Reed Smith latest U.S. firm to scale back in China
Reed Smith LLP office in Manhattan, New York City. REUTERS/Andrew Kelly
Pittsburgh-founded Reed Smith is planning to close its Beijing office, becoming the latest major U.S. law firm to shrink its footprint in China. It will leave the firm with just one branch on the mainland, in Shanghai.
The firm has "decided to strategically consolidate our…
UK's Hill Dickinson forms strategic alliance with Singapore law firm PDLegal
UK-headquartered Hill Dickinson has entered into a formal law alliance (FLA) with PDLegal, a law firm based in Singapore, to expand its legal offerings in the region.
ALB joins hands with Tiantai for inaugural overseas forum in Jakarta
On July 9, ALB, in partnership with China Tiantai Law Firm, successfully hosted the ALB & Tiantai Forum 2024: Indonesia Investment Landscape - Legal and Regulatory Updates at the Ritz-Carlton Hotel in Jakarta.
PRC firms continue HK expansion as Wang Jing & GH opens office
Chinese law firm Wang Jing & GH has opened an office in Hong Kong, becoming the latest mainland Chinese legal practice to establish a presence in the Asian financial hub.
Finally, a win for foreign lenders in Indonesian debt restructuring
A recent ruling by an Indonesian court that fully admitted claims worth $560 million by private lenders to PT Visi Media Asia, allowing them to participate as creditors in the debt restructuring mechanism of the media company, has been hailed as “unprecedented” by the country’s lawyers.
Yingke launches Tokyo office
Beijing-headquartered Yingke Law Firm has established a new office in Tokyo, Japan, marking its 48th overseas branch.
U.S. law firm Rimon expands Asia presence with Tokyo office
San Francisco-headquartered law firm Rimon has opened an office in Tokyo, marking its entry into the Japanese market and expanding its presence in Asia to four cities.
India’s Precept forms UAE alliance with Ahmed AlRaeesi
Five-partner Indian law firm The Precept Law Offices has formed a strategic alliance with Dubai-based Ahmed AlRaeesi Advocates and Legal Consultants to serve clients in India and the United Arab Emirates.
Country Garden lenders' group hires advisers for debt revamp talks
Country Garden has total liabilities of $200 billion. That includes $11 billion offshore debt now deemed to be in default.
Perkins Coie latest U.S. firm to shutter office in China
U.S. law firm Perkins Coie has announced the closure of its Shanghai office, making it the latest international law firm to scale back operations in mainland China.