Dechert has laid off partner Stephen Chan and three corporate associates in Hong Kong as the firm scales down its corporate offering in Greater China, according to two sources with knowledge of the matter.
Chan, who advises clients on corporate finance transactions, including public and private mergers and acquisitions, private equity, Real Estate Investment Trust listings, restructuring, takeovers, and initial public offerings, was told in January that he would have to seek out a new employer, one source told Law.com International.
