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our china practice
2 s imp son thacher & bartlett l l p
attorney advertising
prior results do not guarantee a similar outcome.
Why simpson thacher in china? 2
mergers and acquisitions 4
spotlight: Cross-border Expertise 4
spotlight: Outbound Investments 6
Banking 7
capital markets 8
spotlight: U.S. IPO Expertise 9
private equity 10
spotlight: Investment Funds Practice 11
dispute resolution 12
commitment to the region 14
our team 16
“they give the perfect combination of local connection, client connectivity
and us legal advice.”chamBers gloBal 2011 & chamBers asia-pacific 2011
quoting a client
chineseand internationalclients turn tosimpsonthacher forconsidered counsel and deep experience with china-relatedmatters.We understand the complexities our clients face doingbusiness and resolvingdisputes in this rapidly evolving region.on every engagement and for every client, our objective is toprovidethehighestqualitylegalservicesavailableglobally.
our china practice
simpsonthacher&bartlett llp is one of theworld’s preeminent interna-tional lawfirms. For over 125 years,we have helped clients address theirgreatestlegalandbusinesschallengesinafast-changingworld.WithofficesinbeijingandhongKong,theFirmhasbeenactiveinchinafortwodecades.ourchinapracticeisbuiltuponthestrengthofourleadingreputation,skillandexperienceglobally.
2 s imp son thacher & bartlett l l p
Dedication to Client Service
Wevalueexcellenceinclientserviceinallrespects–inthethoughtfulnessandthoroughnessofour legaladviceandworkproduct, inourrespon-sivenesstoourclientsandinthetoneandmanner inwhichweworkwithclients.
Understanding Our Clients’ Business Objectives
Drawingonourover125yearsofexperienceadvisingonthemostsophis-ticatedmattersworldwide,weareabletoassistclientswiththeirbusinessobjectives relating tochina.Weunderstand the complex businessenvironmentinchinaandglobally,andweappreciatehowtheintricatelegalissuesofaparticularmatterimpactaclient’soverallbusiness.
Werepresentchinesestate-ownedandnon-state-ownedcompaniesandfinancialinstitutionsintheirbusinessactivitiesintheUnitedstatesandtheamericas,europe,themiddleeast,africa,australiaandacrossasia.inconnectionwithmattersinchina,wealsorepresentinternationalfinancial institutions,corporationsandinvestors.advisingclientsacrossthefullspectrumofcorporatework,wehavesignificantexpertiseincross-borderpublicandprivatemergersandacquisitions, jointventures, internationalcapitalmarkets transactionsand the representation of private equity clients, both in strategic investments and fundformation.WealsoengageinleveragedandacquisitionfinanceandrepresentchineseclientsinU.s.litigationandinternationalarbitration.
Why simpson thacher in china?
3
Longstanding Commitment to China
WeopenedourhongKongoffice in1993,expandingasaresultof theglobalizationofourclients’businessinterests.throughourhongKongandbeijingoffices,weofferoneofthelargeston-the-groundteamsamongallU.s.firmswithoverfiftylawyers,halfofwhomarebilingualspeak-ersofenglishandmandarinchinese.Wehavethenecessarydepthoflocalexperience,languageskillsandappreciationofchinesecultureandcustomsaswellasbusinesspracticestoprovidesuperiorlegalservice.
Strength of Our Global Firm
ourchinaofficesworkseamlesslywiththeFirm’sofficesinhouston,london, los angeles, new York, palo alto, são paulo, tokyo andWashington,D.c.toprovideatrulyglobalcapabilityforlocalclientsaswellasFirmclientsbasedelsewhereintheworld.
Overall Firm Quality and Culture
ourchinapracticebenefitsfromtheoverallqualityofsimpsonthacherand its friendlyandcollaborativeculture.ourreputationenablesus torecruitmanyofthebestandbrightestyoungmultilinguallawyers.ourcommitment to excellence and our strong deal flow result in rigoroustraining and the development of professionals who are dedicated toprovidingclientswiththehighestqualitylegaladviceandworkproduct.
