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Withers takes 12-strong team from Winston & Strawn in Hong Kong

Withers has bulked up its Hong Kong corporate practice by taking a three-partner team from Winston & Strawn, which has recently closed two offices in Asia. The team joining Withers is led by Winston & Strawn’s Asia corporate head Mabel Lui and consists of corporate partners Polly Chu and Daniel Tang. They have joined the […]

Asia moves: Firms make flurry of promotions and hires in Australia

A flurry of firms, including Allens, KWM and Norton Rose Fulbright, have announced their latest promotions round in Australia. Allens has promoted six lawyers to partner across its Brisbane, Melbourne, Perth and Sydney offices. In Sydney, TMT lawyer Valeska Bloch and real estate-focused Alexandra Peace are among the newly made-up partners. In Melbourne, Robert Walker […]

Clifford Chance and Skadden advise on Chinese tech giant Tencent’s spin-off IPO

Skadden Arps Slate Meagher & Flom and Clifford Chance have bagged lead roles in the proposed $800m IPO of China Literature, the e-publishing unit of Chinese tech conglomerate Tencent. China Literature, which is one of the country’s largest online publishing and e-book company similar to Amazon Kindle, has sought out Skadden’s Hong Kong partner Julie […]

Clydes revenue up 14 per cent while PEP slips to £650k

Clyde & Co’s revenue has grown by 14 per cent to £508m while net profit increased by 9 per cent to £127.6m, the firm’s latest financial results show. This revenue jump is bigger than that of 2015/16, when the firm’s turnover stood at £447.3m having grown by 13.1 per cent on the previous year. Average profit […]

RPC financials: revenue growth slows and profit falls by 8%

RPC has seen its profits slump by 8 per cent in the 2016/17 financial year and turnover grow by 2 per cent, reaching a record-high of £103m. In the previous financial year, RPC chose not to publish net profit and The Lawyer estimated the figure at £31.3m. According to the firm’s latest figures, this has now dropped […]

Shoosmiths advises easyHotel on Oxford move

Shoosmiths has advised easyHotel UK Limited on an agreement for lease to take a 25-year lease of a new build Hotel in Oxford, the first such lease for the hotel chain. The Shoosmiths team that advised easyHotel was led by real estate partner Catherine Williams with assistance from Heidi Brennan on construction and Matthew Stimson on planning. […]

Ogier in Luxembourg advises on £260m acquisition of Soho building

Ogier has advised Emperor International Holdings Limited (Emperor) in Luxembourg on the acquisition of Soho’s Ampersand Building. Emperor, a Hong Kong-based investment holding company, which is principally engaged in property investments, property development and self-run hotel, purchased the building for £260 million. Partners Fabien Debroise and Bertrand Geradin led the Ogier teams in Luxembourg, working […]

INOFEA’s financing round

INOFEA AG in Basel, a company developing and commercialising a highly innovative nanotechnology platform to shield sensitive enzymes, successfully closed a financing round with contributions from returning as well as new private investors. INOFEA is a spin-out from the School of Life Sciences, University of Applied Sciences and Arts, Northwestern Switzerland (FHNW). VISCHER, with Dr. […]