsewhere internationally. The team's expertise includes casualty and salvage cases, as well as commodity disputes and cargo claims. Elsewhere, the firm is also sought after for advice on non-contentious matters, such as the sale and purchase of ships, shipping finance and shipbuilding.

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Testimonials

DLA Piper has a very strong and capable team of lawyers, who consistently provide exceptional, in-depth, client-centric legal solutions in a clear and friendly manner.’

The team has very rich practical experience in the field of maritime arbitration and can proficiently use relevant professional theoretical knowledge and provide customers with targeted dispute response plans based on the business demands of customers in specific cases.’

‘Ernest Yang is an exceptionally bright lawyer with a wealth of experience in shipping law matters. He is responsive and a pleasure to work with.’

A very sensible, commercial team led by Kevin Chan. Good lawyers with good judgment and client management skills.

Key clients

Bank of Communications Co.

Samsung Heavy Industries Co.

Hong Kong > Capital markets (equity) Tier 4

Led by Luke Gannon, DLA Piper‘s capital markets team is particularly adept at advising issuers, including international companies, on their Hong Kong listings. While the core ECM offering may be smaller than some of its peers, it is able to punch above its weight by virtue, not only of its ability to leverage vast international resources for cross-border deals, but also to draw upon the office’s full-service capabilities. Life sciences, consumer goods and technology are particular sector strengths. The team was bolstered by the arrival in March 2021 of Arthur Tso from Kirkland & Ellis, particularly in light of his credentials advising Chinese companies on Hong Kong listings, and in November 2021 of George Wu from Herbert Smith Freehills who has particular experience advising on IPOs, and follow-on offerings in Hong Kong and US capital markets.

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Key clients

Mont Avenir Capital Limited

China Ping An Group

Benchmark

Valuable Capital

Maxim Group

China Merchants Securities (HK)

AMTD No8 BOC International

Hangzhou Qiantang New Area Construction and Investment Group

WiMi Hologram Cloud Inc.

Guangdong-Hong Kong Greater Bay Area Holdings Limited

Kunlun Energy Company Ltd

BAIOO Family Interactive Limited

Besunyen Holdings Company Limited

Chengdu Expressway Co., Ltd.

Tian Ge Interactive Holdings Limited

SouthGobi Resources Ltd

Luye Group

Dadi International Group Ltd

Work highlights

  • Advised Mont Avenir Capital, as the sole sponsor and sole global co-ordinator, on the HK$872m global offering and listing of Newlink Technology Inc. on the Main Board of the Hong Kong Stock Exchange.
  • Advised China Ping An Group on the $2.36bn initial US public offering and listing on the New York Stock Exchange.
  • Advised Air China on the HK$39bn recapitalization plan for Cathay Pacific.

Hong Kong > Intellectual property Tier 4

With a presence in the PRC, DLA Piper’s Hong Kong IP team is well placed to handle cross-border mandates for large international brands entering the Chinese and wider Asian markets. The practice has a strong focus on trademark work and is well equipped to handle strategy, trademark prosecution, and trademark litigation and enforcement work. Edward Chatterton heads the team and is recommended for brand protection matters.

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Key clients

McDonald’s Corporation

Five Guys Enterprises

Moet Hennessy

Manolo Blahnik International

Avon Products Inc.

Orkla

Pokerstars

Papa John’s

Gweilo

HSBC

G&W Distilling

Gemological Institute of America (“GIA”)

Efes

Work highlights

  • Providing HSBC with ongoing advice in relation to the full range of trademark and brand protection matters across Asia.
  • Advising on Avon’s trademark portfolio in China and Hong Kong, including providing filing strategy for house mark and core brands, regular monitoring of third party hijacks, enforcement action plan against hijackers/infringers, and handling all proceedings before the China Trademark Office, Trademark Review and Adjudication Board, and Chinese courts.
  • Advising Manolo Blahnik on all of its trademark matters globally.

