Thursday, 23 August 2018

International round-up: Fieldfisher opens third China office as Pinsents settles Madrid dispute

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International round-up: Fieldfisher opens third China office as Pinsents settles Madrid dispute

Ever-expansive Fieldfisher has bolstered its presence in Asia having opened a third office in China, while Pinsent Masons has settled a dispute with its former Spanish best friend firm over its Madrid outpost.

Fieldfisher’s new office in in Guangzhou, which will focus on corporate, M&A, dispute resolution and IP work, is staffed by a seven-lawyer team from local firm Geenen Law Office.

Three are partners: Zhongran Lian, Kuan Liu and Connie Wong. Lian is a commercial litigation and arbitration specialist, with more than 30 years’ experience in representing both state-owned and private companies. Similarly, Liu is an arbitration and litigation partner with over 20 years’ experience in civil and commercial cases.

Wong has a broad corporate history and has advised a range of clients on both inbound and outbound cross-border investments.

The Guangzhou hub marks Fieldfisher’s third Chinese office, following launches in Beijing in November 2016 and Shanghai in February 2017.

Fieldfisher’s Chinese operation now consists of 14 partners and 21 lawyers as well as paralegals and support staff.

Managing partner of Fieldfisher China, Zhaofeng Zhou, told Legal Business: ‘We are following our clients, we have big clients in the Guangzhou region. Geographically it also has lots of potential due to financial investment from the Chinese government.’

Zhou noted that Guangzhou is one of China’s four first-tier cities with the others being Beijing, Shanghai and Shenzhen. It is the capital of Guangdong province, which has a GDP similar to Spain. The firm considers it home to companies from many of its key sectors, including automotive and biotechnology.

Meanwhile, a wrangle between Pinsents and former Spanish best friend firm Ramón & Cajal has been concluded.

Ramón had initially sued Pinsents after it hired four of its lawyers following failed merger talks in 2016. The UK-based firm had appointed Diego Lozano, Antonio Sánchez Montero, Inmaculada Castelló and Idoya Arteagabeitia, despite Ramón alleging that the hires violated a previously agreed no-hiring provision.

The Spanish firm turned to Quinn Emanuel Urquhart & Sullivan co-head Richard East to fight its claim, while Pinsents enlisted Ashurt partner James Levy and Blackstone Chambers barrister Thomas Croxford.

A spokesperson for Pinsents said: ‘The parties have settled the litigation and their previous good relations are now restored. The parties do not intend to comment further.’

tom.baker@legalease.co.uk