Mummert & Company and Stout Risius Ross (SRR), independent, international corporate finance advisors headquartered in Munich respectively Chicago, USA, exclusively advised the shareholders (Baird Capital Partners Asia, Singaporean Individual Investors, Management) on the sale of Boston Plastics (Shanghai) to US Farathane Corporation, a portfolio company of The Gores Group. The transaction was completed on January 22, 2016. Financial terms of the transaction will not be disclosed.
Boston Plastics is a Shanghai headquartered manufacturer of plastic injected molded components and assemblies for the automotive, industrial, and consumer end-markets. Boston Plastics delivers these products to a world class customer base consisting of multinational, blue chip customers such as Dräxlmaier Group, Delphi Automotive, and Grammer AG, among others. Furthermore, the Company has earned its way into some of the world’s top OEMs, including Audi, BMW, Ford, General Motors, Daimler, and Volkswagen.
The acquisition of Boston Plastics further accelerates US Farathane’s strategic initiative to become a global supplier to its customers. Boston Plastics’ three production facilities in China (Shanghai, Taicang, Changchun), together with its highly experienced management team, provide the buyer with a strong presence to serve the Asian market and a direct Chinese footprint for the local automotive market. Additionally, the acquisition provides US Farathane the opportunity to distribute to existing OEM customers in both the U.S. and China.
Dirk Liedtke, Managing Partner at Mummert & Company, comments: “This mandate has once more put us in close contact and negotiations with numerous worldwide investors and globally renowned multinational automotive suppliers. Due to Mummert & Company´s and SRR´s long-standing cooperation in the automotive sector, we were able to combine our established international automotive interior and exterior plastics expertise which led to a successful closing.”
Mummert & Company Corporate Finance GmbH, Germany
National law firm Shoosmiths advised Truworths International on the acquisition of an 88.9% stake in fashion footwear chain Office Retail Group. Shoosmiths was recommended to Truworths by leading South African law firm ENSafrica through WSG. ENSafrica has been advising Truworths in Southern Africa for many years.
The deal, completed in December, is valued at R5.5 billion (£256 million) and marks the South African fashion retailing group's entry in to the UK retail market. Truworths CEO, Michael Mark, said the acquisition provides Truworths with access to the UK and continental European retail markets and the opportunity to diversify the group's customer base and earnings. Mark also said, “Our partnership with Shoosmiths was key to Truworths successfully navigating the numerous legal and practical complexities relating to the acquisition and the funding thereof. Their versatility, thoroughness and accessibility throughout the process contributed greatly to the timeous conclusion of the transaction. The Shoosmiths team played a most important role in ensuring the work being carried out by the various advisers associated with the acquisition proceeded in a well-co-ordinated and informed manner.”
Kieran Toal, Shoosmiths corporate partner, said of the acquisition, “It is a pleasure for us to advise Truworths on this globally significant acquisition and we very much appreciate being recommended as a law firm with strong retail expertise through the World Services Group. This has been a heavily partner-led transaction. Given this is Truworths' first European acquisition and Office has such a large footprint, a number of our teams have been involved in working very hard to get this deal over the line. We wish Truworths every success in their investment in to Office.”
Shoosmiths LLP, England
Shepherd and Wedderburn acted for BergenOil AG, a company owned by a longstanding Heuking Kuhn Luer Wojtek client on the instructions of Dirk Kolvenbach. Shepherd and Wedderburn provided advice on a significant investment by their client in Aurora Energy Resources Limited. Aurora is a private oil and gas exploration company based in Aberdeen which holds Petroleum Exploration and Development Licence (PEDL) 164 covering 100km2 of West Lancashire and Merseyside. Aurora is engaged in the exploration for shale gas in the UK, based on hugely successful analogues from the United States.
Dirk Kolvenbach said, "This was a new type of investment for our client into a highly complex and regulated environment. We were delighted with the commercial and legal advice that we got from Paul Hally’s energy team at Shepherd and Wedderburn. It meant that the client went in with their eyes open, understanding the nature of the investment and opportunity and risks."