Depth of Corporate Experience
ourteaminchinahason-the-groundstrengthacrossthefullspectrumofcorporatedisciplines,includingmergersandacquisitions,equityanddebtofferings,fundformationandfinancings.clientsbenefitfromexcel-lenceacrossallpracticeareas;forexample,whenundertakingacomplex,cross-border m&a transaction, our local banking and credit expertiseallowsustoeffectivelyadviseonthefinancingforthetransaction.
Private Equity Experience
simpsonthacher is oneof the leadingfirms inprivate equityglobally.ourexperiencewithprivateequityclientsandtheirportfoliocompaniesalsoinformsourworkforothermarketparticipants,includingstrategicinvestors andfinancial institutions requiring insight intomarket expec-tations, government-owned entities considering joint investments andseniorbanklendersfinancingacquisitions.
“deep understanding of domestic industry dynamics and consistent, high-quality support.”
chamBers gloBal 2010 & chamBers asia 2010
quoting a client
4 s imp son thacher & bartlett l l p
china practice
mergers and acquisitions
Weareconsistentlyrankedasoneoftheworld’sleadingm&aadvisors.our china practice leverages this strength and depth of experience toadvise international corporations, investment banks andprivate equityfirmsoninvestmentsinchinaaswellaschineseentitiesoninvestmentsworldwide.Weofferourclients skill and insightdevelopedby repre-sentingm&aparticipants globally in virtually all capacities, includingpurchasers, sellers, lenders,financial advisors, boardsofdirectors andboardcommittees.
Wehave extensive experiencewithboth inboundandoutboundchinainvestments.ourlawyersinchinaadviseonafullspectrumofpublicandprivatem&amatters,jointventuresandprojectsacrossawiderangeofbusinesssectors.clientsturntousfortheirmostcomplexandimportantm&a transactions, knowing thatwe offer a highly skilled and respon-siveapproach,andakeenunderstandingofthechineseinvestmentandregulatoryenvironment.ourlawyershaveadvisedonsomeofthemostsignificantchina-relatedm&atransactionsforleadinginternationalandprccompanies,financialinstitutionsandprivateequityfirms.
Cross-border Expertisein connection with cross-border m&a transactions, we advise clients regarding all aspects of the transaction,
including the optimal structuring alternatives based on corporate and tax considerations, negotiation of the
acquisition agreement, preparation of related tender offer documents (if applicable) and proxy statements
in accordance with the applicable requirements under u.s. securities laws, preparation of all required
governmental filings under all applicable securities, competition and other laws and regulations, negotiation
with governmental authorities around the world, communication and filings with the relevant stock exchanges,
and coordination and performance of due diligence.
our experience in cross-border transactions enables us to anticipate and address issues that may arise when
multiple jurisdictions are involved as well as to reconcile sometimes inconsistent or conflicting legal requirements.
a representative example is our work for a consortium of investors led by changsha Zoomlion heavy industry
science & technology development co., ltd. in connection with the acquisition of cifa s.p.a., the leading
concrete equipment manufacturer in italy. the 2008 combination created the largest concrete equipment
manufacturer in china and the second largest industry player globally. the transaction was one of china’s
largest overseas acquisitions outside of the natural resources sector and one of the very few overseas
acquisitions completed by a chinese company using leveraged financing from non-chinese sources.
“DealoftheYear2008”Chinalco’s acquisition of
a minority stake in Rio Tintoasian-coUnsel
spot
light
5
otherrecentrepresentativem&atransactionsinvolvingchinesecompaniesinclude:
� representationofChinalcowithitsproposedinvestmentofUs$19.5billioninaustralianandU.K.mineralsproducerriotinto,whichifcompletedwouldhavebeenthelargestoutboundinvestmenteverbyachinesecompany.theFirmalsorepresentedchinalcoinconnectionwiththeearlierUs$14billioninvestmentinriotinto,thelargestforeigninvestmentbyachineseentityatthattime.
� representationofTripAdvisor,theworld’slargesttravelcommunityandanoperatingcompanyofexpedia,inc.(nasDaQ:eXpe),initsacquisitionofKuxun.cn,thesecondlargestonlinetravel-relatedwebsiteinchina.
