Latham & Watkins has launched an Asia litigation practice with a lateral hire from Jones Day’s Hong Kong office, the firm told The Am Law Daily on Monday. Simon Powell, a Hong Kong-qualified lawyer, has long been regarded as one of the region’s top insolvency and litigation specialists. He also advises financial institutions and companies in the region on securities and competition regulation, as well as commercial litigation.

Prior to joining Latham’s Hong Kong office last week, Powell had been acting as special counsel on Asia litigation for the Lehman Brothers estate in the Lehman bankruptcy.