Hong Kong > Private equity Tier 5

DLA Piper is well known in the marketplace for buyouts, exits and other private equity transactions, servicing clients internationally. As part of an integrated international team with offices in Beijing and Shanghai, the team is well placed to handle a mix of China and international deals. Luke Gannon and Gloria Liu who is recommended for cross-border private equity-led M&A, jopintly head the team.

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Key clients

China Merchants Capital

EQT

Gaocheng Capital

Macquarie Asia Infrastructure Fund

Goldman Sachs

Lilly Asia Ventures

New Enterprise Associates

Qiming Venture Capital

SAIF Partners

Scientia Technologies Limited

Sylebra Capital

Wise Road Capital

China Ping An Insurance Overseas (Holdings) Limited

Work highlights

  • Advised Gaocheng Fund I, L.P. on its pre-IPO acquisition of shares of Tuya Inc., a leading global IoT cloud platform which recently closed highly successful IPO on the New York Stock Exchange with market capitalization over $10 billion.
  • Assisted Sylebra Capital with its PIPE investment in Roth CH Acquisition I Co, in the aggregate amount of US$250 million in connection with the SPAC acquisition of PureCycle Technologies.
  • Advised SINO-BLR Industrial Investment Fund, L.P. as a preferred shareholder of Innoviz Technologies, in the investment portfolio company’s de-SPAC merger transaction with a special purpose acquisition company (SPAC) Collective Growth Corporation

China > Dispute resolution: Litigation: foreign firms Tier 2

DLA Piper’s position as a global full-service law firm enables its offshore office in Hong Kong, led by Kevin Chan and supplemented by on the ground experts in Shanghai and Beijing, to engage in highly complex, multijurisdictional litigation. Chan represented Industrial and Commercial Bank of China and Chow Sang Sang Securities in the recovery of defaulted loans valued at HK$1.5bn and HK$722m respectively. Satpal Gobindpuri is well versed in commercial litigation and disputes in the insurance sector. Harris Chan has experience dealing with cases ranging from corporate restructuring to disputes over high net-worth estates. Xiaoshan Chen is also highly regarded.

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Testimonials

‘The firm stands out in providing assessment on the degree of legal and commercial risks against certain circumstances in a timely manner and demonstrating sound judgment in planning and managing the dispute resolution matters.’

‘Harris Chan is a pragmatic and seasoned litigator who has vast experience in all kinds of civil litigation. On top of that, he understands the capital market well and is familiar with the industry practice. He is able to grasp the key of the matter quickly and is able to turn around as quickly with a solution.’

Satpal Gobindpuri tries to do everything possible to settle and avoid going to court.’

Key clients

China Huarong International Holdings Limited

Combest Holdings Limited

DIO Corporation

Dymocks Franchise Systems (China) Limited

Everwill Industrial Limited

Haitong International Assets Management Limited

HK A-Sun Group Co., Ltd

Huatai Financial Holdings (Hong Kong) Limited

MHK Restaurants Limited

Power Securities Company

Sand Aire Limited

Sung Chung Kwun

China > Fintech: foreign firms Tier 2

DLA Piper acts for a broad range of clients, ranging from start-ups and small and medium-sized enterprises to traditional players in the technology and financial services sectors. The Hong Kong-based fintech team brings together expertise from its finance and IP and technology teams, in addition to members from corporate and real estate groups. It advises on electronic finance products and peer-to-peer platforms; assisting with the implementation of data centres and their potential financing in addition to asset tokenisation projects. Asia head of the firm’s global technology and fintech sector initiative, Scott Thiel, is experienced in the regulatory issues associated with payments clearing, e-commerce settlements and cross-border payment services; Matthias Schemuth provides further partner-level support; and senior associate Lauren Hurcombe focuses on complex technology and commercial arrangements.

