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Asia Deal Digest: Jan. 24, 2019
• Kirkland helps Noble Group on $3.5 billion debt restructuring. • MoFo, Skadden on SoftBank's $2 billion investment in WeWork. • MinterEllison, Corrs on $147 million shopping center deal in Sydney.Baker Botts Adds London Partners From Latham, Jones Day
Richard Brown, an international equity capital markets partner from Latham & Watkins, and Nick Collins, a project development and project finance partner from Jones Day, moved to Baker Botts in London.Akin Gump Cited for Litigating Virgin Islands Case Without Bar Admission
With a ruling that stemmed from an underlying antitrust lawsuit, the U.S. Virgin Islands Supreme Court found that Akin Gump's lawyers failed to follow the rules required to represent a company in the territory's courts.Wilson Sonsini Adds China-Focused Patent Litigation Partner From Alston & Bird
Yitai Hu will split his time between Palo Alto, where he is primarily based, and the firm's China offices in Beijing, Shanghai and Hong Kong.U.S. Trade-Secret Theft Prosecutions Target China and Are on the Rise
'It's the first time you have an initiative within the DOJ focused on a particular country.'Trade Tensions Prompt Some Companies to Relocate From China, Survey Says
The American Chamber of Commerce in the People's Republic of China surveyed more than 430 member companies between Aug. 29 and Sept. 5 and found that about 30 percent of those businesses were seeking to relocate their China-based supply chains. That will mean more work for trade lawyers and the companies' general counsel.CFIUS Pilot Program May Not Affect As Many Businesses as Feared, Experts Say
Last week's sudden announcement that more foreign investments in American technology businesses would be subjected to national security reviews as early as November as part of a federal pilot program startled many, but some international trade law experts say not as many businesses may be affected as initially feared.New CFIUS Foreign Investment Rules Prompt Counsel to Scramble
“This is a time where proactivity is in the best interest of entities that are looking at foreign investors,” said one adviser.Global law firms face Russian reckoning as grip of Western sanctions tightens
International law firms are increasingly finding themselves cut off from key Russian clientsAmid Sanctions, Global Law Firms Face Russian Reckoning
International firms are finding themselves cut off from key Russian clients, and they're coping with increasing homegrown competition. But some are equipped to ride out the storm.Countdown to Compliance: SEC Private Fund Reforms
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