Antitrust Law Daily Wrap Up, LAW FIRM NEWS: Baker & McKenzie, FenXun Partners enter Joint Operation in China, (May 8, 2015)
Law Firms Mentioned:Baker & McKenzie | FenXun Partners
Organizations Mentioned:Asia Pacific
Global law firm Baker & McKenzie and Chinese law firm FenXun Partners have become the first international and People’s Republic of China (PRC) law firms to enter into a Joint Operation in the China Free Trade Zone in Shanghai, representing a “historic step” and adding unique capabilities to Baker & McKenzie’s competition practice.
FenXun partner Zhi Bao has extensive experience with China’s anti-monopoly law. He served with the PRC Ministry of Commerce (MOFCOM) for over seven years, drafting a number of regulations with respect to foreign investments, such as regulations for mergers and acquisitions of domestic Chinese enterprises by foreign investors.
“Not only does the Joint Operation again demonstrate Baker & McKenzie’s leadership in seizing new market opportunities to enhance our offering to clients, having Mr. Bao on board adds a genuine PRC Competition specialization working alongside Stephen and our China team,” stated head of Baker & McKenzie’s Mergers and Acquisitions and Competition groups in Hong Kong and China, David Fleming. “We now have the ability to deal directly with MOFCOM and the PRC regulators—for example on merger control filings—which makes us unique among international law firms in China.”
“We are delighted to enter into this Joint Operation with the premier global law firm, Baker & McKenzie,” stated FenXun Managing Partner Yingzhe Wang. “FenXun Partners’ mission has always been to deliver results that help our clients achieve their strategic and commercial objectives. In this respect, we share with Baker & McKenzie common values and a common approach to our client relationships. The Joint Operation with Baker & McKenzie will better enable us to server our PRC clients’ international legal needs.”
Baker & McKenzie is an international law firm with more than 4,200 attorneys in 77 offices, spanning Africa, the Asia Pacific, Europe, Latin America, the Middle East, and North America. FenXun Partners is a Chinese law firm based in Beijing that advises multinational corporations, Chinese companies, financial institutions, and PRC government authorities on a range of issues, including anti-monopoly.
Attorneys: David Fleming (Baker & McKenzie), Zhi Bao, and Yingzhe Wang (FenXun Partners).
News: IndustryNewsTrends Antitrust