China > Banking and finance: foreign firms Tier 3

DLA Piper‘s Hong Kong-based banking and finance team has specific sector expertise in energy, telecoms and media, fintech and real estate; and the group is particularly experienced in export credit and multi-lateral lending agency financings; structured trade and commodity finance; margin lending and share-backed financing; and acquisition and leveraged finance. Matthias Schemuth heads the Asia finance, projects and restructuring practice, which includes experienced finance partner Paul Lee. Growth in 2020 included real estate expert Ed Sheremeta joining from Ropes & Gray LLP; and the promotion of private credit and complex financing transaction expert Matthew Worth to partner.

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Testimonials

The team is always helpful, even for ad-hoc advice/potential transactions.

The team is well versed in trade financing transactions and have set up various trade programmes for a number of banks; as such, they would be one of my go-to firms at a structural stage to gauge whether what we are thinking of doing is doable and if there are any red-flags.

Great at working on cross-border transactions.

Very experienced and client oriented, and very easy to work with.

Strong performers and very knowledgeable – very reliable.

Very good connections with local PRC firms, allowing it to offer a seamless service on PRC law matters.

Matthias Schumeth is particularly knowledgeable and user friendly on cross-border trade finance matters, and he is able to advise quickly whether a structure has regulatory issues in certain jurisdictions.

China > Investment funds: foreign firms Tier 3

Fielding several investment funds specialists, DLA Piper‘s bilingual team offers on-the-ground capabilities in Hong Kong, US, UK, Australia and the PRC law. The practice is particularly active in relation to China-based hedge, real estate and private equity fund formation work, and the group has also recently expanded its market presence in the tokenised funds space. Leading the Asia funds and investment management practice, Luke Gannon has practiced in investment funds for over 25 years, and has been involved in various significant landmark fund deals in the region.

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China > Projects and energy: foreign firms Tier 3

Able to draw from ‘a diverse and experienced pool of talent’, both out of Greater China and across its international network, DLA Piper provides a ‘great international vision’ for regional and foreign stakeholders on inbound and outbound mandates. Hong Kong-based China energy head Carolyn Dong is well-versed at advising SOEs on outbound transactions as well as on Sino-foreign JVs, while Matthias Schemuth regularly handles energy and infrastructure financing matters. Shanghai-based senior associate Simin Yu has notable expertise advising on greenfield project development, construction, financing and M&A matters.

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Testimonials

‘The team is able to draw from a diverse and experienced pool to offer a win-win solution.’

Offers industry expertise. Always ready and available. Great team to work with under pressure. Offer a great international vision.’

‘They are accessible, flexible and balanced in their provision of advice.’

Key clients

China Energy Investment

Barito Pacific

Indonesia Power

Arctic Green Energy Corporation

ANZ

ADB

BBVA

DBS Bank Ltd

Rabobank

Société Générale

Rabobank

ICBC Asia

DZ Bank

China Huadian

Zhefu Holdings

Supreme Trading

TTCL Public Company

Sojitz Corporation

ACO Investments

Ditrolic Solar

KEPCO

Veolia

Natixis

Shenhua Guohua Lion Power Indonesia

HSBC

Work highlights

  • Advising the Sponsors in relation to the development, construction and financing of the $3.5bn  2 x 1000MV Jawa 9 & ten ultra-super critical power plant in Banten Province, Indonesia.
  • Advising DBS as mandated lead arranger and the syndicate banks on an innovative project financing of a portfolio of up to 25MW rooftopsolar projects in Hong Kong undertaken by NEFIN Solar Asset Limited.
  • Advising ICBC Asia as mandated lead arranger and documentationbank and the syndicate banks with respect to the financing of a 2 x350 MW coal fired power plant project in Preah Sihanouk(Sihanoukville) Province, Cambodia.

