China and Hong Kong brochure - Allen & Overy

China
2012
www.allenovery.com

2
China | 2012
Our global footprint
Allen & Overy is an international legal practice with approximately 5,000 staff, including
some 512 partners, working in 42 major centres worldwide.
Our China Group spans the globe and includes over 200 lawyers in Mainland China, Hong Kong,
London, New York, Sydney, the Middle East and Continental Europe.
We assist European, Asian, North American and Middle Eastern companies, banks and financial
investors in fulfilling their commercial strategies in China. We also advise leading Chinese
corporations and financial institutions in relation to their outbound investments.
AFRICA
Casablanca
AMERICAS
New York
São Paulo
Washington D.C.
© Allen & Overy LLP 2012
ASIA PACIFIC
Bangkok
Beijing
Hanoi
Ho Chi Minh City
Hong Kong
Jakarta*
Perth
Shanghai
Singapore
Sydney
Tokyo
EUROPE
Amsterdam
Antwerp
Athens**
Belfast
Bratislava
Brussels
Bucharest*
Budapest
Düsseldorf
Frankfurt
Hamburg
Istanbul
London
Luxembourg
Madrid
Mannheim
Milan
Moscow
Munich
Paris
Prague
Rome
Warsaw
MIDDLE EAST
Abu Dhabi
Doha
Dubai
Riyadh*
* Associated offices
** Representative office

Supporting you in China
and worldwide
KEY FACTS
50+ lawyers in Beijing and Shanghai
130+ lawyers in Hong Kong
20+ years on-the-ground in China
3 offices in Beijing, Shanghai and Hong Kong
80%+ of our work is on
cross-border mandates
www.allenovery.com
3

4
China | 2012
Overview
Attributed to our more than 20 years’ experience
in China, we help the world’s leading companies,
banks and financial investors plan and implement
their strategies in China. We also advise leading
Chinese corporations and financial institutions in
relation to their outbound investments. Providing
solutions based on our local and international
expertise, our team of lawyers in China is able to
draw on the knowledge of more than 2,900 legal
staff and 512 partners in 42 offices.
© Allen & Overy LLP 2012

Awards
China – International
Firm of the Year
Chambers Asia Pacific, 2011
Restructuring
International Team of
the Year
China Law & Practice Awards, 2011
Banking & Finance
International Team of
the Year
China Law & Practice Awards, 2011
M&A Team of
the Year
IFLR Asia Awards, 2011
China Real Estate
International Law
Firm 2008, 2009 &
2010 – Tier 1
Chambers Asia
Real Estate &
Construction Deal of
the Year
China Law & Practice Awards, 2010
Equity Market
Deal of the Year
ALB Law Awards, 2011
Project Finance
Deal of the Year
China Law & Practice Awards, 2011
Energy and Natural
Resources Deal of
the Year
China Law & Practice Awards, 2011
www.allenovery.com
5

6
China | 2012
How people regard us
“‘It is a challenge to
find quality law firms
to navigate the PRC
laws and requirements
with clarity’, says one
client. ‘A&O is a
market leader in my
opinion for its ability to
provide clear advice with
an understanding of our
industry, internationally
and in China.’”
IFLR 1000
“A combination of
numerous market
recommendations and
an impressive deal list
from the M&A
team has pushed
Allen & Overy up
a tier.”
IFLR 1000
© Allen & Overy LLP 2012
“Allen & Overy’s
excellent reputation
in banking continues
to win the firm
mandates, particularly
in complicated financing
transactions.”
IFLR 1000
“Allen & Overy remains
as a leading player in
projects work.”
IFLR 1000
“This magic circle firm
has significant experience
in advising on the
full spectrum of real
estate matters in
China and accordingly
has a highly regarded
reputation in the market.”
Chambers and Partners
“A&O’s corporate and
financial institution
clients provided a broad
range of disputes for this
team. Sources agree that
‘the lawyers are well versed
in strategy and really
know what they are
doing’. Peter Thorp is…
‘a solid performer’,
particularly in
arbitration proceedings.”
Chambers and Partners
“Allen & Overy LLP
has been actively
advising Chinese clients
in relation to their
outbound investments.”
The Legal 500