Paul Hally said, "We were delighted to be able to support Dirk on this occasion in such a frontier area of investment activity in the energy sector. It is another very tangible example of the ability of WSG firms together to provide international coverage for their clients in leading industrial sectors globally."
Shepherd and Wedderburn LLP, Scotland
WSG Dutch legal member Van Doorne provided urgent assistance on Dutch corporate law to WSG Czech legal member Kocian Solc Balastik in the closing of a transaction on the eve of Christmas 2014.
Sasha Stepanova from Kocian Solc Balastik noted: "Once again, the immense value of the close professional contacts in WSG has been demonstrated to us - this time just hours before Christmas! In preparing to close a deal for our client, a situation arose where we urgently need Dutch law review of a new document. There was literally no time to spare - so I picked up the phone and called Johan Boeren directly. As luck would have it, he was also in the middle of closing his own deal - but with incredible grace, professionalism and that WSG willingness to go the extra mile, he went out of his way to provide us with the Dutch law support that we needed on that snowy night. He saved the situation .... and ensured that our clients and ourselves indeed had a Christmas!".
Sasha Stepanova, Kocian Solc Balastik, Czech Republic
WSG legal member firms SyCip Salazar Hernandez & Gatmaitan (Philippines), Shearn Delamore & Co. (Malaysia), and Makarim & Taira (Indonesia) banded together to provide the latest commercial and legislative developments in each country at the ALB Hong Kong 2014 In-House Legal Summit. This event, sponsored by Asia’s most respected legal industry publication, Asian Legal Business Magazine provides a unique platform for the exchange of ideas sharing best practices among senior level corporate counsel, business leaders, and private practice lawyers. Shearn Delamore’s Ng Swee Kee and Yee Mei Ken discussed foreign investment in Malaysia. Kurniawan Tanzil of Makarim discussed the new negative list in Indonesia and taking advantage of the more favorable investment client. SyCipLaw’s Carina Laforteza spoke of recent developments in foreign investment laws for those interested in investing in the Philippines. This collaboration by the Asia Pacific member firms further proves the support and networking capabilities of the global network of WSG.
Kristine Marie Miergas, SyCip Salazar Hernandez & Gatmaitan, Philippines
WSG China member, Dacheng Law Offices, has launched an international presence initiative by calling on two European members. This visit not only further expands the networking capabilities of the member firms, the visit aims to develop new benefits by offering opportunities to contribute and grow globally.
Both European members, Szecskay Attorneys at Law (Hungary) and Kocián Šolc Balaštík (Czech Republic) welcomed the visit to further the connection between the two regions. With the new benefit of tracking referrals within the WSG database, member visits will further encourage collaborations and boast participation.
Jiaolu Zhou, Attorney at Dacheng Law Offices comments, “Thanks to the WSG which provides us with such a good network. I believe all the firms will connect closer to each other after these visits.”
Jiaolu Zhou, Dacheng Law Offices, China
De Comarmond & Koenig, the oldest and largest firm of attorneys in Mauritius, has entered into a joint venture with ENSafric,a the No.1 law firm in Africa. The Mauritius joint venture law firm will practice under the name “ENSafrica (Mauritius)”. It is the first time a leading Mauritian law firm enters into such a joint venture and it is a landmark in the Mauritius legal market.
According to Piet Faber the CEO of ENSafrica, “Mauritius plays an important part in the region and is the gateway into Africa. We are delighted that such an established Mauritian firm as De Comarmond & Koenig has joined ENSafrica. De Comarmond & Koenig has its roots in Mauritius since 1828 and has an in depth knowledge of the Mauritian legal market. This is what the international clients are looking for. As the leading law firm in Mauritius, it has blue chip domestic clients and provides legal service to multinational corporations. ENSafrica (Mauritius) has a very promising development potential and forms part of the footprint which ENSafrica is establishing throughout Africa”.
