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Asia Deal Digest: July 12, 2018
• Skadden advises mobile chat app Momo's $650 million convertible notes offer.• Paul Hastings acting on Korean logistics investment in Illinois.• Allen & Gledhill guides Singapore's first retail private equity bond.Freshfields tops European deal value rankings as activity levels plummet to five-year low
UK firms put in a strong show as deal values soar but volume levels dip globallyTop Hong Kong Court Says Lesbian Couple Should Receive Spousal Visa
Global law firms and banks said the ruling strengthens Hong Kong's ability to attract global talent, although same-sex marriage remains unrecognized in the jurisdiction.Linklaters follows magic circle rivals in raising US associate pay to Cravath heights
Pay hike for US associates brings firm in line with magic circle rivalsSkadden, Han Kun Lead on Chinese E-Commerce Site Meituan Dianping's $4B Hong Kong IPO
Davis Polk and Zhong Lun are underwriters' counsel on the proposed listing under a dual-class share structure.Asia Deal Digest: June 28, 2018
• Skadden, Davis Polk guide Chinese e-commerce company Meituan Dianping's $4 billion Hong Kong listing.• Hogan Lovells advises Google on $550 million Chinese retail investment.• Gibson Dunn represents Toyota Motor on Southeast Asian ride-hailing investment.Latham leads latest US firms matching top-of-the-market associate rates in London
Transatlantic trio match Cravath's associate pay rise in the UK and USWhite & Case boosts New York associate salaries to match Cravath but freezes London rates
UK associates will see salary bands frozen while those in the US will receive Cravath's increasesWhite & Case Boosts New York Associate Salaries to Match Cravath but Freezes London Rates
U.K. associates will see salary bands frozen while those in the U.S. will receive Cravath's increases.Reed Smith, Citing 'Interests of Clients,' Won't Increase Associate Salaries
While the firm is keeping its options open, the head of legal personnel said it has decided to hold salaries steady for now.Countdown to Compliance: SEC Private Fund Reforms
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