Cleary Gottlieb Excels in Chambers Asia 2010 Guide

Cleary Gottlieb continued its notable results in the Chambers Asia Guide to Asia’s Leading Lawyers for Business legal directory. The just-released 2010 edition ranks the leading law firms and lawyers in Asia in more than 20 practice areas. Reflecting our strength in the region, Chambers Asia distinguished 13 Cleary Gottlieb practices and seven Cleary Gottlieb lawyers working in China, Hong Kong, India, the Philippines and South Korea. The firm was 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-wide

Capital Markets: Debt and Capital Markets: Equity: “This firm is well known as a player in the US capital markets. In Asia, it operates out of offices in Hong Kong and Beijing, offering US law expertise on a range of capital markets deals centered principally on the Chinese and Korean markets. Handling both debt and equity work, the firm has most recently been active in the convertible bonds and rights offering spheres, where it is primarily called upon to act as underwriters’ counsel.”

Corporate/M&A and Corporate/M&A: Private Equity: “This firm directs its Asia practice through its Hong Kong and Beijing offices. As well as a strong presence in China itself, the firm enjoys great standing in the Korean market and is also strong in Taiwan, most notably in distressed acquisitions within the technology sector.”

China/Hong Kong

Capital Markets: US Law: “This well-rounded team was instructed on a combination of debt and equity deals over the past year. It handles regional debt transactions from its base in Hong Kong, and is particularly strong in the Philippines.”

Corporate/M&A: China Deals: “Cleary is a significant player in corporate and M&A work. It combines its robust M&A practice with excellent financing capabilities.”

Private Equity: China-based: Buyouts and Private Equity: Hong Kong-based: Buyouts: “Cleary is widely renowned for its first-rate global network and broad experience in international buyouts. This reputation extends to its Asia private equity practice, which is gaining momentum.”

India

Overseas Counsel: Capital Markets and Overseas Counsel: Corporate/M&A: “‘I have not met anybody at Cleary with whom I was disappointed,’ [says one client].”

Philippines

Overseas Counsel: “Clients agree that ‘the firm is easy to work with, approachable and always takes the time and effort to explain the risks of a deal properly.’ The Hong Kong office has a distinct profile in capital markets and high-value transactions. [The firm] is frequently engaged on high-profile work by the Republic.”

South Korea

Overseas Counsel: Capital Markets and Overseas Counsel: Corporate/M&A: “Clients describe this team as dedicated, smart, professional and commercially savvy; it advises primarily on capital markets and M&A. The group is historically known for its strong ties to issuers and has handled several impressive deals, despite the market downturn.”