On the Mauritian side, the arrival of the largest African law firm in Mauritius is seen as an exciting new development. According to Thierry Koenig, “We are proud that ENSafrica, the largest law firm in Africa, has chosen De Comarmond & Koenig and joined forces with us to incorporate ENSafrica (Mauritius). This will undoubtedly broaden the range of legal services provided in Mauritius supported by multidisciplinary teams of dedicated and high-quality professionals. This is a major and unparalleled development in the Mauritius legal market”.
ENSafrica comprises over 550 legal, forensic, tax and intellectual property practitioners and currently operates out of its offices situated in Johannesburg, Cape Town, Durban, Stellenbosch, Kigali (Rwanda), Bujumbura (Burundi) and Kampala (Uganda). De Comarmond & Koenig, the oldest law firm of attorneys and the largest practice in the island is engaged in the general practice of the law with particular emphasis on corporate and commercial law, banking, merger and acquisitions, litigation, intellectual property and insolvency. De Comarmond & Koenig is the standing legal adviser of various major Mauritian public listed companies and conglomerates.
ENSafrica (Mauritius) will be headed by Thierry Koenig, Senior Attorney, and Mauritian team of De Comarmond & Koenig with all the staff and professionals will all be under ENSafrica (Mauritius). From what is gathered from various quarters ENSafrica (Mauritius) is to play a significant role in Mauritius as this joint venture is seen as a statement of vision and an important step in developing a leading financial services centre in the region. Various voices in the Mauritian legal profession suggest that this move might be seen as the beginning of a new trend with other Mauritian firms following suit.
A German mid-sized and internationally active company specializing in fire fighting systems obtained an order for the design, delivery and installation of several complex fire fighting systems for major transportation infrastructure projects in Brazil. The corresponding complex systems of draft contracts were subject to Brazilian law and had to reflect not only the technical complexity of the matter and the potential impact on life and safety, but also several particularities of Brazilian public law.
The company had been a client of Germany's WSG member Heuking Kuehn Luer Wojtek for many years, and had welcomed a delegation of IP lawyers from different WSG member firms during the 2nd WSG Patent Law Workshop in April 2013, among them Fernando Braune of WSG Brazil (Veirano). As a consequence, it was only natural that the company asked Heuking Kuehn Luer Wojtek in October 2013 to involve Veirano in order to review the draft contracts and to propose and negotiate amendments.
When travelling in Brazil, for example during the Olympic Games or the Football World Championship, one will benefit from the results of this cooperation: fire safety in public transportation systems.
Heuking Kuhn Luer Wojtek, Germany
Shearn Delamore (Malaysia), Stamford Law (Singapore) & Weerawong C&P (Thailand) collaborate on takeover of Fraser & Neave. The deal led to Southeast Asia's biggest corporate takeover, valued at around $11 billion. This deal was awarded by Asian Legal Business Southeast Asia Awards 2015 as the 'SE Asia Deal of the Year', 'SE Asia MA& Deal of the Year' and 'IPP Advisors PTE LTD Award Singapore MA& Deal of the Year'.
This honor and highly recognized success, further promotes the unparalleled value of WSG member firms across boarders.
Shearn Delamore & Co., Malaysia
WSG member for Quebec in Canada, Lavery, de Billy, L.L.P represented Demilec Inc. and its affiliates Premilec Inc., Cornell Chemicals Ltd., Polyurethane Foam Systems Inc., Demilec (USA) LLC, and Premilec (USA) LLC (collectively, the Demilec Group) with respect to the sale of substantially all of the Group’s assets to companies controlled by Sun Capital Partners, Inc., an investment fund based in Florida. WSG member for Texas in the United States, Haynes and Boone LLP, acted as U.S. legal counsel to Demilec Inc. in this transaction. Mr. Jacques Larivière, the founder and majority shareholder of the Demilec Group, has in the course of the same transaction acquired a substantial non-controlling position in the purchasing entity. The transaction closed on September 30, 2013. The purchase price of the transaction is undisclosed.