China > Regulatory/compliance: foreign firms Tier 3

DLA Piper has a regulatory and investigations team with dedicated lawyers based in its Beijing, Shanghai and Hong Kong offices. Leveraging its impressive global footprint, it represents international and China based multinational corporations on compliance, internal and regulatory investigations with a strong focus on cross-border issues. It is increasingly handling cybercrime and data breach-related reviews and investigations, and its recent caseloads include representing household MNCs operating in Greater China and major Chinese companies. The team is jointly led by Hong Kong-based Sammy Fang and Singapore-based Nathan Bush, and also includes Christine Liu. The firm continues to develop its online tool Rapid Response App which is a crisis management global service assisting clients with responding to a dawn raid, cyber attack or other major incidents.

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Christine Liu; John Zhang

Testimonials

‘Their mainland China/Hong Kong team are real experts when it comes to regulatory matters.’

‘Sammy Fang, a very user-friendly partner, is technically strong with excellent insights and strategic mind.’

China > TMT: foreign firms Tier 3

The scope of DLA Piper‘s Hong Kong-based practice ranges from day-to-day matters to technology procurement, outsourcing, and data protection and cybersecurity, to the adoption of novel, disruptive technologies and digital transformation projects concerning blockchain and digital assets. The team is also sought out for groundbreaking fintech matters. With a notable computer science background, practice head Scott Thiel has over 20 years’ experience in cutting-edge IT and outsourcing projects; and Carolyn Bigg has longstanding experience in advising on data privacy and technology-related matters. Associate Yue Lin Lee acts as the Singapore and South East Asia lead for regional TMT projects.

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China > Real estate and construction: foreign firms

Based out of Shanghai and Hong Kong, DLA Piper‘s cross-office team provides a ‘cost-effective and professional‘ service to developers, funds and end-users across a range of corporate real estate matters throughout the investment life cycle. The return of the ‘exceptionalEd Sheremeta from Ropes & Gray LLP in November 2020 further enhances the firm’s real estate transactional capabilities, particularly in the context of private equity-related investment work in the sector. In addition to Sheremeta, the team includes the vastly experienced Susheela Rivers, whose broad expertise includes hospitality and leisure-related matters, and Lillian Duan, who provides ‘a very rare blend of international standard/commercial clarity together with detailed-bottoms up local practice guidance and advice’ on transactional real estate work.

Testimonials

The meticulous team provides a cost-effective and professional service.’

The exceptional Ed Sheremeta is solutions-driven, bright and experienced.’

Lillian Duan provides a very rare blend of international standard/commercial clarity together with detailed-bottoms up local practice guidance and advice. This blend allows her and her team to be a very integral and critical part of our acquisition process.’

Key clients

Ping An Insurance

Work highlights

  • Advised Ping An Insurance on the 30% share acquisition from, and joint venture with, Sun Hung Kai Properties in developing the commercial and retail complex at the West Kowloon Station in Hong Kong.

China > Restructuring and insolvency: foreign firms

Combining China, regional and global-wide strength in restructuring and insolvency, DLA Piper is consistently instructed by leading global financial institutions (as lenders and bondholders) and troubled corporations on major restructuring and insolvency mandates in Greater China and Asia-Pacific region. The Hong-based practice advises across the whole spectrum of distressed work, from formal insolvency through to bank workouts, bond/note restructurings and other special situations; and the team has recently experienced an increase in instructions from funds. A driving force behind the firm’s prominence in this area, practice head Mark Fairbairn is a widely respected restructuring and special situations lawyer in Greater China; and Carolyn Dong has a wealth of experience in representing insolvency practitioners and special situation investors, particularly in relation to mainland China. Further key support is provided by associate Rosie Li, who represents high-profile, China-incorporated financial institutions in restructuring and special situation scenarios.

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Testimonials

The team has deep experience and expertise in matters of insolvency, and can offer creative solutions.

The team members are very proficient technically, and are approachable when we need to discuss legal solutions.

They are able to give creative advice, and are also able to access a wide network of people in China to facilitate talks when necessary.

Global reach and professionalism.

Technical capability and responsiveness.

