Asia Chronicles, Oct. 14, 2010 — Continuing the strategic growth of its financial services capabilities in Asia, Bingham has expanded its Hong Kong office with the addition of three partners: Laurence Isaacson, Vincent Sum and Mark Fucci. According to Chairman Jay Zimmerman, Bingham’s investment reflects a growing need within the financial services industry for high-level legal counsel based in Asia. He noted the increased capability in Hong Kong and Tokyo, where Bingham is the fourth-largest full-service law firm with 75 lawyers. “With our exceptional on-the-ground talent and integrated global platform, Bingham is well-positioned to serve clients facing sophisticated legal issues related to doing business in Asia,” said Zimmerman.
Isaacson, a recognized leader in structured finance, represents clients in a wide variety of complex asset-based transactions, including collateralized debt, loan, swap and fund transactions; structured products backed by a variety of financial assets; credit linked notes; complex credit derivative transactions; and other structured vehicles. “Expanding our U.S. and U.K. strengths in structured finance to Asia allows us to focus our abilities to advise clients on complex asset-based transactions,” said Isaacson. Sum, who joined Bingham from Hogan Lovells in Hong Kong, where he led the debt capital markets practice, has extensive experience in structured transactions, derivatives, structured credit, retail and non-retail structured funds, and debt capital markets. “Bingham is a market leader in structured transactions,” said Sum. “The firm’s focus and dedication of resources to Hong Kong and Asia means we are position to serve our clients with best-in-class lawyers who have critical relationships in the region.” Fucci, a partner in Bingham’s global Financial Restructuring Group who transferred to Hong Kong from the firm’s Tokyo office, has substantial experience in restructurings, insolvencies and complex financial transactions. He has represented creditor clients in a number of major cross-border insolvencies, including Spansion, a case involving parallel U.S. and Japan insolvency proceedings. “Expanding in Hong Kong is a logical evolution of our cross-border restructuring practice, especially with so many of our Hong Kong clients active in Japan,” said Fucci.
News of Bingham’s expansion in Asia was also reported by Ignites Asia, AmLaw Daily, the Lawyer and IFLR.