� representationofShanghai Electric (Group) Corporation,aleadingchinesestate-ownedequipmentmanufacturinggroupinchina,inconnectionwithitsmulti-stageacquisitionofGossinternationalcorporation,aU.s.-basedsupplierofweboffsetpressesandfinishingsystemsforprintingapplications,frommatlinpattersonGlobalopportunitiespartnersandothers.
� representationofFocus Media Holding Ltd.,operatorofthelargestout-of-homeadvertisingnetworkinchina,inconnectionwithitsvariousm&atransactions,includingtheproposedsaleofitsout-of-homeadvertisingbusinessdivisionstosinacorporationandtheacquisitionsofallyesinformationtechnology,targetmedia,FramediaandaminoritystakeinVisionchinamediainc.
tier1rankinginchinamergersandacquisitions:
ForeignFirmsiFlr1000 2009 , 2010 & 2011
“strongandprofessional”theleGal500asiapaciFic2010/2011
quoting a client regarding the Beijing M&A Practice
Band 1 ranking in asia-pacific region corporate/m&a chamBers gloBal 2011 & chamBers asia-pacific 2011
6 s imp son thacher & bartlett l l p
Mergers and Acquisitions, continued
� representationofGroupe Danoneinthesaleofits51%stakeintherelatedjointventurecompaniesandtheamicablesettlementofthehighly-publicizeddisputewithWahahaGroup.
� representationofBest BuyinitsacquisitionofamajoritystakeofJiangsuFivestar,china’sfourth-largestapplianceandconsumerelectronicsretailer.
� representationofChina Life Insurance Companyinitsparticipationinacitigroup-ledinvestorconsortium’sUs$3.1billionacquisitionofGuangdongDevelopmentbankco.,ltd.
� representationofVisionChina Media Inc.initsacquisitionofDigitalmediaGroupcompanylimitedfromGobipartnersandoakinvestmentpartnersforUs$160millionincashandsharesofVisionchina.Visionchinaoperatesoneofthelargestadvertisingnetworksinchina,andDigitalmediaGroupisaleaderinchina’ssubwaymobiletelevisionadvertisingmarket.
Outbound Investmentschina’s outbound direct investment is one of the most significant of any country in the world.
simpson thacher lawyers in china have extensive experience with outbound m&a transactions.
a recent example is the firm’s representation of china national agrochemical corporation
with its announced outbound investment of us$2.4 billion in makhteshim agan industries
ltd., an israeli generic agrochemical company listed on the tel-aviv stock exchange. the firm
also recently advised china railway materials commercial corporation, a large state-owned
enterprise in china and one of china’s largest steel trading companies, in its acquisition of
a 12.5% of equity ownership interest in african minerals limited, a mineral exploration and
development company with significant iron ore and base metal interests in sierra leone.
spot
light
7
“[simpsonthacherhas]ahighcredibilitywiththelocalbankingcommunity”
iFlr1000 2010
quoting a client
Banking
oneofthekeyfactorsthatsetssimpsonthacherapartisthestrengthofourleveragedandacquisitionfinancepractice.inchina,wehaveexperi-encedlawyerswhoprovideon-the-groundfinancingcapability,andweareabletodrawonthestrengthofthewiderfirmasneeded.attorneysin theFirm’sbeijing,hongKong andlondonofficeshave advisedonsomeofthelargestandhighestprofileacquisitionfinancingsforchineseacquirerstodate.
simpsonthacher’sbankingandfinancepracticeisinternationallyrecog-nizedandranksamongthebestintheworldasevidencedbyourrecentband1rankingsbyChambers and Partners.ourpracticeisdistinguishedby our comprehensive knowledge of financial instruments used acrossa range of circumstances and at all levels of the capital structure, aswellasbyourappreciationof thecommercial realities that clients face.in addition toourpreeminent acquisitionfinancepractice, theFirm’sattorneysareregularlyretainedtoadvisecompaniesinstructuringnewcredit facilities or amending existing facilities, which often involvesnegotiatingwithlenderstoresetcovenantsoramendcollateralpackages.
theFirmprovidedacquisitionfinancingrepresentationformanyofthem&atransactionsmentionedpreviously.notableexamplesofourworkinclude:
� representationofKohlberg Kravis Roberts & Co. L.P.infinancingitsUs$576millionacquisitionofUnisteeltechnologylimited,adisk-drivecomponentsmakerinsingaporethatislistedonthesingaporeexchangesecuritiestradinglimited.thetransactionwasrecognizedbyFinanceAsiaasthe2008bestprivateequitybuyoutandbestleveragedFinancing.