China > Private equity: foreign firms

DLA Piper‘s Greater China private equity practice is highly active in relation to buyouts, exits and other private equity transactions. Instructed by high-profile private equity funds, established investment firms, family offices and other equity financial investors, the group assists with the legal and commercial issues that arise at all stages of the private equity life cycle. Clients additionally benefit from the China team being part of an international practice that fields over 260 private equity lawyers in 40-plus countries. Shanghai-based Stewart Wang regularly leads work for China-based and overseas corporate entities and private equity sector players. James Chang in Beijing advises investors and companies on early-stage and growth capital investments. In Hong Kong, Gloria Liu has longstanding experience in advising on private equity-led M&A, add-on acquisitions, exit transactions, and private equity, venture capital and growth capital investments; and Luke Gannon is the experienced Asia corporate head.

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China > Shipping: foreign firms

DLA Piper‘s integrated team of lawyers in Beijing, Shanghai and Hong Kong assists with the full range of shipping work. Its contentious work involves arbitration and court proceedings in mainland China, Hong Kong, the UK and internationally; and its non-contentious practice covers negotiating and drafting contracts, insurance policies, standard terms and conditions, and advice on risk management and contingency planning. The practice is co-led by Shanghai-based international disputes specialist Xiaoshan Chen, who was elevated to the partnership in May 2020; Ernest Yang and Kevin Chan, who handle complex shipping disputes.

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Testimonials

We are very satisfied with the overall services of DLA Piper.

The legal services provided by the team are client oriented and best suit the company’s needs.

The firm stands out for providing assessments on the degree of legal and commercial risks in a timely manner, and is able to demonstrate sound judgement in planning and managing the dispute resolution matters of the company.

DLA Piper impressed by giving practical recommendations to solving shipping disputes and formulating strategies during arbitration cases.

The team demonstrated outstanding professionalism when analysing the merits and demerits of a current arbitration case.

They realistically anticipated the possible issues and unexpected events- they also responded to our queries and requests in a timely fashion and made helpful recommendations for our consideration, hence expediting the strategy formulating and decision-making process.

‘The team has a lot of experience in providing legal services to shipping companies in China, especially in the field of maritime arbitration.’

With a huge amount of experience, Kevin Chan is a leading light in this area.

China > Tax: foreign firms

Showcasing one of the largest tax teams in Greater China, DLA Piper‘s practice covers international and domestic tax issues, from corporate and individual tax planning to dispute resolution; and the China transfer pricing team is part of a global operation that (in addition to lawyers) fields economists, certified accountants and tax advisers, who regularly work alongside the firm’s US and European tax teams on domestic and cross-border transactions. Beijing-based China tax head Windson Li also co-heads the Asia tax group alongside Hong Kong tax leader Anderson Lam. Li is experienced in advising international group companies and HNW clients on cross-border tax matters; and he is particularly focused on M&A, company formation, joint ventures, tax structures, business model transitions and transfer pricing. Providing additional partner support from Hong Kong, Daniel Chan focuses on investment and taxation matters in China, and Doris Ho is an international tax and wealth planning expert.

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A very professional team of lawyers.’

‘Always tries to meet clients’ requirements.’

Malaysia > Foreign firms

DLA Piper’s Malaysian team strengths include sector expertise in insurance, education, energy, financial services and technology. The practice is led by M&A expert Heng Loong Cheong  who also advises on complex corporate reorganisations and equity and debt capital markets transactions, with a focus on emerging markets. Vincent Seah is notable for his experience of pan-Asia mandates, acting for sponsors and developers on corporate and financing matters in the power industries.

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Key clients

Laureate Education, Inc.

Ditrolic Solar and China Huadian

Work highlights

  • Advised Laureate Education on USD140m sale of INTI to HOPE Education Group.
  • Represented Ditrolic Solar, a Malaysia-based solar clean energy company, and China Huadian on the acquisition, development and financing of a 70MWp solar power project in Bangladesh.
  • Advised a global insurance broker on the Asia Pacific employment aspects of its global integration.

