Monthly Archives: October 2010

White & Case Advises Stadshypotek AB (publ) (“Stadshypotek”) on its US$15 Billion Medium Term Covered Bond Programme

Tuesday, October 19, 2010

Global law firm White & Case LLP has advised Stadshypotek on the establishment of its US$15 billion US Medium Term Covered Bond Programme and follow-on issuance of US$1 billion of 1.45% Covered Bonds due 2013 and US$600 million of floating rate Covered Bonds due 2013. These were the first ever issuances of covered bonds in the United States by a Nordic issuer.

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Tags:  White & Case LLP

K&L Gates Assists Clients in Responding to Attack on Foreclosure Practices through Formation of U.S. Foreclosure Task Force

Tuesday, October 19, 2010

Increased scrutiny of mortgage servicers’ foreclosure practices during recent weeks – including accusations of inaccurate and fraudulent paperwork, self-imposed moratoriums, threats of lawsuits, and calls for hearings, investigations, and federal and state legislation, among much other activity – has left loan servicers across the United States scrambling to ensure that they have procedures in place to comply with applicable laws and to brace for possible challenges to their past practices.

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Tags:  K&L Gates

Greenberg Traurig Maher LLP Represents EasyDate plc in its £4.4 Million (USD$6.9 million) Acquisition of Cupid.com

Friday, October 15, 2010

Greenberg Traurig Maher LLP announced that an international team of its attorneys assisted EasyDate plc, the UK’s leading online dating service, in recently completing the acquisition of US-based Cupid.com. The transaction was reportedly valued at £4.4 million (USD$6.9 million) and positioned as part of EasyDate’s ongoing expansion in 2010. More >>

Tags:  Greenberg Traurig LLP

VERY HOT LATERAL MARKET CONTINUES IN ASIA – OPENINGS LISTED HERE

Written by Robert Kinney
Thursday, October 14, 2010

Robert here. It continues to be a very busy year for lateral biglaw associate and partner hiring in Hong Kong / China. Further we have noticed that in HK, BJ and SHG there is more enthusiasm coming from US, UK and PRC firm partners, regarding the market, than we have seen since mid ’07. You can tell a big difference in enthusiasm by simply going to meetings in firm offices in those markets. Earlier this year, while it was a boom, there was optimism, but much more cautioned and guarded. Sure, the IPO boom at its current pace in China is not sustainable forever, but there is much less concern of a bubble burst or other type of economic downturn. Frankly, Hong Kong has become the market of choice for many major international companies and banks to have IPOs, with many choosing HK over NYC and London. Needless to say, US firms are going to be in and expand in HK / China for a long time. Offices are turning from outposts to much more substantial and strategic parts of US firms, globally.

Our Asia team is so busy, we have fallen behind on fully launching our new theasiachronicles.com blog and we apologize for that. Starting this weekend, we will have daily original posts, as promised (to go along with the numerous daily biglaw asia news posts).

For our readers in NYC who would like to meet us, please note that Robert and I will be in NYC again October 20 to 22. I will be back in China in a few weeks for meetings, as well as trying to catch the last days of the World Expo in Shanghai. Alexis is of course based in Hong Kong and Yuliya is based in Russia (not really Asia, but part of our Asia team nonetheless).

Of course this is the time of year when our 2L law student readers are choosing where to summer. If you would like to talk about your firm choices, with regards to the firms’ Asia practices and offices, we are happy to speak with you. Feel free to reach out any time.

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Tags:  Asia | Hong Kong