The Demilec Group is active in Canada and the United States. It has been developing, manufacturing and distributing polyurethane foam insulation systems, as well as specialized foam-based insulation products for residential and commercial development since 1983.
The Lavery team was led by André Vautour (business law), assisted by Jean-Sébastien Desroches, Ariana Lisio, Sive Burns and Raphaël Bacal (business law), Yvan Biron and Sophie Prégent (environmental law), Luc Pariseau, Philippe Asselin and Martin Bédard (taxation), Josiane L’Heureux and Nadine Landry (labour and employment law), Dominique Bélisle (financing and real estate) and Carolle Vaudry (paralegal).
Haynes and Boone LLP acted as U.S. legal counsel to the vendors with a team headed by George Wang (business law), assisted by Casey Cohn (business law), Keenan Kolendo (real estate law), Debra Hatter and Nora Whitehead (competition law), and Carie G. McKinney (environmental law).
André Vautour, Lavery, de Billy, Canada
WSG legal member firms Ulmer & Berne LLP (USA, Ohio) and WSG Heuking Kühn Lüer Wojtek (Germany) collaborated in advising a German stock-listed company, regarding possible reactions to threatening US patent disputes in the area of online shops. A non-practicing entity (a so-called "patent troll") with a US patent on online shopping solutions could put an end to the client's core business: designing and operating worldwide online platforms for distributing and maintaining software and IT solutions.
The client was not familiar with US patent disputes and could neither evaluate the risks (potentially in the area of several million US-Dollars) nor take steps to mitigate them. The WSG Patent Law Practice Group - in this case composed of patent experts from Germany and the USA - advised the client, in October and November 2013, about the appropriate measures in potential US proceedings and towards the customers.
Anton Horn, Heuking Kuhn Luer Wojtek, Germany
WSG legal members Heuking Kühn Lüer Wojtek (Germany), Garrigues (Spain), and Kocián Šolc Balaštík (Czech Republic) collaborated on a deal in which Heuking Kühn Lüer Wojtek advised Korean investor Dongkook Industries Co. on the acquisition of German automotive supplier Innovative Components Technologies GmbH (ICT). ICT GmbH is primarily a manufacturer of plastic parts for the automotive industry, with two plants in Germany and one each in Spain and the Czech Republic which generate annual revenue of about EUR 200 million. Heuking Kühn Lüer Wojtek's team was led by Partner, Mathias Schröder. The acquisition was completed in an asset deal, with the special investment vehicle KDK Automotive GmbH acting as buyer. All shares in both of ICT's two foreign subsidiaries were acquired. The law firms of Garrigues and Kocián Šolc Balaštík, acted on behalf of the buyers in the acquisition of the foreign subsidiaries.
In a true WSG network collaboration, the WSG investment banking member, SRR, from Michigan referred the buyer to Heuking Kühn Lüer Wojtek who then suggested the participation of Garrigues, and Kocián Šolc Balaštík to join the international legal team for the transaction on behalf of the buyer. By chance, on the side of the seller, WSG German investment banking member, Mummert & Company Corporate Finance GmbH, were already engaged. This was a very successful transaction and a great example of the benefits of a multidisciplinary global organization.
Contact to Buyer, Dongkook Industries Co.: Stout Risius Ross (SRR)
Counsel to Buyer, Dongkook Industries Co.:
Heuking Kühn Lüer Wojtek, Munich: Mathias Schröder (Lead), Alexander Weber, Helge-Torsten Wöhlert (all Corporate/M&A), Stephan Degen (Insolvency Law), Reinhard Siegert (Antitrust Law), Ulrike Helkenberg (Trademark Law), Anita Bohn (Distribution Law and Antitrust Law), Fabian Gerstner (Public Law) and Steffen Wilberg (Real Estate). Heuking Kühn Lüer Wojtek, Cologne: Martin Reufels, Kerstin Deiters, Markus Schmülling (all Employment Law). Heuking Kühn Lüer Wojtek, Düsseldorf: Anton Horn, Sönke Popp (both IP).