Vietnam > Foreign desks

DLA Piper has a strong track record in mandates connected with the energy and infrastructure sectors in Vietnam, and it has also been active in Vietnam’s growing tech industry, particularly in sub-sectors such as medtech and proptech. Tokyo-based partner Lance Miller, who heads up the Vietnam practice, has a wealth of experience of finance, corporate and commercial matters. He advises foreign clients on business expansion and investment in Vietnam, as well as acting for Vietnamese clients on their outbound investments. Miller counts local conglomerate VinGroup as a longstanding client. In Singapore, Joe Bauerschmidt, who is noted for his M&A and capital markets experience, acts for clients from areas such as financial services, technology, energy and real estate. Also based in Singapore is David Kuo, who focuses on PE and VC financing. Bangkok-based partner Samata Masagee is also highly recommended.

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Testimonials

The team always turns around quality work at speed, as well as giving us strategic advice.’

We have been working with DLA’s partner David Kuo for many years on our private equity investments. We truly appreciate David’s dedication to work, the speedy response and his strong commercial sense.’

Key clients

China Construction Bank (Asia) Corporation Limited

VMD Kórházi Technológiai Zrt.

RedDoorz

VinFast Trading & Production Limited

VinGroup Joint Stock Company

VinSmart HOYER

Work highlights

  • Advising China Construction Bank on the financing of a 650MW power project in An Kanh province, Vietnam.
  • Advising VMD Kórházi Technológiai Zrt. on the investment and construction of Can Tho City Oncology Hospital with 500-bed capacity in Vietnam.
  • Advising the HOYER Group on the acquisition of Kerry-ITS Holdings Pte. Ltd. and its subsidiaries in Singapore, China, Vietnam and Thailand.

South Korea > Corporate and M&A: foreign firms

Acting for public and private companies that range from multinational enterprises to emerging companies, DLA Piper has a diverse client list which also includes banks, venture capital and private equity houses, pension funds and other financial institutions. It advises on the full range of corporate matters and has significant cross-border M&A experience, with the ‘superb’ Daniel Lee as the country managing partner in Korea. DK Donghyun Kim handles a wide range of cross-border projects involving corporate, technology, energy and construction sectors. Theresa Huh and Ted Yi are also recommended, with Huh taking on SEC filing compliance and other general corporate matters. Based in Hong Kong, Luke Gannon is the firm’s corporate head in Asia.

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Testimonials

‘DLA has put together a team composed of proper number of senior and junior attorneys. Their operation of the team was efficient and cost effective. ’

‘I was impressed by the commitment of managing partner (Daniel Lee) to get the project concluded properly and efficiently. He is always prompt in responding to client’s requests. He is also striving to make sure client’s needs are taken care of. I believe his in-house experience puts him in a unique position to understand the corporate clients’ needs better than anyone.’

‘DK Kim – he is the main contact point between DLA Korea and our firm. He pays keen attention to deals and provides timely advice. Specifically, he works very diligently, in that he works over all time zones required for the client. Our team never had problems with reaching out to him.’

‘Theresa Huh understands our project details and what we are in need of. She is also very easy to communicate as she, like Mr. Kim, is reachable anytime even in the weekends. With her attentiveness, she pays attention to every detail and prevents possible problems in advance.’

‘DLA Piper is one of the best firms I have ever worked with. The lawyers are highly knowledgeable and familiar with international litigation matters in Korea. They fully understand our needs and provide us with the best legal advice, that’s why we keep going back to them.’

‘Ted Yi did an excellent job managing his legal team and advised us on an effective legal strategy. He is a very capable and highly experienced lawyer in his fields of specialization.’

‘Daniel Lee is a superb lawyer with a great deal of experience in every aspect of business.’

‘Attorneys at DLA advised and contributed Private Equity Fund contracts closing. Especially regarding negotiation of LPA terms and conditions, Subscription doc and Side letters. We are able to get prompt answers from DLA. most of cases, We are satisfied with DLA’s legal service. ’

Key clients

Hyundai Engineering Co., Ltd.

