With nearly four decades in the region, Paul, Weiss has long been recognized as a leader and legal innovator among international law firms in Asia. Our Asia based partners have been consistently ranked in the top tier of practitioners in their areas of expertise.
Paul, Weiss Recognized for “Private Equity Deal of the Year” by China Law and Practice
- Awards
- September 23, 2013
Practices
China Law and Practice awarded Paul, Weiss "Private Equity Deal of the Year" for the firm's involvement in the privatization of Focus Media, China's largest lifestyle-targeted, interactive digital media network. The $3.7 billion transaction, for which Paul, Weiss advised The Carlyle Group, was China's largest-ever private equity deal.
The firm was shortlisted for "M&A Deal of the Year" for its involvement in Alibaba's repurchase of a 20 percent stake from Yahoo! in which the firm advised Silver Lake Partners and an Asian sovereign wealth fund in the largest-ever private financing for a private sector Chinese company and the largest non-LBO private financing for a technology company globally. The firm was also shortlisted for "Energy and Natural Resources Deal of the Year" for its role in CNOOC's acquisition of Nexen, the largest-ever overseas acquisition by a Chinese company.
The awards, now in their seventh year, celebrate innovation, complexity and market impact. Selection entails a rigorous four-month research process with private practice lawyers, in-house counsel and specialists at financial services firms based on deals that include a significant China element. The publication acknowledges work that influences the legal market and impacts the quality and development of China's legal landscape.