To view press release detailing the Buyer transaction: Heuking Kühn Lüer Wojtek advises Korean investor Dongkook Industries Co. on the acquisition of automotive supplier Innovative Components Technologies GmbH
Investment Bank to Seller, Innovative Components Technologies (ICT) GmbH: Mummert & Company Corporate Finance GmbH
To view the press release detailing the Seller transaction: Mummert & Company Exclusively Advises on the Acquisition of the Automotive Supplier ICT GmbH Through DONGKOOK IND. CO., Korea
Mathias Schroeder, Heuking Kuhn Luer Wojtek, Germany
Minter Ellison and eight other Asian WSG firms recently assisted WSG member for Australia, Mongolia and New Zealand, Minter Ellison, following a request from a Minters client, one of Australia's largest construction groups.
WSG member Minter Ellison was asked if they could pull together some general know how on doing business in certain Asian jurisdictions on a short notice. The WSG firms that were contacted provided high quality guides and links covering Brunei, Cambodia, China, Indonesia, Laos, Macau, Malaysia, Mongolia, Myanmar, Philippines, Taiwan, Thailand and Vietnam on areas including tax, real estate, employment and financing.
The client was very impressed and very grateful with the hope they will now look to engage the relevant firms for specific advice.
Minter Ellison would like to express its thanks to the firms that collaborated on this:
LCS & Partners
Makarim & Taira S
Shearn Delamore & Co
SyCip Salazar Hernandez & Gatmaitan
Weerawong, Chinnavat & Peangpanor
Peter Bartlett, MinterEllison, Australia
WSG members Brigard & Urrutia (Colombia) and Walder Wyss (Switzerland) collaborated on the direct and indirect USD 560 million sale of the leading Colombian pharmaceutical company Laboratorio Franco Colombiano LAFRANCOL S.A.S. to Chilean CFR Pharmaceuticals. The transaction was announced on August 10, 2012 and closed on December 11, 2012, after obtaining governmental approval from the Colombian antitrust authorities.
Brigard & Urrutia’s team, counsel to the Sellers, was led by Sergio Michelsen and Jose Romero, Partners, and included associates Dario Laguado (M&A), Alejandro García (Antitrust), Laura Carreño (Corporate), Tomás Holguín (Corporate), Christian Díaz (M&A), Juan Fernando Puerta (Corporate), Mauricio Montealegre (Labor), and Laura Loaiza (Intern, M&A). Brigard & Urrutia coordinated legal work in seven jurisdictions, with legal local counsel, where closings took place simultaneously. Walder Wyss’s team was led by tax partner Stephan Neidhardt and included Cornelia Gfeller (Corporate and Notarial Services) as well as Carla Lang (Tax).
Brigard & Urrutia has more than 75 years of experience and is at the forefront of legal services in Colombia, providing advice and assistance in all relevant areas of business law. The firm has an impressive record as legal counsel to a global clientele formed by industrial, commercial and service companies, banks and other financial institutions. Brigard & Urrutia represents a balanced combination of some of Colombia’s most prominent and up and coming companies as well as Fortune 500 companies and smaller companies.
Walder Wyss & Partners Ltd. is one of the leading business law firms in Switzerland, specializing in corporate and commercial law, banking and finance law, intellectual property and competition law, dispute resolution, and tax law. The firm advises national and international businesses and entrepreneurs engaged in trade, industrial production and the provision of services with particular expertise in various sectors (i.e. banking, finance, information technology, media, real estate, life sciences) and a full range of products.
Brigard & Urrutia, Colombia
Michal Barlowski, Senior Partner and Weronika Pelc Partner of Wardyñski & Partners, served with David Messina, Executive Director of Hutton Energy,as panelists at the Oil and Gas Opportunities in Poland Shale Plays seminar hosted by Haynes and Boone, LLP on 7th February 2013 in Houston, Texas during the North America Prospect Expo (NAPE), the world’s largest E&P exposition.