Korean Overseas Infrastructure & Urban Development Corporation (KIND)

POSCO

Work highlights

  • Representing Hyundai Engineering Co., Ltd. and Korean Overseas Infrastructure & Urban Development Corporation in connecting with an equity financing of Grupa Azoty’s Polimery Police polypropylene project.
  • Advising POSCO, one of the largest steel maker and mining investor, with the potential acquisition of 30% of the Ravensthorpe Nickel Project (“Project”) in Western Australia for $240m.

Global co-chairs: Frank W. Ryan and Andrew Darwin
Co-chief executive officers: Simon Levine and Frank W. Ryan
Languages: The firm speaks over 60 languages
Offices: Lawyers located in more than 60 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific.

Please see https://www.dlapiper.com for further information about the firm.

PhotoNamePositionProfile
 Carolyn Bigg photo Carolyn Bigg
 Harris Chan photo Harris Chan
 Daniel Chan  photo Daniel Chan
 Kevin Chan  photo Kevin Chan
 Helen Colquhoun photo Helen Colquhoun
 Mark Fairbairn  photo Mark Fairbairn
 Luke Gannon  photo Luke Gannon
 Anderson Lam photo Anderson Lam
 May NG photo May NG
 Susheela Rivers  photo Susheela Rivers
 Matthias Schemuth photo Matthias Schemuth
 Ed Sheremeta photo Ed Sheremeta
 Scott Thiel  photo Scott Thiel
 Wendy Wong photo Wendy Wong

DLA Piper has a leading pro bono practice, providing over 200,000 hours’ worth of legal support annually to charities, NGOs, governments in least developed countries and vulnerable individuals around the world. We are one of the largest providers of pro bono legal services globally. Our thriving practice provides support for aforementioned organisations on a wide range of areas that are critical to their missions. This includes research, legal advice and strategic counsel. The global team works collaboratively to ensure a global impact on our key strategic focus areas including: forcible displacement, statelessness, gender-based violence, climate justice, and good governance.

In the Asia Pacific region, we deliver cutting edge pro bono programs. This includes our Know Your Rights Program, focused on fostering legal empowerment for migrants and refugees, and delivering practical legal skills programs to students in developing Pacific Island Nations. We also advise on gender based violence through our partnership with the RainLily Clinic (Hong Kong) and the Refugee Legal Family Violence Clinic (Australia).

Our Pro Bono program is led by a dedicated team of pro bono lawyers who sit within the international Responsible Business Team. As a team we are committed to looking for opportunities to use our strength as a leading global law firm to make a positive contribution to the world around us. We are focused on being a truly sustainable business, makes a positive social and environmental impact. This commitment exists at every level within the firm and is part of our culture.

Our Responsible Business team works internationally on a vast array of ESG topics, aligning to the firm’s ESG strategic priorities. This includes advising on key environmental and conservation matters, working on projects relating to illegal wildlife trafficking, climate and conservation. We also work to promote and invest in projects that advance sustainable development and the rule of law in developing nations.

DLA Piper’s pro bono work forms part of the firm’s wider Sustainability & ESG Strategy, focused on understanding, measuring and managing the firm’s impact in four key areas – our people, clients and suppliers, environment, and society. These focus areas are identified through a formal materiality assessment. We also report on our progress annually via our Sustainability Report. Our ambitions and actions align with globally accepted standards and frameworks (e.g. the UN Global Compact, Business Ambition for 1.5, Science Based Targets initiative, Mindful Business Charter, and others).

We are firmly committed to diversity and inclusion. For us, diversity isn’t just about visible differences, it’s the unique blend of talents, skills, experiences and perspectives that makes each of us an individual and we know it’s crucial to have a culture and environment where those differences are genuinely valued. In 2021, we launched our global diversity and inclusions goals, including ensuring that at least 30% of our partnership is made up of women by 2025 (and 40% by 2030). Our employee networks play a crucial part in helping us learn, reflect and share our experiences in diversity and inclusion.