Asia & Australia

March 06, 2019

Hong Kong Office to be opened by Cooley with Skadden Partner Hire


Hong-Kong-Office-to-be-opened-by-Cooley-with-Skadden-Partner-Hire

Skadden, Arps, Slate, Meagher &Flom partner Will Cai has been recruited by Cooley as the West Coast-based firm plans to launch its third Asian office in Hong Kong.

Qualified in both the US and Hong Kong, Cai regularly advises Chinese tech and internet companies on listings in Hong Kong and the U.S. He worked on several big-ticket IPOs, including acting for Chinese video streaming site iQiyi Inc. on its $2.25 billion Nasdaq listing in March, and representing smartphone maker Xiaomi Corp on its $4.7 billion IPO on the Hong Kong Stock Exchange, last year.

Further, Cairepresented Beijing-based mobile content provider Bytedance Technology Co. on a $1 billion acquisition of video app Musical.ly. Chinese native,Cai, has been a partner at Skadden since 2014. Alongside the firm’s China practice head Julie Gao, Hong Kong partner Christopher Betts and Shanghai partner Haiping Li,Cai, has been part of one of the most active capital markets teams in China.

Skadden Hong Kong office head Jonathan Stone in an emailed statement said, “Will is a highly respected colleague and lawyer. We thank him for his contributions and wish him all the best.” All of Cooley’s three Asian offices are in Greater China (that includes Hong Kong).

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