Moderated by Haynes and Boone, LLP Partner Brad Richards, the panelists shared insights about the current state of shale plays in Poland and surrounding areas of Europe, as well as how to make related investments in those areas. Attendees enjoyed Messina’s sharp commentary about Hutton’s experience exploring Polish Shale plays, while Barlowski and Pelc focused on the major legal implications of Shale Oil and Gas investments in Poland. All the panelists were well-received for their insights onthe similarities and differences between the American and Polish market, as well as the opportunities and challenges companies may face when investing or conducting business in Poland.
Home to numerous energy companies, Houston enjoys a strong reputation as the oil and gas capital of North America. It is home to many of the world’s key energy players and organizations.
Haynes and Boone, LLP is an International Corporate Law Firm with offices in Texas, New York, California, Washington, D.C., and Mexico City, providing a full spectrum of legal services with more than 525 attorneys.
Wardyñski & Partners is a Polish law firm with 130 lawyers and an international client portfolio since 1989. It is a full service firm operating through four offices in Poland and one in Brussels.
Weronika Pelc, Wardynski & Partners, Poland
Delphi and Van Doorne represented Unilin and Mohawk Industries, Inc. (NYSE: MHK) on the acquisition of Pergo for USD 150 Million cash. Pergo is a leading manufacturer of premium laminate flooring and has been a leader in laminate flooring technology, including unique patents on design and installation methods. Pergo operates manufacturing facilities in Sweden and the U.S. and has the most recognized brand in the U.S. and Europe.
In commenting on the acquisition, Jeffrey S. Lorberbaum, Chairman and CEO of Mohawk Industries, Inc., stated, "Pergo is a leader in laminate flooring in the U.S. and Nordic countries with premium value added strategies. This acquisition complements our specialty distribution network with Pergo's strength in the U.S. DIY channel. In addition, Pergo leverages our geographic position and provides opportunities to enhance Unilin's patent portfolio. The combination of the entities offers significant opportunities to optimize the assets of both companies while enhancing the design and product performance of both brands."
Delphi’s team was led by David Aversten and Magnus Björkander and included Paula Hogéus, Elisabeth Eklund, Johan Hübner, Sverker Bonde, Erica Nobel, Michael Juhlin, Fredrik Mörner, Erika Rosenberg, Andreas Wirén, Rickard Isacson, Gunnar Svedberg, Daniel Svensson-Lundqvist, Johan Wijk and Oscar Jansson. Local legal counsel included inter alia Simont Braun, Van Doorne, Gleiss Lutz, Herbert Smith, Vischer, and others.
Delphi coordinated the legal work in all 14 jurisdictions outside of the US, with the aid of local legal counsel.
WSG Members Rodrigo Elias Y Medrano and Vouga & Olmedo Abogados Involved in Establishment of CIC Resource Subsidiary in Paraguay and the Obtainment of Mining and Environmental Permits for the Prospection and Exploration of the World's Largest Titanium Deposit.
Peruvian WSG member Rodrigo Elias y Medrano referred CIC Resources, a Vancouver based company with several mining concessions operating around the globe, to Vouga & Olmedo Abogados for assistance in the obtainment of prospecting and exploration mining permits as well as environmental licenses to initiate its operations in Paraguay as well as in the establishment of a titanium pilot plant in Paraguay. CIC Resources has discovered in Paraguay what is believed to be the world’s largest titanium deposit. Mr. David Lowell, CIC Resources'CEO, the geologist that discovered the Paraguayan titanium deposit, also discovered one of the largest copper deposits in Chile (La Escondida mine).
V&O advised MYNM, Paraguayan subsidiary of CIC Resources in connection with the granting of prospecting and exploration mining permits as well as with the obtainment of all licenses and permits necessary to operate in the country including environmental and municipal licenses. MYNM is the first large-scale mining project in Paraguay. The project started with the goal of obtaining between 5 and 10 million tons a year in Paraguay, with an initial investment of USD 5 million for the installation and operation of the plant.
During the experimental period, the plant would produce ca. 500 tons per month, once the experimental phase is done and a 100 times larger plant is installed, the production may rise to 5 tons per hour.
