Monday, May 19, 2014

Olympus Case Raises Litigation Stakes in Japan

Headlines

• Olympus Case Raises Litigation Stakes in Japan

• JP Morgan Lawyer Moves to DLA Piper Hong Kong

• Three Firms on Macau Power Deal

• Goodwin Procter Adds Two Partners in Hong Kong

• Freshfields Leads on Massive Citic Restructuring

• China Announces GSK Charges

Olympus Case Raises Litigation Stakes in Japan

The Japanese electronics company is now facing some 20 lawsuits over its 2011 accounting fraud scandal, in which executives admitted concealing losses over a period of 13 years. The $851 million in damages sought represents something of a milestone in litigation-averse Japan, though obstacles remain to further large-scale cases. Read More »

JP Morgan Lawyer Moves to DLA Piper Hong Kong

Julia Gorham, who previously headed Asia litigation for the investment bank, will lead DLA Piper's employment practice in the region. Read More »

Three Firms on Macau Power Deal

A Chinese state-owned company is acquiring a 38 percent stake in Macau's sole power company for $312 million. Read More »

Goodwin Procter Adds Two Partners in Hong Kong

Christopher Yu and Andrew Yang were previously associates at Cleary Gottlieb Steen & Hamilton and Milbank, Tweed, Hadley & McCloy, respectively. Read More »

Freshfields Leads on Massive Citic Restructuring

A Hong Kong subsidiary of the Chinese state-owned investment company is acquiring the assets of its parent for $37 billion. Read More »

China Announces GSK Charges

The Chinese government said Wednesday it had concluded a corruption investigation into the British pharmaceutical giant and would be charging three former executives, including the company's China legal director. Read More »



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