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Herbert Smith Freehills Drops Singapore QFLP License
Singapore's Ministry of Law announced Friday that four other foreign firms renewed their licenses, which allow them to practice Singapore law in exchange for meeting certain local hiring and revenue targets, while one firm was given a one-year conditional extension.Bird & Bird Enters Korea Alliance
The U.K. firm has signed a nonexclusive agreement with 95-lawyer Hwang Mok Park.Skadden on Acquisition of Shell Australia Assets
Dutch trading company Vitol is buying the oil giant's refining and retail businesses in Australia.British Firms Not Conceding on U.S. Law Work in Asia
Slaughter and May's recent recruitment in Hong Kong of its first-ever lateral and first-ever U.S. law partner underscores the importance of U.S. law in Asia capital markets in particular. Though top British firms have notably failed to flourish in New York, they are determined to not let U.S. law become their Achilles heel in Hong Kong, where they face stiff competition from actual American firms.Asia Deal Digest: February 13, 2014
* Singapore's Puma Energy turns to Cleary for a $750 million notes issue in Luxembourg* Skadden advises Chinese SOE on Alcatel-Lucent Enterprise acquisition* Maddocks and Stikeman Elliott on the $479 million acquisition of an Aussie dairy products companyStephenson Harwood to Launch Korea Office
The U.K. firm has recruited DLA Piper partner Michael Kim to lead its planned office in Seoul.Norton Rose Fulbright Adds Hong Kong Partner
Insurance litigator Declan McDaid was previously a partner with Hong Kong firm Deacons.Deloitte Dabbles in Chinese Legal Practice
If the Chinese arms of the Big Four accounting firms get suspended from auditing, at least one of them may have something to fall back on. Deloitte quietly opened a Shanghai law firm last year with seven professionals, the most senior of whom are also Deloitte partners.K&L Gates Adds Hong Kong Partner
Greg Heaton was previously a partner in Hong Kong with Deacons.Asia Deal Digest: January 23, 2014
* S&C, Simpson on Anheuser-Busch InBev's $5.8 billion repurchase of Korea's Oriental Brewery from PE shops* Simpson, S&C again on a $2.5 billion Mitsubishi Motors share sale* Linklaters advises Hong Kong conglomerate Jardine Matheson on an investment in car dealerships in ChinaTrending Stories
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