Weil Gotshal & Manges law firm news

Simpson Thacher & Bartlett is the latest in a long line of elite US firms to undergo localisation following the moves of other Hong Kong-based US firms – most recently Davis Polk and Latham & Watkins which underwent the same process in 2010.

After more than 30 trips and five years of hard work, two Freehills lawyers have played a pivotal role in the introduction of a new law in the US which provides compensation for thousands of workers involved the post 9/11 clean-up.

Beijing-based Youku.com Inc, the biggest online video company in China and considered a YouTube clone by many, has recently launched its US$203m IPO on Nasdaq.

中国最大的在线视频企业优酷网近日在纽约首次公开发行募得2.03亿美元。优酷网的国内最大竞争对手土豆网也已申请在美国首次公开发行，但尚未确定上市日期。

Milbank has poached Mallesons Stephen Jacques partner Dieter Yih (who is also the vice-president of the Law Society of Hong Kong) to capitalise on the IPO listings boom in Hong Kong and benefit from strong deal activity in mainland China.

Jumeirah chief legal officer and general counsel Robert Swade has ruthlessly culled the group’s legal panel from 12 firms to five this year – with Al Tamimi, Mayer Brown, Clyde & Co and Pinsent Masons the only firms out of the original 12 to survive unscathed.

In a pullback from the market after many challenging years, News Corp has finally sold shares of its three Chinese TV channels to China Media Capital a fund backed by one of the country’s largest media company.

In a pullback from the market after many challenging years, News Corp has finally sold shares of its three Chinese TV channels to China Media Capital a fund backed by one of the country’s largest media company.

新闻集团近日宣布将出售旗下三家中国电视频道的控股权，受让方为上海文广新闻传媒集团旗下的华人文化产业投资基金。

Simmons & Simmons will soon launch its third China office in Beijing. As part of its expansion plan, the firm has appointed Davis Wang from King & Wood as a partner, who will be based in Beijing when the office opens.

英国西蒙斯律师事务所近日宣布，已吸纳前金杜北京合伙人王德全加入，筹备开设北京代表处。

John Fadely has joined Weil Gotshal & Manges as a partner in its Hong Kong office.

What happens when the main source of revenue for most aviation practices in Asia dries up?

Shearman & Sterling’s Hong Kong office will gain Hong Kong law capability after it merges with the new law firm of two former O’Melveny & Myers (OMM) lawyers.

Just because you’re a mid-tier US firm doesn’t mean you have to limit yourself to mid-cap clients. Not here in China anyway. ALB China investigates

AVIC and GE recently signed the framework agreement to set up 50/50 JV to provide avionic products and services for future civil aviation programs in the worldwide market. Run Ming was advisor to AVIC.

中国航空工业近日与美国通用电气在北京签署建立航空电子合资公司的框架协议。润明和Weil Gotshal分头为来两家公司提供法律咨询。　

Simmons & Simmons and local Omani firm Al Busaidy, Mansoor Jamal & Co have beaten ten others to provide legal advice on the Middle East’s first imported coal-fired project, the Duqm IWPP.

Australian lawyers that are looking to gain experience in Asia will be heartened by the news that there appears to be a shortage of qualified lawyers in the region

Lawyers in Asia are hoping that reports of a recovering economy will breathe life into a barren legal recruitment market. ALB investigates whether firms are already on the lookout for new lawyers.