“Being one of the premier
antitrust and competition
practices in the world,
Allen & Overy is able
to provide advice on
China-specific competition
matters in the context of
global trends.”
Chambers and Partners
“Allen & Overy
(PE team) stands
out because of its
responsiveness and
practical approach to
provide legal support...
Its (PE) client base
includes eminent private
equity players such as
Baring Private Equity
Partners, Carlyle,
Warburg Pincus,
Limitless, Goldman Sachs,
RBS, Och-Ziff and
DE Shaw.”
IFLR 1000
“With two offices in
China, this firm focuses
on advising telecoms,
Internet and media clients
on M&A, financing, IP
and technology licensing
issues.”
Chambers and Partners
www.allenovery.com
7

8
China | 2012
Our strengths
– Our lawyers have a thorough understanding and extensive
experience of the practical and legal issues that our clients
face in China.
– We manage our transactions and projects in a very
commercial manner. Our highly developed China platform,
which is one of the largest of any of the international
law firms, enables us to resource transactions with
practice and industry area specialists.
– We are involved in some of the largest, most significant and
cutting-edge transactions, projects and disputes in China.
– We have a strong reputation in cross-border work and
multi-jurisdictional acquisitions. Our extensive global
network and our ability to manage transactions
involving multiple offices seamlessly ensure that
we offer excellent and cost-effective service on large
multi-jurisdictional transactions.
© Allen & Overy LLP 2012

Our core strands
M&A, Corporate
and Commercial
We are a recognised market leader in
corporate and commercial transactions
in the PRC and worldwide. Our
services go beyond the traditional
core of corporate finance, mergers
and acquisitions and other corporateservicing
disciplines. We have a
dedicated team of corporate lawyers
who have practical experience gained
from the simplest to the most complex
transactions and are able to offer
constructive and innovative solutions
to clients.
Energy and
Infrastructure
Our Energy & Infrastructure
practice in the PRC looks at assets
as our clients do, cutting across
traditional disciplines such as M&A,
acquisition finance, project finance,
Islamic finance, securitisation, real
estate, and construction, to provide
a one-stop shop for all aspects of
legal advice needed in connection
with any investment in the energy
and infrastructure sectors.
We pride ourselves on our
understanding of the challenges all
commercial parties involved in energy
and infrastructure businesses face and
the innovative solutions that have been
developed to address them.
Finance
Allen & Overy’s Banking & Finance
practice in China is a leading practice
with strong capabilities across global
loans, asset finance, project finance,
structured finance, real estate finance,
leveraged finance and regulatory issues,
including with respect to derivatives
and other developing products in this
market.
We count among our clients numerous
Chinese corporate and financial
institutions that entrust us with the full
range of domestic and cross-border
transactions and rely on the depth and
breadth of our expertise, intellectual
rigour and proven track record of
finding successful and commercially
astute solutions.
Real Estate
Allen & Overy has a highly regarded
and well-established Real Estate
practice with extensive experience
throughout Asia. We have significant
on-the-ground experience advising
on real estate matters in the PRC and,
in recent years, have been involved in
some of the largest and most complex
real estate projects in China. We advise
on the full spectrum of commercial real
estate work and have a market-leading
reputation as a provider of blue-chip
property advice.
Financial Institutions
Group (FIG)
Allen & Overy’s FIG has an unrivalled
understanding of the financial
services sector in Asia. Our dedicated
cross-border team acts for numerous
financial institutions, advising the
world’s leading banks, insurers, asset
managers, brokers, investment funds
and mutuals on their most important
strategic transactions. The group
comprises over 60 partners globally,
including lawyers specialising in
M&A, capital markets, banking and
finance, financial regulatory, tax,
outsourcing and antitrust. In Asia, we
have considerable experience advising
financial institutions on M&A, capital
markets and other transactions across
a number of jurisdictions, including
Hong Kong and China.
www.allenovery.com
9

