The move confirms that in specific areas such as M&A, project finance and advice for financial sponsors, business in East Asia continues to be robust for law firms.
Ling currently practices in the M&A group in Beijing, and worked on some of the large China M&A deals this year, including the China Netcom-China Unicom merger, the Huawei Technologies joint venture with Symantec and some China outbound deals.
Udovicic is part of the project development and finance group in Singapore. She worked on the financing of the Gheco-One independent power project in Thailand, and the refinancing of the Santa Rita power project in the Philippines.
Xin Chen will develop the firm’s asset management capabilities in Asia. She moves from New York where she has advised private equity and venture capital firms, as well as hedge funds on investments in Asia, the US, Europe, Latin America, Africa, and the Middle East.
As of 2006, Shearman & Sterling was the 17th largest law firm in the world as measured by annual revenue.
Via Finance Asia.