AZB, STB act on OYO’s $525 mln U.S. bet
AZB & Partners has acted for Oravel Stays, the parent of e-hotelier OYO, on its proposed $525 million acquisition of U.S. motel operator G6 Hospitality from PE fund Blackstone. Simpson Thacher & Bartlett acted for Blackstone on the deal.
Khaitan, CAM, Links act on Samvardhana Motherson’s $771 million QIP
Khaitan & Co has advised Samvardhana Motherson, one of the world’s largest suppliers of automotive components, on its recent $771 million fundraise through a qualified institutional placement (QIP)
HK: Hogan Lovells picks up partner duo from exiting Dechert
Anglo-American law firm Hogan Lovells has expanded its Hong Kong office with the addition of partners Maria Sit and Michael Wong and three associates from Dechert, which is set to close its Hong Kong operations.
Singapore: SH hires energy transition team from Penningtons
Stephenson Harwood has expanded its energy transition practice with the addition of a three-member team in Singapore from Penningtons Manches Cooper, led by partners Nick Dingemans and John Zadkovich.
Thailand: Tilleke brings on cap marks, tax partners from Deloitte, Kudun
Tilleke & Gibbins, Thailand’s largest law firm, has added Patcharaporn Pootranon and Saravut Krailadsiri as Bangkok-based partners in its capital markets and tax practices, respectively.
Drew secures $3.5 bln judgment against Lim family in Hin Leong case
Singapore Big Four law firm Drew & Napier has successfully represented liquidators in securing a $3.5 billion judgment against former oil tycoon Lim Oon Kuin, known as OK Lim, and his two children in Singapore's largest reported fraudulent trading case.
Offshore firm Campbells bolsters HK team with lit partner from Walkers
Offshore law firm Campbells has hired litigator Stuart D'Addona as a partner in Hong Kong from Walkers, where he spent nearly a decade.
Nishimura, MHM advise on Dai-ichi Life’s $2 bln acquisition of Benefit One
Nishimura & Asahi has advised Japanese life insurance giant Dai-ichi Life Holdings on its 2.9-trillion-yen ($2 billion) acquisition of healthcare platform Benefit One, which was represented by Mori Hamada & Matsumoto.
AZB launches Taiwan desk to support growing India-Taiwan business
Indian law firm AZB & Partners has launched a Taiwan desk, citing the “growing significance of Taiwan as a trading partner of India.” The desk will be led by head of the firm’s Chennai office, Aarthi Sivanandh.
Simpson Thacher advises CVC Capital on $6.8 bln Asia fund
U.S. law firm Simpson Thacher & Bartlett has advised PE fund CVC Capital Partners on the establishment of its sixth Asia fund, CVC Capital Partners Asia VI, which raised $6.8 billion.