King & Wood Mallesons (China)

China

Analysis

Overview

Prominent firm King & Wood Mallesons sits atop ranking tables across various practice areas.  Managing partner Ling Wang is a project finance specialist with deep expertise in the infrastructure and energy sectors. Disputes partner Ariel Ye has more than 25 years of experience in cross-border commercial dispute resolution, focusing on international arbitration and China related compliance work. The firm’s banking and finance team promoted Chunlong (Simon) Xu, Xiaoxue (Stella) Wang, Liang Qiu and Jie Chen to partners in September 2020. The firm’s dispute resolution team welcomed partners Feng Shan and Ling Wu, both joining from Grandall Law Firm 

Private equity

Work highlights 

Advised Mininglamp Group on its series E and series E+ financing 

Key clients 

All-Stars InvestmentBohao Internet Data Service, China Resources Capital ManagementJeneration 

Labour and employment

Work highlights 

Advised Beijing Bitmain Technologies on an arbitration against three of its employees over the violation of non-competition obligations. This case is the first of its kind regarding non-competition restrictions in the bitcoin industry. 

Advised Airbnb Information Technology (Beijing) on redundancy project. 

Intellectual property

Work highlights 

Represented Chinese search engine giant Baidu in defending a patent litigation filed by Beijing Sogou Technology Development 

Key clients 

Microsoft Corporation, Nokia, Novartis, Shanghai Story Silk Development, Silead 

Dispute resolution

Work highlights 

Advised a commercial bank in an asset management dispute against another commercial bank before the Supreme People’s Court. 

Advised a supervisor of Kangdexin Composite Material Group on Kangdexin’s administrative penalties’ case. 

Represented Standard Chartered Bank in a dispute arising from financial derivative products. 

Key clients 

Shenzhen Jiashengde InvestmentZhongtong Bus Holding 

Investment funds

Work highlights 

Advised China Everbright on the establishment of the Lightcontrol Wujiang Innovation Fund. 

Restructuring and insolvency

Work highlights 

Acted on the reorganisation of Tewoo Group Corporation and its 44 affiliates. This case has been ranked as one of the Top 10 Commercial Cases of 2020 by the highest court, which is the top recognition and reward in the restructuring and insolvency sector in China. 

Key clients 

Chongqing Lifan HoldingWintime EnergyXiwang Group Company 

Corporate and M&A

Work highlights 

Advised Tianjin Zhonghuan Semiconductor on its $298 million investment into Maxeon Solar TechnologiesThis transaction was one of the few spin-off listing transactions on the US market, and more specifically combined with cross border investment elements. 

Key clients 

FAWER Automotive PartsLG ChemTianjin Zhonghuan SemiconductorTsingtao Brewery Group 

Banking and finance

Work highlights 

Advised the syndication formed by Bank of China (Hong Kong)Banco Bilbao Vizcaya Argentaria (Hong Kong branch) and Natixis (Hong Kong branch) on acquisition financing to CPI Mexico Holdings for the purpose of purchasing the assets of a large clean energy platform company in MexicoThis was the first time a Chinese power company made an investment directly into the Mexican clean energy market, and was also the largest renewable energy acquisition transaction in Latin America in recent years. 

Key clients 

China Minsheng BankFoxconn Industrial InternetJaguar Land Rover (China) Investment 

Regulatory

Work highlights 

Advised Harbin Electric Machinerythe first generator and motor manufacturing enterprise, on regulatory matters