� representationofKohlberg Kravis Roberts & Co. L.P.andAffinity Equity PartnersinconnectionwiththefinancingfortheirUs$1.8billionacquisitionoforientalbreweryco.,ltd.inKorea.
� representationofChinalcoinsecuringfinancingaswellaswiththeU.s.regulatoryaspectsinconnectionwithitsacquisitionofaninitialstakeinriotintoforapproximatelyUs$14billionandinsecuringaUs$1.5billionloanfacilityforitsrightsissue.theFirmalsorepresentedchinalcoinconnectionwithfinancingfortheproposedinvestmentofUs$19.5billioninriotinto,whichwasnotconsummated.
#1 overall law firm by volume and number of deals
loan pricing corporation (u.s.) 2009 & 2010
8 s imp son thacher & bartlett l l p
capital markets
aschinesecompaniesseektogainaccesstointernationalcapitalmarkets,many turn tosimpsonthacherandour internationally recognizedcapi-talmarketspracticeforguidance.ourpractice,whichisoneofthemostrespected,sophisticatedanddiverse in theworld, isuniquelybalancedwithabroadbaseofbothissuerandunderwriterclients,ensuringadiver-sity of experience that benefits all clients. our representations includeofferingsofamericanDepositaryshares (aDss) andother equity secu-rities,debtsecurities,convertible,exchangeableandotherequity-linkedsecurities, commercial paper and other financial instruments.We alsoadviseonderivativesproducts,securitieslawreportingandcompliance,stockexchangelistings,corporategovernanceandothermattersrelatingtotheU.s.andinternationalcapitalmarkets.
inchinaandthroughoutasia,wehavedevelopedastrongunderstandingoflocalcapitalmarketspracticeandregulation.Wehavebeeninvolvedinasignificantnumberofthenotableinitialpublicofferings(ipos)thathave launched in recent years. in addition, our attorneys have partici-patedinsomeofthemostsignificantprivatizationsandsecuritiesoffer-ingsofleadingchinesecompanies,includingpetrochina,chinamobile,bankofchina (hongKong),chinatelecom,bankofcommunications,bankofchinaandchinapinganinsurance.
recentexamplesofourcapitalmarketsworkinclude:
� representationofChangsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd.,aleadingchina-basedconstructionmachinerymanufacturer,inconnectionwithitsUs$2billionipoinhongKongandrule144a/regulationsoffering.
� representationoftheunderwritersinChina Railway Group Limited’sipoandrule144a/regulationsoffering.chinarailwayraisedacombinedUs$5.8billionfromitsduala-shareandh-sharelistinginshanghaiandhongKong,oneofthelargestequityofferingsin2007inGreaterchina.
� representationofChina Ming Yang Wind Power Group LimitedinitsUs$350millionnewYorkstockexchange(nYse)ipoofaDss,thelargestU.s.ipoofachinesecompanyin2010.
band1rankinginchinacapitalmarkets:
U.s.law(internationalFirms)chambers Global2011 &
chambers asia-paciFic 2011
9
� representationofBona Film Group Ltd.initsUs$99.8millionnasDaQipoofaDss,whichisthefirstU.s.ipoofachina-basedfilmcompany.
� representationoftheunderwritersinYouku.com Inc.’sUs$233millionnYseipoofaDss.
� representationoftheunderwritersinconnectionwiththerule144a/regulationsofferingofUs$1billionhigh-yieldbondsbyCITICResources Holdings Limited,oneofthelargesthigh-yieldbondofferingsbyanasianissuertodate.
� representationoftheunderwritersinAlibaba.com Limited’shongKongstockexchangeipoandrule144a/regulationsoffering.
