Paris-headquartered international law firm Gide Loyrette Nouel (Gide) has closed its office in Hong Kong and launched an amicable relationship with Hong Kong-based independent law firm Howse Williams Bowers (HWB).
The deal will see Gide’s three Hong-Kong based attorneys, including its Hong Kong partner Gilles Cardonnel and senior associate Carmen Che to join HWB to set up a desk specializing in European clients. The move leaves Gide with three offices in Asia: Beijing, Shanghai and Ho Chi Minh City, respectively.
David Boitout, partner in charge of Gide’s practice in Asia, stated the firm’s optimism toward this alliance in the press release and consider it an opportunity to Gide’s complex and strategic transaction in Greater China. The firm has a nearly 30 years of practice in China and opened its Hong Kong office in 2006 to support the offices in mainland China. Gide’s Hong Kong office converted into a local firm in 2011 with both Gilles Cardonnel and Carmen Che qualified to practice local law.
Gide has advised numerous clients in foreign direct investments as well as mergers and acquisitions between China and EMEA, including the buyout of Pierre et Vacance SA, and a some $60bn power plant project in Africa invested by Chinese conglomerate.
Whereas closing one office in Asia, Gide will continue its operation in the rest of Asia Pacific region with a total number of 49 lawyers dedicating in its three offices. The French originated law firm currently has approximately 600 attorneys, 100 partners and 14 offices worldwide, making it one of the largest European global law firms.