Cooley to operate independently in Hong Kong

The office is home to 20 lawyers who advise clients across different industries and jurisdictions

Cooley to operate independently in Hong Kong

The Law Society of Hong Kong has approved an application by International firm Cooley to operate as a single entity in Hong Kong. This transition follows a three-year period of association with a local Hong Kong firm, as required by local regulations, and is a testament to Cooley’s successful integration into the regional market, the firm said.

 As a result, effective June 30, Cooley HK and CYL & Partners has combined into one firm under the name Cooley HK. This transition is a technical matter that was in the works since the office’s launch and will have no impact on client service.

 As part of its expansion throughout the Asia-Pacific region, Cooley opened in Hong Kong in 2019 following the success of the Beijing and Shanghai offices. Over the past three years, the Hong Kong office has grown rapidly, and it is now home to 20 lawyers who advise clients across different industries and jurisdictions. During the same period, Cooley has also significantly expanded its capital markets practices in Asia, growing from one capital markets lawyer when the Hong Kong office opened to around 50 capital markets lawyers across its four Asia offices.

 In the past three years, the Hong Kong team has represented issuers and underwriters in a number of high-profile IPOs and other capital markets transactions, including completing nine US IPOs (including deSPACs), five Hong Kong IPOs, and several follow-on offerings, with total fundraising of more than US$8 billion. Additionally, the team has completed more than 50 M&A and VC financing transactions, raising more than US$6 billion.

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