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Six Uighurs Detained at Guantanamo Begin Life in Palau
The Associated Press
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Former Guantanamo Bay detainees on Tuesday thanked the people of Palau for taking them in, but signaled the Pacific Island nation would be a temporary home. The six ethnic Chinese Muslims began general orientation of their new home on Tuesday, getting their first look at the capital of Koror and meeting some officials. President Johnson Toribiong welcomed the group when they arrived before dawn Sunday on a secret flight, and he will treat them to a personal tour later this week.
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Australia / United States
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Watching U.S., Australian Law Firms Debate Lockstep Salaries
The American Lawyer
- The debate among U.S. firms over whether to keep or abandon lockstep compensation for associates is being closely watched from distant shores. The Australian, Australia's largest newspaper, reports that major firms there are also looking at introducing performance-based pay systems. "Over time I think you will see movement (in Australia) moving away from lockstep towards greater degrees of performance-based salary-setting," Robert Milliner, of Mallesons Stephen Jaques, told the newspaper.
Australia / Global Lawyer / Kazakhstan
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Trio of Expat Lawyers Found Guilty of Stealing Clients and Millions in Fees
The American Lawyer
- A trio of Australian expatriate lawyers working at their own firm, Temujin, in Kazakhstan, has been found guilty by a Sydney court of conspiring to steal clients and millions of dollars in fees from another expat-led firm at which they once worked. The Aussies reportedly lured oil and gas clients from the Almaty-based Michael Wilson & Partners. That firm's British founder, Michael E. Wilson, was formerly a partner for Baker & McKenzie in the region.
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Australia / China / Hong Kong
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Australian Firms Building Bridges to China, via London
The American Lawyer
- Recently regarded as regional also-rans next to U.S. and U.K. global players, Australian firms have been raising their profiles in the past year. They could aggressively expand in Asia's biggest markets, but that would mean going toe-to-toe with wealthier U.S. and U.K. firms that have already made large investments in offices and practices in the region, not to mention rising local firms. Teaming up with global firms may be their ticket in, but would their loss of independence be too high a price to pay?
Australia / Global Lawyer / United Kingdom
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Sullivan's London Arm Takes Lead Role on $2 Billion Rio Tinto Sell-Off
Legal Week
- Sullivan & Cromwell's London office has sealed its second deal for Rio Tinto in little more than a month, advising on the $2 billion disposal of four packaging business units of its subsidiary Alcan. The mining giant is offloading Alcan's tobacco and drug packaging units as well as its European and Asian food packaging arms to Australian group Amcor. Sullivan enlisted about 10 other firms for specialist advice across Europe.
Australia / China
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China Swallows up Australian Mining Company
The American Lawyer
- Chinese mining company Yanzhou Coal has struck a deal to acquire Australian coal company Felix Resources for $2.9 billion. This is the biggest deal between China and Australia since British-Australian mining giant Rio Tinto rejected China's offer of $19.5 billion in exchange for an 18.5 percent stake in the company. Felix was advised by Allens Arthur Robinson, a Sydney-based firm with offices throughout Asia. Yanzhou was represented by Australian firm Corrs Chambers Westgarth.
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