Beijing and Shanghai. Asia Pacific.

Transcription

1 Beijing and Shanghai Asia Pacific

2 Beijing and Shanghai Asia Pacific A&O in China 9 partners 25+ years in China 12 offices across Asia Pacific 80% of work on cross-border mandates Allen & Overy was one of the very first international firms to establish a foothold in mainland China in 1987, through its participation in a consultancy set up to introduce international legal services to China. This is five years before foreign firms were allowed to establish a presence in China under their own name. Being one of the first in China has helped us sustain a stronghold in a number of key areas critical to cross-border business. It has also underpinned our position as one of very few go to firms for pioneering inbound and outbound deals, many of which have set a benchmark for Chinese corporations going global. Our China Group spans the globe and includes over 200 lawyers in Mainland China, Hong Kong, London, New York, Sydney and Continental Europe. International Law Firm of the Year IFLR Asia Awards 2014 M&A Team of the Year IFLR Asia Awards 2014 Banking & Finance International Team of the Year China Law & Practice Awards 2014 International Real Estate Law Firm of the Year Asian Legal Business Awards 2014 Syndicated Acquisition Finance Law Firm of the Year APLMA Awards 2014 Best Project Finance Law Firm The Asset Triple A Regional Awards 2014 Allen & Overy LLP 2015

3 Beijing and Shanghai Asia Pacific Our experience Banking & Finance Corporate/ M&A Shuanghui/Smithfield Foods Advising the mandated lead arrangers on a USD4 billion debt financing for Shuanghui s USD7.1bn acquisition of Smithfield Foods. Awarded Outbound Deal of the Year, China Law & Practice Awards 2014, and Best China Deal and Best Cross Border M&A Deal, FinanceAsia Awards Dynagreen Advising Dynagreen (as borrower) and Beijing state-owned Assets Management Co. (as guarantor) on the portfolio waste-to-energy project financing by Asian Development Bank one of the first facilities to be provided by an offshore lender to a PRC company in RMB (rather than USD). Awarded Project Finance Deal of the Year, China Law & Practice Awards Vinh Tan 1 Advising a group of Chinese lenders on the project financing of the 1,200 MW Vinh Tan 1 BOT power project in Vietnam to be invested in by China Sourthern Power Grid Corporation, China Power International and Vinacomin. Awarded 2013 Deal of the Year, China Business Law Journal Inbound Starr Advising on its acquisition of a 39.19% share in Dazhong Insurance Company. With its 20% stake acquired in 2011 (on which we also advised), this acquisition will take Starr s holding to 60% upon completion it will be the first approval granted by the China Insurance Regulatory Commission allowing a foreign investor to hold a majority stake in a PRC insurance company. Reckitt Benckiser Advising on its acquisition of Oriental Medicine Company, a Hong Kong holding company for three operating companies in China, which produces and distributes over-the-counter health products and traditional Chinese medicine products. JP Morgan Advising on its pre-ipo investment in a state-owned PRC high-tech software developer. The investment comprises two tranches, one being an onshore capital increase and the other a share sale and purchase of a shareholder of the target at the offshore level. Outbound ICBC Advising on its acquisition of 75.5% of the issued share capital of Tekstil Bankası, listed on Borsa Istanbul, from GSD Holding for approximately USD316 million. China Vanke Advising on its first investment in North America (a joint venture with Tishman Speyer), to acquire a 1.7 acre area of land located in San Francisco. Awarded Real Estate & Construction Deal of the Year, China Law & Practice CPI International Minerals Co. Ltd. Advising CPIIM, a wholly-owned subsidiary of China Power Investment Corporation, on the signing of the mining convention for CPIIM s world-scale alumina project in the Republic of Guinea the first mining convention signed since the recent comprehensive overhaul of the country s mining legislation, and a cornerstone for the complex USD6bn resource and infrastructure project. Allen & Overy LLP 2015

4 Private Equity Real Estate Intellectual Property PGGM Advising PGGM, a Dutch pension fund, on its co-investment with an Asiafocused infrastructure fund, in several water treatment facilities in China. Baring Private Equity Partners (Asia) Limited Advising on various investments in the PRC including a minority equity investment in a software programming business. Avenue Capital Advising on its USD52m Series B financing into certain Cayman and PRC entities of a group owning the Century 21 exclusive real estate brokerage franchise in the PRC. Brookfield Advising on its pre-ipo USD500m investment (with an ability to subscribe for a further USD250m) in convertible perpetual securities in China Xintiandi, part of the Shui On Land group, which owns interests in a portfolio of real estate assets in prime Shanghai locations. Tishman Speyer Advising on its (i) joint venture arrangement with Chengtou Group, a PRC state-owned real estate company and (ii) acquisition of equity interests in multiple project companies established by Lujiazui Group, a PRC state-owned developer, to jointly develop a portfolio of land in a prime location in the Bund area of Shanghai. Warburg Pincus Advising on its investments in the PRC including in (i) the e-shang logistics joint venture, (ii) an investment into a portfolio of joint ventures with Shanghai Red Star Macalline, and (iii) in CDG Retail, a related retail development and asset management company. Abbott Laboratories Obtaining the first preliminary injunction in a patent infringement case in the history of the Beijing courts on behalf of Abbott, based on a design patent. Novartis Representing Novartis in obtaining a preliminary injunction against off-label use that infringes Novartis patent by a generic company in Beijing the first preliminary injunction of this kind in China. RF Micro Devices Acting as lead counsel to RF Micro Devices on enforcing trade secrets against its former employees and the competing companies set up by them.

