| Troutman Sanders is set to pull out of Asia after closing its offices in Hong Kong, Shanghai and Beijing by the end of May, according to media reports. The exit comes despite the Atlanta-headquartered firm having seen “a record year for revenue” in Hong Kong last year, as stated by Eric Szweda, the office managing partner, in an interview with ALB in November. |
| In Asia’s complex and always changing business landscape, companies are required to stay nimble and innovative in order to set themselves apart from their competition. |
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| Skadden, Arps, Slate, Meagher & Flom has advised Toshiba Corporation on its agreement to sell its claims against bankrupt U.S. nuclear plant maker Westinghouse Electric for $2.16 billion to a consortium controlled by the Baupost Group. |
| Mayer Brown JSM has hired banking and finance partners Kayal Sachi and Ian Roebuck as partners in its Singapore office from Allen & Overy. |
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