10
China | 2012
© Allen & Overy LLP 2012
Antitrust and
Competition
Our Beijing office has a highly
competent team of Chinese antitrust
specialists that work closely with
our antitrust team in the EU. They
are familiar with, and comfortable
in, the developing and sometimes
unpredictable Chinese regulatory
framework. They regularly assist
multinationals and private equity
firms with their merger control
filings in China. They also represent
large China producers and exporters
in the anti-dumping proceedings
initiated in the EU against
Chinese imports.
Employment
and Benefits
The need to be fully aware of your
obligations as an employer has never
been more critical. Markets are
increasingly global. Technology has
increased the risk of misconduct.
Anti-discrimination legislation is
affecting the workplace and pension
rights grow steadily. Our team in
Mainland China and Hong Kong
is experienced in advising on all
areas of employment and benefits
law, including the termination
of employment, enforcement
of restrictive covenants and
confidentiality obligations.
Regulatory
We have been in China for
some 21 years and we have developed
in-depth relationships with the
key Chinese regulators including
CBRC, CSRC, SAFE, NDRC,
MOFCOM and many regulators at
local level including in key locations
such as Beijing, Shanghai, Tianjin,
Chengdu, Hangzhou, Guangzhou,
and Shenzhen.
Allen & Overy has a team of
regulatory experts that work closely
with regulators, and who keep track
of the ever-changing legislation
and advise regulated entities and
corporations on the full spectrum
of regulatory issues to manage
and minimise operational and
business risks.

Litigation and
Dispute Resolution
We have an outstanding Litigation
and Dispute Resolution team in
mainland China and Hong Kong,
led by recognised experts in
the field.
The team specialises in advising major
corporates and financial institutions
on the resolution of high-value,
complex and cross-border disputes
and regulatory investigations. The
team’s capability and experience
covers all dispute resolution methods,
including litigation, arbitration and
mediation. This enables us to produce
effective solutions in any dispute in
which our clients may find themselves
involved.
Our truly international Litigation
and Dispute Resolution practice,
top-ranked in Europe, Asia and
the U.S., operates as one team on
an increasing number of multijurisdictional
matters.
We are renowned for our strategic
approach and our dedication to the
delivery of results. Our experience and
relationships provide us with a unique
view of the law and practice across
many industries and jurisdictions. We
are increasingly asked by clients to
provide strategic advice on
the management of legal and
litigation risk.
Private Equity
We have built a team in Hong Kong
and mainland China experienced in
all aspects of private equity
investments throughout the stages
of fund formation and capitalisation,
equity investment transactions,
leveraged and management buyouts,
exit strategies and troubled company
turn-around investments. We also
offer in-depth sector expertise
such as CMT, real estate, retail,
pharmaceutical and energy &
utilities. Our track record in China
demonstrates our ability to handle
complex cross-border transactions
across a broad range of industries.
In addition, we have been actively
advising on RMB funds transactions.
Investment Funds
Our Investment Funds group
regularly advises on the establishment
and ongoing operation of a wide
range of investment funds. We
have particular capabilities in
relation to real estate, hedge,
regulated & structured, private
equity, infrastructure, sharia and
sovereign wealth funds, and we have
a significant track record in providing
and implementing innovative ideas
for asset managers and investors in
developing new funds. We assist asset
managers on all aspects of setting
up new investment funds, including
fund structuring, drafting offering
materials, drafting constitutional
documentation, joint venture
arrangements, negotiating with
investors and handling closings.
Intellectual Property
With the new addition of leading
IP practitioner Benjamin Bai, who
recently joined us as a partner to
head our IP practice in mainland
China, we are one of the few large,
full-service international firms that
have an on-the-ground market-leading
IP presence in China. Benjamin is
a trained scientist with a Masters
and PhD degree in chemistry from
Rice University, and a seasoned
U.S. patent attorney. He has extensive
experience in IP litigation and other
matters in mainland China and is one
of the top practitioners.
www.allenovery.com
11

12
China | 2012
Helping Chinese clients
“going global”
We advise leading China corporations
and financial institutions on a range
of legal issues in relation to outbound
investment, including:
– M&A/joint
ventures/equity
investments and
other commercial
arrangements
– Raising funds
via the equity
capital markets
– Regulatory issues
© Allen & Overy LLP 2012
– Antitrust and
competition issues
– Projects
– Asset financing
– Export credit
financing
– Derivatives and
structured financing
– Real estate
investments
– Fund structuring,
including in relation
to tax efficiencies
– Intellectual property
– Litigation and
dispute resolution

