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Skadden stars in YY’s proposed $3.7 bln take-private deal

BY Kanishk Verghese, Reuters |

Skadden, Arps, Slate, Meagher & Flom has advised the chairman and chief executive of Chinese video streaming website operator YY Inc on their bid to take the company private.
China says top judge under investigation for corruption

BY Reuters |

A judge on China's highest court has come under investigation for corruption, becoming one of the most senior judicial officials to be swept up by the country's anti-graft dragnet.
Two more Chinese tech companies get buyout offers from CEOs

BY Reuters |

Chinese video streaming website operator YY Inc and online retailer E-Commerce China DangDang Inc became the latest in a string of Chinese companies to get offers to be taken private.
China's draft cybersecurity law could up censorship, irk business

BY Reuters |

China's parliament has published a draft cybersecurity law that consolidates Beijing's control over data, with potentially significant consequences for internet service providers and multinational firms doing business in the country.
Canadian law firm Gowlings, Britain's WLG to merge

BY Reuters |

Canadian law firm Gowlings has agreed to merge with Britain's Wragge Lawrence Graham & Co in a deal that could lead to further international expansion, the two firms have said.
Shearman advises Mongolia on its dim sum bond debut

BY ALB, Reuters |

Shearman & Sterling and local firm GTs Advocates have advised the Mongolian government on its sale of an offshore yuan bond, making it the second country after Britain to issue yuan-denominated bonds.
China curbs IPOs, enlists brokers in all-out bid to end market rout

BY Reuters |

China froze share offers and set up a market-stabilization fund the Wall Street Journal said, as Beijing intensified efforts to pull stock markets out of a nose-dive that is threatening the world's second-largest economy.
KWM, DeHeng on Xinhua online arm’s $240 million Shanghai IPO

BY Shangjing Li, Reuters |

King & Wood Mallesons has advised Xinhuanet, the online arm of China’s official Xinhua news agency, on its IPO, which could be worth more than $240 million.
China adopts new law to make networks, systems 'controllable'

BY Reuters |

China's legislature adopted a national security law that will enable authorities to "take all necessary" measures to safeguard territorial sovereignty and ensure full control over the country's Internet infrastructure.
Portugal gets three bids from China, U.S. for state-rescued Novo Banco

BY Reuters |

Two Chinese bidders and U.S. fund Apollo Global Management LLC have submitted binding offers for Portugal's Novo Banco, the successor to Banco Espirito Santo after a state rescue last year, sources familiar with the bidding process said.