� representationofFocus Media Holding Ltd.initsnasDaQipoandsecondaryofferings.
tier1rankingsin:chinacapitalmarkets:
ForeignFirmsand
hongKongcapitalmarkets:equity–
U.s.lawiFlr1000 2010 & 2011
“simpson thacher…has a formidable regional offering, with a corporate client base from greater china,
Korea and across southeast asia. it also has a strong profile with underwriters…”
the legal 500 asia pacific 2010/2011
spotlightU.S. IPO Expertisechinese companies have represented the single largest source of ipos of foreign companies
on the nyse and nasdaQ in recent years. simpson thacher is a clear leader in assisting
chinese companies in accessing the u.s. capital markets and has accumulated extensive related
experience and expertise in a broad range of sectors, including alternative energy, technology,
media, internet, consumer products, education and healthcare. according to a report
prepared by the nyse, we were involved in 18 of the 34 u.s. ipos of chinese companies
in 2010, representing the largest market share among all law firms.
the recent u.s. ipos of chinese companies in which the firm has been involved include
ambow education, autonavi, Bona film, camelot information systems, charm commu-
nications, china lodging group, china ming yang Wind power, concord medical services,
country style cooking, ctrip, focus media, hisoft technology, home inns, le gaga holdings,
shanda games, soufun holdings, trina solar, visionchina media, Xueda education and
yingli green energy.
1 0 s imp son thacher & bartlett l l p
private equity
builtonthestrengthoftheFirm’sglobalprivateequitypractice,ourteaminchina isactive inrepresentingclients inallaspectsofprivateequitywork, fromadvisingonbuyout transactions to raisingprivate funds toassistingportfoliocompaniesofprivateequityfirms.ourclientsincludesomeofthemostprominentprivateequityfirmsintheworldandthroughtheserepresentationswehaveworkedonmattersinvolvingtheirexpand-inginterestsinchinaandotherpartsofasia.
Whenitcomestobuyoutandinvestmenttransactions,wehaveuniqueinsight into the considerations important to all participants, includingfinancialsponsors,seniorbanklenders,subordinatedandbridgelenders,management and financial investors and underwriters. the Firm hasbeenapioneerinthedevelopmentofvariousacquisitionandfinancingtechniques involvedin leveragedbuyouts, investmentsandotherm&atransactions,andhasrepresentedthebuyerinthefivelargestleveragedacquisitionsevercompleted.initiallyfocusedintheU.s.,asbuyoutandinvestmenttechniqueshaveexpandedinternationally,theFirmhasbeencalledupon toapply itsknowledge inasia,europe,canada,australiaand other international locales aswell as to represent non–U.s. clientsseekingacquisitionsorinvestmentsintheU.s.
theFirmhasledmanysignificantprivateequitytransactions,includingthoselistedbelow:
� representationofThe Blackstone Group LPwithrespecttoitsfirstinvestmentinchina,aUs$600millioninvestmenttoacquire20%oftheequityofchinanationalbluestar(Group)corporation,aleadingmanufacturerofnewmaterialandspecialtychemicalproducts.thetransactionwashonoredbyFinanceAsiaasthebestprivateequityDeal(non-buyout)in2008.
� representationofBlum Capital PartnerswithitsinvestmentinpacificallianceGroupholdingslimited,whichmanagesinvestmentfundscoveringprivateequity,hedgefund,distressedandrealestateinvestmentsinasia.
� representationofApax PartnersandGeneral AtlanticandcertainexistingshareholderswiththeirinvestmentinsouFunholdingslimited,theoperatorofchina’sbiggestpropertywebsite.
tier1rankinginchina:ForeignFirms:privateequity
theleGal500
asiapaciFic 2010/2011
tier1rankinginhongKongprivateequity
iFlr1000 2009 , 2010 & 2011
“ofalltheprivateequitylawfirmsinhongKong,nonetrulyhavethe
reveredreputationattachedtoitsnamethan
simpsonthacher&bartlett.”iFlr1000 2011
Band 1 rankings in: asia-pacific region corporate/m&a: private equity
andasia-pacific region investment funds: private equity
chamBers gloBal & chamBers asia-pacific 2009, 2010 & 2011
11
� representationofMMI Holdings Limited,aportfoliocompanyofanaffiliateofKohlbergKravisroberts&co.lp,initsacquisitionofmetalformasiafromcGlholdingslimited,whichisownedbyaffiliatesofUnitascapital,GoldmansachsandKpmG(asliquidatorforlehmanbrothers).theacquisitionwasstructuredasastockandassetpurchaseofmetalformasiacompaniesinchina,thailandandsingapore.