China group – global network
We have established the China group in
various offices throughout Allen & Overy’s
global network. It focuses on M&A, foreign
direct investment, project financings, acquisition
financings, litigation and dispute resolution.
The China group advises both domestic and
international corporations and financial
institutions that invest in China, as well as
Chinese enterprises that invest outside China.
The Group includes lawyers who are fluent in
Mandarin and/or Cantonese.
www.allenovery.com
13

14
China | 2012
Some of the clients we advise
in China
International clients
– Asian Development
Bank
– Bank of America/
Merrill Lynch
– Barclays Capital
– BNP Paribas
– Bupa
– Citigroup
– Credit Suisse
– C.V. Starr & Co., Inc.
– Danone
– Deutsche Bank
– Discovery
– DP World
– Fortis Bank
– GE
– Goldman Sachs
© Allen & Overy LLP 2012
– HSBC
– Huntsman International
LLC
– IFC
– ING
– JPMorgan Chase & Co.
– Lloyds TSB Insurance
– Macquarie Bank
– Magna International Inc.
– Mitsubishi Corporation
– Morgan Stanley
– Nestlé
– Nomura
– Novartis
– The Royal Bank
of Scotland
– RSA
– Sasol
– Shell
– Smiths Group
– Société Générale
– Standard Chartered
Bank
– Tesco
– The Carlyle Group
– Thomson Reuters
– Total
– Tyco International, Ltd.
– United Bank of
Switzerland
– Veolia Environnement
– Warburg Pincus
– WPP

Chinese clients
– Agricultural Bank of
China
– Aluminum Corporation
of China Limited
– Bank of China
– Baosteel
– China Construction
Bank
– China Development
Bank
– China Export & Credit
Insurance Corporation
– China Investment
Corporation
– China Life
– China National
Chemicals Import &
Export Corporation
(Sinochem)
– China National Offshore
Oil Corporation
(CNOOC)
– China National
Petroleum Corporation
(CNPC)
– China Petroleum &
Chemical Corporation
(Sinopec)
– China Southern Airlines
Co., Ltd
– China-Africa
Development Fund
– China UnionPay
– Huawei Technologies
– Industrial and
Commercial
Bank of China
– Jinchuan Group Ltd.
– PetroChina Company
Limited
– The Export-Import
Bank of China
www.allenovery.com
15

CHINA OFFICES
Beijing
Allen & Overy LLP, Beijing office
46th Floor, China World Tower
No. 1 Jian Guo Men Wai Avenue
Beijing 100004
China
Tel +86 10 6535 4188
Fax +86 10 6535 4199
Office Contacts
Joseph Tse
Senior Partner, Greater China
Hong Kong/Beijing
Tel +852 2974 7013
+86 10 6535 4388
joseph.tse@allenovery.com
Benjamin Bai
Partner, Shanghai
Tel +86 21 2036 7001
benjamin.bai@allenovery.com
Matthew Bisley
Partner, Shanghai
Tel +86 21 2036 7005
matthew.bisley@allenovery.com
© Allen & Overy LLP 2012 I CA1102039
www.allenovery.com
Matthias Voss
Managing Partner, Beijing office
Beijing
Tel +86 10 6535 4315
matthias.voss@allenovery.com
Cindy Lo
Partner, Beijing
Tel +86 10 6535 4313
cindy.lo@allenovery.com
Richard Kim
Partner, Shanghai
Tel +86 21 2036 7010
richard.kim@allenovery.com
Shanghai
Allen & Overy LLP, Shanghai office
15F, Phase II, Shanghai IFC
8 Century Avenue, Pudong
Shanghai 200120
China
Tel +86 21 2036 7000
Fax +86 21 2036 7100
Ji Zou
Managing Partner, Shanghai office
Shanghai
Tel +86 21 2036 7088
ji.zou@allenovery.com
Jane Jiang
Partner, Beijing
Tel +86 10 6535 4318
jane.jiang@allenovery.com
Victor Ho
Partner, Beijing
Tel +86 10 6535 4381
victor.ho@allenovery.com
Mark Roppel
Partner, Hong Kong/Beijing
Tel +852 2974 7360
+86 10 6535 4307
mark.roppel@allenovery.com
Yvonne Ho
Partner, Beijing
Tel +86 10 6535 4327
yvonne.ho@allenovery.com