The firm is also assisting in the revision and amendment of the current Paraguayan Mining Act to adequate it to modern regional and international standards.
Rodolfo G. Vouga Z., Vouga Abogados, Paraguay
World Services Group legal member firms Veirano Advogados and Vouga & Olmedo Abogados collaborated together in which Vierano Advogados referred Japanese leading auto parts manufacturer Fujikura Automotive to fellow WSG member Vouga & Olmedo Abogados who assisted the company with the incorporation of a local subsidiary, the obtention of licenses to operate in the Ciudad del Este free trade zone and all other aspects necessary for the initiation of its operations. Fujikura is the first auto parts manufacturer in Paraguay and the first to export auto parts products to Brazil in a record time of 5 months since its incorporation in Paraguay. The company started operating in Paraguay in 2011 and since then it has employed more than 600 workers. It is expected that now that its second plant has been opened, in June 2012, Fujikura Paraguay may hire at least 1000 workers. Since the first load was shipped in early December, supplies for the manufacturing of the equivalent of 22,000 cars had been exported to Brazil up until February 2012, for the production of the automobile line of Volkswagen Brazil (subsidiary of the German giant Volkswagen AG, Fujikura’s automobile segment’s main client). Acting counsel to Fukijura Automotive were WSG legal members Alexandre Verri, Partner at Veirano Advogados and Rodolfo Vouga Muller, Senior Partner at Vouga & Olmedo Abogados, Jorge Figueredo Klein and Rodolfo G. Vouga, Partners at Vouga & Olmedo Abogados.
Veirano Advogados, Brazil
World Services Group legal member firms Dykema (Michigan) and O’Neal Webster British Virgin Islands (BVI) recently had the opportunity to refer a litigation matter which had been filed in the BVI against one of Dykema’s longstanding corporate clients to O’Neal Webster, the WSG BVI Member who was well positioned to quickly get on board and competently handle the client’s needs. Paul Webster of O’Neal successfully represented the client on a complex corporate issue. “The client thought O’Neal Webster did an excellent job.” A great result for the client, Dykema and O’Neal and another example of the benefits of WSG membership.
World Services Group legal member firms Dacheng Law Offices and A&L Goodbody collaborated on efforts to introduce the “International High Performers Internship Programme: Chinese Exceptional Lawyers Internship Programme Launching Ceremony” hosted by A&L Goodbody.
The execution of this cooperation agreement between the two WSG firms allows to further facilitate exchanges between outstanding young lawyers of both China and Ireland, as well as it lays a sound foundation for future collaborations with Chinese investment in Ireland, Irish companies establishing a presence in China and the future cooperation between Chinese and Irish lawyers.
At the Launching Ceremony, the two WSG members, Dennis Deng of Dacheng and the Managing Partner of A&L Goodbody, Julian Yarr, signed the Co-operation Agreement relating to International High Performers Internship Programme on behalf of their respective law firms, under the personal auspice of Irish Prime Minister Enda Kenny.
The ceremony brought great opportunity for Dacheng Management to meet with lawyers from the Irish law firm, business leaders and heads of trade associations attending the event, and all those present expressed the desire to further strengthen cooperation in future Sino-Irish trade, investment and other business activities and to jointly promote the development of Sino-Irish economic and trade cooperation.
A&L Goodbody is one of Ireland's recognized premier corporate law firms. Established more than 100 years ago, A&L Goodbody has its headquarters in Dublin, with other offices in Belfast, London, New York and Palo Alto, and it has over 350 legal staff and a total headcount of approximately 540. This legal member firm has been a member of WSG since 2002.
Founded in 1992, Dacheng Law Offices is one of the first and largest partnership law firms in China. Apart from its headquarters in Beijing, Dacheng also has 28 local offices and 26 overseas offices. There are currently over 1,900 lawyers and staff working for Dacheng Law Office. This legal member firm has been a WSG member since 2009.
Lily Lau, Dacheng Law Offices, China