� representationofThe Blackstone Group LPinconnectionwithanagreementwithGreateagleholdingslimitedtodevelopmorethan1,000newhomesinthenortheasternportcityofDalianintheliaoningprovince.
� representationof The Blackstone Group LPinconnectionwithitsacquisitionofa95%interestinchangshoucommercialplazainshanghai.
� representationofSilver Lakeinconnectionwithitsacquisitionof12.7%ofequityownershipinterestinspreadtrumcommunications,inc.,oneofchina’sleadingfablesssemiconductorproviders,whoseaDssarelistedonnasDaQ.
Investment Funds Practicesimpson thacher is one of the leading global law firms specializing in representing private equity funds and
fund formation work. our china investment funds practice draws upon this great strength and has had a leading
local private funds practice for over 15 years. We represent asset managers, investment funds, investors and
other participants in offshore and onshore investment funds, including regional and country equity funds,
infrastructure funds, specialized fund products and other asset management vehicles. the firm commonly
plays a key role in structuring, negotiating and documenting funds to reflect our comprehensive knowledge of
market terms and the latest fund technology.
recent representations in china include serving as outside counsel to raise funds for yunfeng fund l.p.,
new horizon capital iii, l.p., fountainvest china growth capital fund, l.p., trustbridge partners and
advantage partners group as well as representing china investment corporation as a limited partner.
spotlight
GlobalprivateFundslawFirmoftheYear
the internationalWho’s Who
oF bUsiness laWYers 2005–2009
alternativeinvestmentFundsFirmoftheYearasian-coUnsel2010
“maintainingaqualityprivateequityinvestmentfundspractice,[simpsonthacher’s]focusedteamiscontinuallypraisedbybothclientsandpeersforitsexcellentwork.”
chambers asia-paciFic 2011 & chambers Global2011
1 2 s imp son thacher & bartlett l l p
dispute resolution
For over twenty years, we have represented chinese and otherasianclientsinU.s.litigation,internationalarbitrationanddisputeresolutionengagements.With over 250 litigators around the world, our practiceencompasseseverytypeofcomplexlitigation,includingantitrust,insur-ance and reinsurance, intellectual property, product liability andmasstort,securities,mergersandacquisitions,laborandemployment,internalandgovernmentinvestigationsandothercommerciallitigation.
ateveryturn,wekeepourclients’objectivesattheforefrontofouragenda.someclientsaskustobattlethroughallstagesoftrialandappeals.Fortheseclients,wewill litigatecasesall thewaytothesupremecourt, ifnecessary,toachievethedesiredresult.otherclientsapproachlitigationor arbitrationwith an eye towards an expeditious and favorable settle-ment. in these situations,wemove quickly from the courtroom to theboardroomtonegotiatedisputeresolutionsthatmakeoptimalfinancialandpracticalsenseforourclients.
therepresentativemattersbelowdemonstratethebreadthanddepthofourpracticeinchina:
� representationofFocus Media Holding Ltd.inU.s.securitieslitiga-tioninconnectionwithallegationsthatthecompanyandcertainofitsofficersanddirectorsmademateriallyfalseormisleadingstatementsaboutFocusmedia’sbusiness,includingthefinancialimpactofacquisitionsinthecompany’sinternetadvertisingbusinessdivision.
� representationofPeak International Limited,ahongKong-basedengineeredplasticsandpackagingcompany,andbothitsceoanditscFoinU.s.securitieslitigation.WesuccessfullyobtainedthedismissalofclaimsagainstthecompanyandthecFo,andsubsequentlynegotiatedafavorablesettlementoftheclaimsagainsttheceo.
