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China: at the golden gates of wealth

As Clydes makes its China move, free trade zones clear way for deeper law firm links Clyde & Co did a ground-breaking deal in China last week. Through its Hong Kong arm the firm has established a joint venture with Chongqing-based West Link under the Mainland and Hong Kong Closer Economic Partnership Arrangement (Cepa). China…

Chinese government procures legal services

Public sector procurement is a hugely important source of income for many businesses – particularly in China. In 2012, government procurement across China was worth RMB1.4trn (£142bn), accounting for 11 per cent of China’s fiscal expenditure. But until recently, law firms were not a major beneficiary of China’s public spending. Last week’s news about the…

CC kicks off London managing partner hunt

Clifford Chance has kicked off the nominations process for the London managing partner elections ahead of the end of David Bickerton’s term in December. No date has been set for the vote but it is understood that the nominations committee has begun the ‘soundings’ process for candidates with partners invited to nominate themselves or put…

Ms Elina Koivumäki elected as Chairman of IAB Finland’s Data Protection Committee

Attorney-at-Law, Partner Elina Koivumäki has been elected as the Chairman of IAB Finland’s Data Protection Committee from 1 September 2013 onwards. The Committee is comprised of appointed expert members who collectively represent the wide variety of IAB members. IAB’s members cover all aspects of the digital ecosystem from advertisers to the media. As an organisation,…

Linklaters boosts Paris arbitration with four lateral hires

Linklaters has expanded its Paris arbitration group with the hire of a three-partner team from Paris-based Darrois Villey Maillot Brochier and Cleary Gottlieb Steen & Hamilton. In what will be a boost for the firm in Paris Linklatershas hired duo Pierre Duprey and Matthieu de Boisséson, who created the arbitration team at Paris-based Darrois Villey…

Corrs Advises Linc Energy On Acquisition Of The Blair Athol Coal Mine

Corrs Chambers Westgarth has advised Linc Energy Ltd and its subsidiary, New Emerald Coal Ltd, on the acquisition of the Blair Athol Coal Mine from Rio Tinto, J-Power, Leichhardt Coal and JCD Australia. The Blair Athol Coal Mine is located in Queensland’s Bowen Basin and is connected by rail to the Dalrymple Bay Coal Terminal…

Al Tamimi Opens Erbil Office Following Iraqi Growth

Middle Eastern firm Al Tamimi & Company has opened an Erbil office, following its launch in Baghdad eight years ago. The office in the Kurdistan capital is currently staffed by a senior associate and an associate, supported by other regional offices – particularly Baghdad and Amman. The main clients for the Erbil office are expected…

Government Of India Relaxes Norms For Foreign Acquirers In Public M&As

India MA The Reserve Bank of India (“RBI”) in continuance with its measures of liberalization of policies governing foreign direct investment (“FDI”) in India has, through its circular no. 38 dated September 6, 2013 (“Circular”), relaxed the restriction on non-resident investors in terms of acquisition of shares on the floor of stock exchange. In a…

Clyde's Knocks BLP Out Of UK200 Top 15 Corporate Table As Revenues Leap By A Third

Clyde & Co increased its corporate turnover by a third during 2012/13, with the group generating revenues of £70.7m over the financial year. It is significant growth for the firm, which has traditionally placed emphasis on its disputes practice, which generated revenues of £238m. The rapid growth of the corporate group means that the insurance…

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