5 Regulatory International banks Advising on their various QFII/ RQFII investment structures relevant to their exposure to the PRC securities market via the investment quota of RQFIIs/QFIIs. Compliance Advising a financial institution on various compliance matters in relation to its derivatives business from the perspectives of the Dodd-Frank Act in the U.S., EMIR in the EU, and the relevant derivative related regulations in Japan, Hong Kong and Singapore. Derivatives exposure/ Lehman Advising eight PRC banks including Bank of China, China Construction Bank, China Development Bank and The Export and Import Bank of China on their derivatives exposure to Lehman entities. Tier 1 Competition/ Antitrust Practice Two years in a row, IFLR & 2013 Antitrust & Competition Merck KGaA Advising on its public takeover of AZ Electronic Materials involving seven filings around the world, including a four month complex review in China. Seagate Technology Advising on the EU and worldwide merger control aspects of its USD1.4bn acquisition of the hard disk drive business of Samsung Electronics. The acquisition was cleared after Phase II proceedings around the world and involved coordinating strategy, not only with the EU Commission but also with the US FTC, KFTC, JFTC and MOFCOM. Awarded Matter of the Year by Global Competition Review Jinchuan Group Limited Advising on its multi-jurisdictional merger filings in respect of its takeover of Metorex, a South Africanbased producer of copper and cobalt listed on the Johannesburg Stock Exchange one of the first multijurisdictional filings conducted by a Chinese state-owned enterprise. Allen & Overy LLP s team is consistently impressive and noted for its strategic thinking, and has expertise across the full range of banking and finance, including global loans, acquisition finance, project finance, restructuring, real estate finance, asset finance, derivatives, structured finance, investment funds, and China inbound and outbound investment. Legal 500, Banking and Finance, 2014 provides world-class legal support in China, with consistent quality and professionalism across the board. Chambers Asia, Corporate/M&A (China),

6 For more information, please contact: Beijing Allen & Overy LLP, Beijing office 46th Floor China World Tower No. 1 Jian Guo Men Wai Avenue Beijing PRC Tel Fax Shanghai Allen & Overy LLP, Shanghai office 15F, Phase II, Shanghai IFC, 8 Century Avenue, Pudong, Shanghai PRC Tel Fax Office contacts Joseph Tse Senior Partner, Greater China Tel joseph.tse@allenovery.com Richard Kim Managing and Shanghai Tel richard.kim@allenovery.com Benjamin Bai Partner, Shanghai Tel benjamin.bai@allenovery.com Matthew Bisley Partner, Shanghai Tel matthew.bisley@allenovery.com Victor Ho Tel victor.ho@allenovery.com Yvonne Ho Tel yvonne.ho@allenovery.com Jane Jiang Tel jane.jiang@allenovery.com Ling Li Tel ling.li@allenovery.com Ji Zou Partner, Shanghai Tel ji.zou@allenovery.com GLOBAL PRESENCE Allen & Overy is an international legal practice with approximately 5,000 people, including some 526 partners, working in 46 offices worldwide. Allen & Overy LLP or an affiliated undertaking has an office in each of: Abu Dhabi Casablanca London Rome Amsterdam Doha Luxembourg São Paulo Antwerp Dubai Madrid Shanghai Athens (representative office) Bangkok Düsseldorf Frankfurt Mannheim Milan Singapore Sydney Barcelona Hamburg Moscow Tokyo Beijing Hanoi Munich Toronto Belfast Ho Chi Minh City New York Warsaw Bratislava Hong Kong Paris Washington, D.C. Brussels Istanbul Perth Yangon Bucharest (associated office) Budapest Jakarta (associated office) Johannesburg Prague Riyadh (associated office) Allen & Overy means Allen & Overy LLP and/or its affiliated undertakings. The term partner is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications or an individual with equivalent status in one of Allen & Overy LLP s affiliated undertakings. Allen & Overy LLP 2015 CS