Davies Ward law firm news

Domestic firms have devised many different strategies to compete with their international rivals, especially with regard to work on outbound M&A transactions. An increasingly popular one is to join international alliances and legal networks, via which law firms can promote themselves as one -stop-shop, for Chinese clients.

如今，在海外进行投资并购的中国企业数量不断上涨，投资规模也与日俱增，中国律所因此更需要提高处理涉外或是跨国交易的能力和资源。

Mallesons Stephen Jaques continues to outrank Freehills according to Mergermarket's latest Asia Pacific M&A league table.

Bank of America Corporation's US$3bn strategic investment in China Construction Bank was the largest single foreign investment in a Chinese company and the first foreign strategic investment in one of China's 'big four' state-owned banks.

O'Melveny & Myers has advised Darby Asia Investors in its acquisition of a 20% interest in Meiya Power Company from Hydro Quebec International for a total cash consideration of US$84.6m.

Allen & Overy has boosted its distressed debt practice in Asia with the hire of Ian Johnson from Milbank Tweed Hadley & McCloy.