Dacheng
China’s law firm with the largest turnover, Dacheng, has generated $350m (RMB 2.25bn) in fees in 2014 with a lawyer headcount of 3,112 and 1,156 partners, followed by King & Wood Mallesons (China) with revenues of around $280m in 2014 and 1,104 lawyers.
We know what Desai & Diwanji, HSA Advocates, I&S Associates, AZB & Partners, Fox Mandal and KS Partners and others did this month.
Sino-Singaporean joint venture law firm Dacheng Wong Alliance’s India practice advised on Singaporean e-waste company Enviro-Hub Holdings' (EHH) Rs 110 crore ($20m) sale of its subsidiary to Indian IT company Cerebra Integrated Technologies.
Former Lexygen Singapore partner Yang Yen Thaw alongside fellow Dacheng India co-head and managing principal Aloysius Wee, and senior associate Richa Chaturvedi acted for the Bangalore-based Cerebra, which bought EHH's wholly-owned Singaporean subsidiary Cimelia Resource Recovery.
Consultancy firm Grant Thornton India advised on the financial aspects of the deal. Yang Yen Thaw said no Indian firms acted on the deal.
With this deal Cerebra would become one of the first global Indian multinational companies in the area of electronics and electrical equipment (WEEE) waste, an industry estimated at around $20 billion currently, according to Business Standard.
Private equity boutique Lexygen’s former Singapore partner Yang Yen Thaw, who left in December 2011, has joined Chinese firm Dacheng Wong Alliance LLP as co-head of its India practice from Singapore.
Vaish Associates Advocates has formed a best-friends relationship with Chinese-Singaporean firm Dacheng Central Chambers (DCC).