After forming alliance in SG, global firm renews China ties with local law firm

The international firm has been in a relationship with its Chinese partner since 2008

After forming alliance in SG, global firm renews China ties with local law firm
Ashurst has extended its alliance with China’s Guantao Law Firm for another six years.

Last week, Ashurst chairman Ben Tidswell and Guantao managing partner Cui Liguo signed the deal in Sydney. Guantao has an office in the city. Ashurst and Guantao first formed a strategic alliance in 2008, extending it in 2015.

The alliance renewal comes after Ashurst formed a formal law alliance in Singapore after being approved by regulators. The alliance will be known as Ashurst ADTLaw.

The firm is also considering forming a joint venture with Guantao in the Shanghai Free Trade Zone, according to reports, but the London-headquartered firm has not confirmed these rumours.

Magic Circle firm Linklaters said last month that it is close to forming a “best friends” agreement in the free trade zone. The firm is spinning off a new firm in China, which will comprise three partners and 16 lawyers who are leaving the new firm.

Ashurst and Guantao’s alliance specialises in insolvency and restructuring, financial derivatives, intellectual property, energy and infrastructure, and corporate and M&A.


Related stories:
Ashurst announces formal alliance in Singapore
Global firm revamps Asia Pacific operations in Southeast Asia pivot

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Allen & Overy advises on $6.1bn debt financing for Australian broadband giant

Victoria launches inaugural legal program dedicated to trans and gender-diverse community

Clifford Chance Singapore ally attracts litigation star

Ashurst snaps up PwC partner

Major firms act in Brisbane’s billion-dollar Queen’s Wharf project

Legal ops expert joins BarkerGilmore’s senior advisor team

Most Read Articles

Ashurst snaps up PwC partner

Tax specialist makes partner at JWS

Clayton Utz represents in $643m sale of Rialto Tower interest

Bird & Bird partner believes that sports is ‘a force for good’