Rossana Chu, partner at YYC Legal, talks about the firm’s client-centric approach, its recent significant work highlights, and its strategic partnership with East & Concord Partners to enhance its cross-border transaction capabilities.
What specific qualities or services set YYC Legal apart from other law firms in Hong Kong, particularly in light of its recognition as one of the ALB Hong Kong Firms to Watch 2024?
YYC Legal LLP is a law firm that highly values our client’s trust in us. In our service process, we take into account clients’ genuine concerns which may be of commercial, financial, reputational or even social in nature. Also, we aim to be at the forefront of all legal developments so we can offer our clients innovative solutions to legal matters of different natures. With a comprehensive understanding of the legal landscape, we are committed to delivering high-quality legal services with a focus on efficiency and cost-effectiveness.
What have been some of the firm’s work highlights in the past month that demonstrate its expertise across practice areas and industry sectors?
- CITIC Group US$ 1.91 billion sale of its equity interests to China Huarong (awarded)
- Li Ning US$ 283 million acquisition of Van- sittart Investment
- Asia Allied Infrastructure US$ 32.2 million acquired majority interest of Modern Living (a GEM-listed company)
- A Hong Kong statutory body’s implementation of a data-sharing platform which accumulated over US$ 2.18 billion worth of transactions post-launch
- A Hong Kong licensed virtual bank’s implementation of virtual banking platform which garnered over US$ 576 million customer deposit size after launch
How does YYC Legal’s strategic partnership with East & Concord Partners enhance its ability to handle cross-border transactions and international litigations?
YYC Legal LLP’s association with East & Con-cord Partners (a reputable law firm based in Mainland China with over 200 partners and 600 legal professionals) started in January 2024. It expands the two firms’ global network and allows unparallel sharing of legal knowledge, clientele and market information. Cross-border issues in transactions and international litigations can be addressed by the two firms together in the comprehensive services provided to clients from China and other countries.
Since early 2024, the two firms jointly have won recognitions including “China Busi-ness Law Awards 2024”, “LegalOne Merits (Exemplary) Award 2023-2024”, “LegalOne Deals of the Year 2023 – China Book” and are shortlisted in the Chambers Asia-Pacific and Greater China Region Awards 2024.