Cleary Gottlieb Achieves Excellent Results in Chambers Asia 2011 Guide

March 15, 2011

Cleary Gottlieb has been acclaimed in the latest edition of the Chambers Asia Guide to Asia’s Leading Lawyers for Business, with 13 of the firm’s practices and eight partners and counsel working in China (including Hong Kong), India, the Philippines and South Korea highlighted. In addition, the firm was profiled for the first time in Malaysia and also commended for its “Asia-wide” work.

The following Cleary Gottlieb practices are recognized for being among the best in their respective regions based on Chambers Asia’s interviews with firm clients and competitors:

Asia-Pacific Region 

Capital Markets: Debt and Capital Markets: Equity: “The Hong Kong and Beijing offices of this firm are principally seen on the issuer side of debt and equity capital market transactions. The seven-partner team is especially recognized for its China and Korea work, with four Korean-speaking partners in Hong Kong and a Mandarin and Cantonese-speaking partner based in the Beijing office. Sources say: ‘They have the right size of team and a global reach.’” 

Corporate/M&A and Corporate/M&A: Private Equity: “Operating out of offices in Hong Kong and Beijing, this firm’s reach extends to South Korea, India, the Philippines and Malaysia, where it is a leading provider of advice on complex corporate matters.”

China

Capital Markets: US Law (International Firms): “This well-established team remains a significant player in the equity market. It offers exceptional US law capabilities, representing issuers and underwriters in high-end deals. The team is also capable of handling liability management transactions and bond issues.” 

Corporate/M&A: High-end Capability (International Firms): “This group is well known for its prowess in private equity-related M&A, and market authorities highlight that it has developed a good understanding of the local market. The firm has 40 lawyers resident in Hong Kong and Beijing, undertaking domestic and cross-border transactions. The bulk of the M&A deal flow is inbound, although the group’s outbound activity is increasing, particularly on behalf of Chinese companies. Private equity investment is another significant source of instruction. Sources say: ‘Cleary has done a good job of localizing its knowledge base.’” 

Private Equity: Buyouts (International Firms): “Cleary’s corporate/M&A and private equity group is a firmly established name in this field. With offices in Beijing and Hong Kong, it offers lawyers who are fluent in both Chinese and English and act on complex private equity transactions and buyouts across the region. Sources say: ‘An exceptionally good firm, with a great global reputation.’”

India 

Capital Markets and Corporate/M&A (International Firms): “The team at Cleary Gottlieb handles a steady stream of high-end work out of Hong Kong and London. It deals with both inbound and outbound work for a range of high-profile clients, as well as international companies establishing themselves in the country. It also handles complex M&A and private equity transactions. Sources say: ‘They have a strong team that does high-end work.’”

Malaysia 

Corporate & Finance (International Firms): “This firm has developed a strong reputation for its work on finance, M&A and real estate matters across Asia, including Malaysia. The team’s Asia offering is split between offices in Beijing and Hong Kong and acts for multinational corporations, banks and financial institutions.”

Philippines 

Corporate & Finance: Overseas Counsel: “This firm has been advising on deals in the Philippines for more than 20 years, and is a perennial presence on the country’s most complex deals. Operating from its Hong Kong office, the team has proven expertise, particularly in capital markets transactions and M&A.”

South Korea 

Capital Markets: Overseas Counsel and Corporate/M&A: Overseas Counsel: “This firm is at the top of the list for many significant Korean corporates. It advises on a variety of capital raising and overseas investment transactions, fielding a 15-strong team of Korean-speaking lawyers. Sources say: ‘The most sought after, with the deepest bench and most resources. The firm is clearly the leader and a force in capital markets.’”

For complete results, please visit Chambers’ website.