Los Angeles-based Loeb & Loeb has hired two new partners in Hong Kong, but two others, including the former office managing partner, have left.
Capital markets lawyers Michael Fung and Alfred Lee both join from Locke Lord, where both were Hong Kong partners. Fung returns to Loeb & Loeb after four years with Locke Lord; earlier in his career, he practiced with K&L Gates in Hong Kong. Lee joined Locke Lord in 2013 when the Dallas-based firm entered an association with local firm Cheung & Lee, where he was a name partner. Cheung & Lee fully merged with Locke Lord in 2015.
Meanwhile, former office managing partner Benny Pang and partner Chloe Wang have both left Loeb & Loeb. Pang left the firm in January, according to Law Society of Hong Kong records—about six months after his own firm, Pang & Co., fully integrated with Loeb & Loeb .
In 2012, Loeb & Loeb entered Hong Kong by launching an association with Pang & Co. , a firm specializing in Hong Kong Stock Exchange listings and related transactions. Foreign law firms in Hong Kong are not allowed to practice local law without an association in the first three years.
Before joining Loeb & Loeb, Pang had been associated with French firm Salans, now Dentons, for three years. Prior to that, he was a partner with Paul Hastings in Hong Kong. Chloe Wang joined with Pang as a consultant and later became a partner at Loeb & Loeb.
Hong Kong partner Lawrence Venick has taken over as office managing partner. Pang continues his practice at Pang & Co.
Loeb & Loeb has seven partners in Hong Kong, including intellectual property and technology-focused partner Lewis Ho, who joined from Dechert in January. The Hong Kong and Beijing locations, which opened in 2009, are Loeb & Loeb’s only offices outside the United States.