� representationofChinalcoinobtainingcommitteeonForeigninvestmentintheUnitedstates(cFiUs)clearanceofitsproposedUs$19.2billioninvestmentinriotinto.thetransactioninvolvedasecondphaseinvestigationbycFiUs.
� representationofKintetsu World Express,aninternationalfreightforwardingcompany,inconnectionwithaU.s.civilclassactionlawsuitandrelatedgovernmentantitrustinvestigationsinconnectionwithallegationsthatthecompanycolludedwithcompetitorfreightforwardingcompaniesinJapanandchinawithrespecttovarioussurchargesforfreightshipmentstotheU.s.
“‘iwouldtakeallmyessentiallitigationtothem,’ravesaclient.”eUromoneYbenchmarK
l it iGation2010
“[simpsonthacher’sdisputeresolution]practice
continuestoactonmanymatters
ofcross-borderimportance.”chambers Global2011
13
� representationofElpida Memory, Inc.inconnectionwithbothcrimi-nalandcivilmattersstemmingfromanallegedprice-fixingconspiracyinthemarketforDynamicrandomaccessmemory(Dram).
� representationof3Com Corporation,anetworkingsolutionscompanywithaleadingmarketpresenceinchina,inapatentinfringementsuitagainstrealteksemiconductorcorp.,theworld’slargestsellerofnetworkinterfacecardsandchips.3comaccusedrealtekofinfring-ingtenclaimsacrossfiveseparatepatentsthatinvolvedvitalnetworkinterfacecardtechnologydevelopedandpatentedby3com.afterobtainingaUs$45.3millionjuryverdictinourclient’sfavor,wenegotiatedasettlementforpaymentstotalingUs$70millionto3com.
� representationoftheauditcommitteeofaChinese solar energy companywithrespecttoallegationsmadebythecompany’sformerfinancialcontrollerthatthecompanymisrepresentedtheamountandusabilityofitsinventoryofitsmostimportantinput.theFirmconductedanindependentinternalinvestigationintotheallegationsanddeterminedthattheylackedmaterialsupport.thesecagreedwithourfindingsanddroppeditsinvestigation.
� representationofChina Nuclear Energy Industry Corporation,acompanyownedbythechinesegovernment,asaplaintiffinfederalcourtinDenverandasaclaimantinrelatedbankruptcyproceedings.
� representationofaChinese companyinaninvestigationbytheDepartmentofJustice(DoJ)intopotentialtheftoftradesecretsfromaU.s.competitor.
� representationofoneofthe largest real estate services firmsintheworldinaninvestigationintoitschineseoperationsregardingallegedviolationsoftheForeigncorruptpracticesact.afteritwasdeterminedthatviolationshadoccurred,thecompanydisclosedtheconducttotheU.s.regulatorsandtheFirmassistedthecompanyinitscooperationwiththesecuritiesandexchangecommission(sec)andDoJandobtainedtheagreementofthesecthatitwouldtakenoenforcementactionagainstthecompanyoranyofitsemployees.
� conductedaninvestigationofallegedcorruption,bothcommercialandgovernmental,relatingtoinvestmentsinchinabyoneofthe largest private equity firmsintheU.s.
“competitorsconsistentlycite[simpsonthacher]
asoneoftheworld’selite”eUromoneYbenchmarK
l it iGation2011
“simpsonthacherstandsasoneofthe
premierprovidersofU.s.securitiesadvice
across[asia]…[theFirm]‘providesexcellentserviceand–unfailingly–workofthe
highestquality.’”chambers Global2009
1 4 s imp son thacher & bartlett l l p
recognized with 11 Band 1 rankings across asiachamBers asia-pacific 2011
inparticular,theFirmhasbeenactiveingroundbreakingcross-borderm&atransactions in Japan, includingadvisingamerican internationalGroup, inc.(aiG)initssaleoftwoJapaneselifeinsurancecompaniesandaiG’sJapaneseheadquartersbuildingandcitigroup in itssaleofbellsYstem24tobaincapital.ourpreeminentcapitalmarketspracticehasrepresentedabalancedmixofissuersandunderwritersincludingDai-ichilifeinsurancecompany,limitedwith its ipoandrelated transactions, theunderwriters inaglobaloffering of shares of common stock issued by sumitomomitsui FinancialGroup,inc.andmizuhoFinancialGroupinitsoverseascapitalraising.ourtokyoofficeprovidesclientswithovertenexperiencedtransactionallawyers(includingthreepartners)whohaveJapaneselanguagecapability.
commitment to the region
beyondthebordersofchina, theFirmhasbeenactive in theasia-pacificregionforovertwentyyears.ourtokyoofficeopenedin1990.
