Walkers law firm news

The Cayman Islands unit trust continues to be the vehicle of choice for funds aimed at the Japanese market, primarily for tax and regulatory reasons. In the following, I will consider some of the commonly asked questions that clients and professionals alike have in relation to unit trust structures.

Baker & McKenzie, Conyers Dill & Pearman, Walkers, Hogan Lovells, Sheppard, Mullin, Richter & Hampton and Thorp Alberga have all played a role in advising on the joint acquisition of Tongjitang Chinese Medical Company in a transaction that “opens the door for Cayman-incorporated companies that may be seeking a more flexible procedure for US delisting and going private.”

BVI firm Barker Adams has opened its first overseas office after launching in Singapore.

The rapidly growing renewable energy market is moving into overdrive as China Suntien Green Energy becomes the fourth Chinese clean-energy company to list on the Hong Kong Stock Exchange in a little over two weeks.

伴随可再生能源市场的回暖，中国新能源企业再次掀起香港上市热潮。 近日,新天绿色能源在香港上市,共筹得资金3.7亿美元。

Sicangco, Herbert Smith, ACCRA Law and Bakers have acted on the sale of BG Group’s indirectly held 40% stake in the Santa Rita and San Lorenzo natural gas-fired power plants in the Philippines to Korea Electric Power Corporation (KEPCO) for a net consideration of US$400m.

South Korea's Hanwha Chemicals has recently purchased a 50% stake in Solarfun Power Holdings or US$370m. The deal marks the latest attempt by Hanwha's parent, Hanwha Group, to raise its profile in China through acquisitions and public offerings.

Chadbourne & Parke has re-hired Gary Feulner as a senior counsel in its Dubai office.

Everton Robertson has joined offshore boutique Thorp Alberga as a partner in its newly-launched Hong Kong office.

Walkers has appointed the current head of its insolvency and corporate recovery group, Guy Locke, to the flagship role of head of Asia to meet increased demand in the area.

Cayman Islands boutique firm, Thorp Alberga, has opened in Hong Kong where it will be led by former Maples and Calder partners Richard Thorp and Harriet Unger

Offshore firm Appleby has boosted its firm-wide partnership with the appointment of five new partners, three of whom arrive from its competitor – Walkers.

US firm Kaye Scholer and offshore firm Walkers have together advised Munsun Asset Management and its founder Li Xianghong on the launch of its first China-focused hedge fund.

Offshore firm Ogier will transfer lawyers to its Hong Kong office in a bid to become the first offshore firm with a Jersey and Guernsey law practice in Asia.

King & Wood, Commerce & Finance, Walkers, Baker & McKenzie and Skadden have been instructed on International Mining Machinery’s (IMM) US$326m IPO in Hong Kong.

金杜，贝克.麦肯思,Walkers,世达和通商一同协助国际煤机香港首次公开发行

Carol Hall, a specialist in hedge and private equity funds, has been appointed as the head of the newly formed investment funds group in Walkers’ Hong Kong office.

The Singapore and London offices of Ince & Co have helped structure a unique Islamic finance deal for Malaysian Islamic shipping fund Safeena.

While the rest of the world takes a year-long hiatus from making private equity transactions, China’s domestic PE industry, now led by domestic players, remains active and is fast evolving. A strong private equity market will not only drive economic growth but also foster a more sophisticated domestic PE legal fraternity.

Liquidity is once again available for companies looking to develop leisure assets in Asia, as Sands China has demonstrated with its recent US$2.5bn listing on the Hong Kong Stock Exchange.