Myanmar has become one of Southeast Asia's more alluring destinations for foreign investment and law firms are paying attention along with the world as Aung San Suu Kyi, who won the Noble Peace Prize in 1991, was recently sworn in as an MP in Myanmar's first democratically elected government in more than 50 years. With the country's parliament now having a majority of National League for Democracy MPs along with the announced new foreign banking licenses and stock exchange, it is almost certain that foreign investment and opportunities for foreign lawyers will dramatically increase in years to come. While some question "western" involvement in the new political regime and hope for sustainable environmental outcomes and humanitarian efforts in the country, one can't deny this will be an economic and legal market and political regime to watch!
In the nineteenth and early twentieth centuries, Myanmar was one of the wealthiest countries in Southeast Asia and since it's first democratic multi-party elections in two decades in 2010 and a new Foreign Investment Law, there has been increasing levels of hope that it can regain its democratic status in the region and shine again. The recent appintment of PM Aung San Suu Kyi, well known for her of history peaceful resistance against the military that ruled the country since 1962, has resurrected a surge of hope for economic growth, open democracy and resolution to the countries internal political conflicts. Law firms, foreign attorneys and MNCs see opportunity and are moving in regardless of the still continued military presence and obstacles ahead.
Thomas A. Jones March 1st, 2016
While Asia’s markets continue to cool, the economies are still growing at a faster pace than the vast majority of other regions and we witnessed more partner moves in 2015 than in the past five years.
Representative Partner Moves—October 2015
Jennifer van Dale, Employment, moved from Gall Solicitors to Eversheds, Hong Kong.
Jini Lee, Debt Capital Markets, moved from Linklaters to Ashurst, Hong Kong.
Michael Withington, Disputes, moved from Gall Solicitors to Howse Williams Bowers, Hong Kong.
Yilong Du, Equity Capital Markets and M&A, moved from Goldman Sachs (Executive Director and Counsel) to Latham & Watkins, Hong Kong.
Pattie Walsh, Employment, moved from DLA Piper, London to Bird & Bird, Hong Kong and London.
Samantha Thompson, Corporate Finance and M&A, moved from Linklaters, Hong Kong to PricewaterhouseCoopers, London and Hong Kong.
Thomas A. Jones January 10th, 2016
Representative Partner Moves—July 2015
Giovanni Marino, M&A, FDI, moves from DLA Piper to Winston & Strawn, Hong Kong.
Jolson Ellwood-Russell, Finance, moves from DLA Piper to Simmons & Simmons, Hong Kong.
Christoper Morley, Anita Chow and Eric Seto, Litigation, move from Haldanes to Morley Chow Seto, Hong Kong.
Jeffrey Chen, Finance, moves from Cadwalader, Wickersham & Taft to Dentons, Hong Kong.
Patricia Tan Openshaw, M&A, moves from Paul Hastings to Gibson, Dunn & Crutcher, Hong Kong.
Nigel Pridmore, Finance, moves from Linklaters to Ashurst, Hong Kong. (more…)
Thomas A. Jones October 15th, 2015
Representative Partner Moves—April 2015
Hong Kong & Shanghai
David Ludwick, Capital Markets, moved from Linklaters to Freshfields Brockhaus Deringer, Hong Kong.
Stephanie Tang, M&A, moved from Kirkland & Ellis to Shearman & Sterling, Hong Kong.
Alan Freiman, Real Estate, Glenn Haley and Geoffrey Shaw, both Construction, Dispute Resolution, all moved from Haley & Co to Berwin Leighton Paisner, Hong Kong.
Tim Gardner, Private Equity, moved from Latham & Watkins to Weil, Gotshal & Manges, Hong Kong.
Scott Peterman, Private Equity, moved from Sidley Austin to Jones Day, Hong Kong.
Kyungseok Kim, Corporate, Private Equity, moved from Linklaters to White & Case, Hong Kong.
Anna Elshafei, Corporate, moved from Hogan Lovells to Miller, Canfield, Paddock & Stone, Shanghai.
Thomas A. Jones July 15th, 2015
Representative Partner Moves—January 2015
Vincent Sum, Structured Finance, moved from Bingham McCutcheon to Mayer Brown JSM, Hong Kong.
Ed Sheremeta, Real Estate, moved from DLA Piper to Ropes & Gray, Hong Kong.
Michael Liu, one of the most experienced Corporate Transactional attorneys in Hong Kong and his team of Jane Ng and Stephen Chan, along with several Counsel members move from Latham & Watkins to Cadwalader, Wickersham & Taft, Hong Kong.
Sarah Catchpole, Aviation, moved from Norton White, Sydney to Kennedys, Hong Kong.
Thomas A. Jones April 4th, 2015