“[simpson thacher] is an undisputed leader in the market and earns significant praise for its depth of knowledge and expertise.”
chamBers asia-pacific 2011 – Japan capital marKets
15
in addition, we have amassed an impressive track record in Korea forover ten years and are an established market leader, having representedKorean and foreign companies and financial institutions in substantiallyallofthelandmarktransactionsinKorea.simpsonthacherhasparticipatedin over 120 mergers and acquisitions and capital markets transactionsin Korea since the asian financial crisis of 1998, both completed andproposed (where substantial amount ofworkwas actually done),makingtheFirmoneof thepremier international lawfirmsduring thisperiod. inaddition to representingKohlbergKravis roberts&co. l.p. in itsUs$1.8billionacquisitionoforientalbreweryco.,ltd.,theFirmrepresentedKorealifeinsuranceandsamsunglifeinsuranceintheiripos,thetwolargestiposeverlistedontheKoreaexchange(andtwoofthethreelargest,includingdual-listedipos).
theFirmisalsoactiveinotherpartsoftheasia-pacificregioninconnectionwithmattersinindia,singapore,thailand,Vietnamandaustralia.
tier 1 ranking in south Korea: foreign firmsthe legal 500 asia pacific 2010/2011
1 6 s imp son thacher & bartlett l l p
hOng kOng
LEImIng [email protected]
PhILIP m.J. [email protected]
ChrIS k.h. [email protected]
SInEad O’[email protected]
JIn-hyUk [email protected]
yOUngJIn [email protected]
kathryn kIng [email protected]
our team
cont
acts
Webringagreatdepthofexperienceinchinawithateamoflawyersthatoffersanidealmixofsubstantivetransactionalexperienceandlanguagecapabilities.Webelievewehaveoneofthestrongestteamsofanyinter-nationalfirmwithspecializedpracticesinchina,ledbyninepartnersandapproximatelyfortyassociatesatallexperiencelevels,manyofwhomarefluentinmandarinchinese.ourlawyersinchinaworkcloselywithotherspecialistsbasedaroundtheworld,andweprideourselvesonourability to effectively coordinate andprovide full service counsel toourclientsonallaspectsofatransactionordispute.
For additional information about ourchinapractice, contact yourrelationshippartneratsimpsonthacheror:
bEIJIng
dOUgLaS C. [email protected]
ShaOLIn [email protected]
17
“very high quality. they’re fine lawyers and have been [in china]
for many years with a superb reputation.”chamBers asia-pacific 2011
quoting a client
www.simpsonthacher.com
UnItEd StatES425lexingtonavenuenewYork,nY10017+1-212-455-2000
2houstoncenter909Fanninstreethouston,tX77010+1-713-821-5650
1999avenueofthestarslosangeles,ca90067+1-310-407-7500
2475hanoverstreetpaloalto,ca94304+1-650-251-5000
1155Fstreet,n.W.Washington,D.c.20004+1-202-636-5500
aSIa3919chinaWorldtower1JianGuomenWaiavenuebeijing100004china+86-10-5965-2999
icbctower3Gardenroad,centralhongKong+852-2514-7600
arkhillssengokuyamamoritower9-10,roppongi1-chomeminato-Ku,tokyo106-0032Japan+81-3-5562-6200
Westtower,miraeassetcenter126eulji-ro5-gil,Jung-guseoul100-210Korea+82-2-6030-3800
EUrOPEcitypointoneropemakerstreetlondonec2Y9hUengland+44-(0)20-7275-6500
SOUth amErICaav.presidenteJuscelinoKubitschek,1455sãopaulo,sp04543-011brazil+55-11-3546-1000
