Global law firm Clyde & Co is delighted to announce that Lynia Lau has joined the firm’s energy and infrastructure team as a partner in Hong Kong.

Kirkland & Ellis acted as the Hong Kong legal adviser to the underwriters, led by Morgan Stanley, Deutsche Bank and BOCI, in the US$580 million initial public offering of Alberta, Canada, incorporated Sunshine Oilsands Ltd. (Stock code: 2012), which debuted its listing on the Hong Kong Stock Exchange today.

Global law firm K&L Gates LLP has added Neil Campbell as a finance partner in its Hong Kong office. He joins the firm from O’Melveny & Myers LLP, where he was co-leader of its Asia debt capital markets practice.

Mayer Brown JSM is pleased to announce that it has advised IFC Development Limited (“IFC Development”) in a HK$10 billion 3-year syndicated term loan facility to IFC Development Corporate Finance Limited.

International law firm Akin Gump Strauss Hauer & Feld LLP is to open an office in Hong Kong, PRC, further expanding its international footprint in Asia.

Squire Sanders announced a significant step forward in implementing its strategy to continue developing its presence in the Asia Pacific region.

Leading international law firm Clifford Chance has advised the Government of Singapore Investment Corporation (GIC) on the RMB189 million (approximately USD30 million) investment by its affiliate in convertible bonds in Hong Kong listed Li Ning Company Limited, a leading sports brand enterprise in China. GIC is an existing investor in Li Ning and this investment, which was made alongside a larger investment by TPG, takes GIC’s aggregate investment (together with its affiliates) to approximately 8% of the fully diluted share capital of Li Ning, assuming the bonds are fully converted.

Shearman & Sterling advised Citigroup Global Markets Inc., Banc of America Merrill Lynch, The Hongkong and Shanghai Banking Corporation Limited, UBS AG Singapore Branch and Barclays Bank PLC, as underwriters, in connection with the offering of US$1 billion in aggregate principle amount of 5.4% Guaranteed Senior Notes due 2022 of Reliance Holding USA, Inc. (Reliance), a wholly owned subsidiary of Reliance Industries Limited (RIL). The Notes are guaranteed by RIL.

DLA Piper announced today that it had advised the consortium of Korea Investment Management Co., Ltd., Samsung Securities Co., Ltd. and Daewoo Securities Co., Ltd. (the “Consortium”) in the acquisition of US$308 million worth of US oil assets in the Ankor offshore field (the “Ankor oil assets”) from Ankor E&P Holdings Corporation (“AEPH”) — a wholly owned US subsidiary of Korea National Oil Corporation (“KNOC”). The Ankor oil assets are located in the Outer Continental Shelf in the Gulf of Mexico, consisting of five producing offshore oil fields and various undeveloped leasehold interests.

Paul Hastings, a leading global law firm, announced today that it is advising the purchaser, Ascendas Hospitality Holdings Pte Ltd (“Ascendas”), Asia’s leading provider of business space solutions, in the entering of a sale and purchase agreement with a wholly-owned subsidiary of listed hotel developer Rosedale Hotel Holdings Limited for the acquisition of the entire issued share capital of More Star Limited, a company indirectly holding Rosedale Hotel Kowloon. The purchase is for a consideration of approximately HK$1.3 billion. The parties also agreed on terms for another subsidiary of Rosedale Hotel Holdings Limited to lease back the hotel for a period of six years from the date of completion.