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Asia Appts: Dechert gains, loses lit partner
Also, Virtus Law raids Colin Ng & Partners for four corporate lawyers, Hogan Lovells hires IP/TMT partner from Freshfields, and Sidley gets new energy partner in Beijing in our weekly Asia appointments roundup.
Empower buys cooling firm for $500 mln
Dubai district cooling firm Empower bought Palm Utilities from a unit of Dubai World for $500 million on Sunday, part of a shuffle of assets between companies ultimately owned by Dubai’s government or the emirate’s ruler.
Abu Dhabi plans aviation biofuel project with Boeing, Total
Abu Dhabi’s state-owned carrier Etihad Airways is joining with French energy firm Total and U.S. aircraft maker Boeing to develop biofuels in the emirate, company officials announced on Sunday.
SFO ‘granted extra funds to probe Rolls-Royce corruption case’
The Serious Fraud Office has received additional funding from the UK Treasury in its probe of alleged bribery and corruption by defence group Rolls-Royce in China and Indonesia, the Financial Times reported, citing sources.
Two Birds welcomes China corp partner
Bird & Bird has announced the arrival of Sven-Michael Werner as a partner in its China corporate practice.
K&L Gates adds corp partner in Singapore/Shanghai
K&L Gates has named Siew Kam Boon as a partner in its M&A and private equity practices. Boon will split his time between the firm’s Singapore and Shanghai offices.
Sidley Austin hires Beijing partner
Sidley Austin has recently appointed Lan Tao as a partner at its Beijing office to strengthen its M&A and energy practices, following several other significant partner hires.
2 promotions for DFDL
Southeast Asian law firm DFDL has promoted two lawyers to partner – energy, mining and infrastructure specialist Audray Souche in Thailand, and real estate expert Guillaume Massin in Cambodia.
Dechert adds lit partner in HK
Dechert has hired disputes lawyer Kareena Teh from Baker & McKenzie as a litigation partner in Hong Kong.
New Saudi airline in $2 bln deal for Bombardier planes
Saudi Gulf Airlines, a new carrier born of the deregulation of Saudi Arabia’s aviation market, has signed a $2 billion deal with Canada’s Bombardier Inc to buy 16 CSeries jets with options for 10 more, the airline’s owner said on Thursday.