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Linklaters makes twin Hong Kong partner hires to boost corporate and banking teams


Linklaters makes twin Hong Kong partner hires to boost corporate and banking teams
12 March 2021
Xiaoxi Lin joins from Kirkland & Ellis and Alessandro Nolet joins from White & Case
Hong Kong strengthens its position as an arbitration seat for Chinese matters Shutterstock
Magic Circle firm Linklaters has made a double partner hire in Hong Kong with the arrival of M&A lawyer Xiaoxi Lin and leveraged finance expert Alessandro Nolet.
Lin joins the firm’s corporate practice from Kirkland & Ellis, while Nolet joins the firm’s banking practice from White & Case. 
Lin brings with him extensive experience in private equity, focusing on buyouts and growth capital investments. Nolet, meantime, focuses on advising banks and financial institutions, private equity funds and corporates on banking, finance and restructuring transactions. ....

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Curfew order on bars and restaurants only applies to establishments part of the lawsuit


Curfew order on bars and restaurants only applies to establishments part of the lawsuit
Many bars and restaurants may be wondering whether a judge s ruling on the state s closure curfew impacts them.
Author: Jeff Preval
Updated: 6:02 PM EST March 1, 2021
BUFFALO, N.Y. We re looking into the fallout after a judge s decision to grant dozens of local restaurants and bars a preliminary injunction on the state s closure curfew. 
Those establishments were successful over the weekend, when a judge issued his decision in favor of the restaurants and bars.
For the more than 90 restaurants and bars, who were part of the lawsuit, it’s back to normal operating hours once again. This after state Supreme Court Judge Timothy Walker granted them a preliminary injunction, saying they no longer have to follow the closure curfew which Judge Walker called irrational. ....

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Milbank makes four partner hires in Hong Kong


Milbank makes four partner hires in Hong Kong
Submitted
21/01/2021 - 10:46am
Significantly expanding the firm’s M&A and private equity and leveraged finance capabilities, Milbank LLP has added market-leading attorneys Andrew Whan, Neeraj Budhwani, Davide Mencacci and John Bona to the firm’s Hong Kong office.
Whan, who will be joining the firm, and Budhwani advise an array of leading private equity funds on domestic and cross-border leveraged buyouts, management buyouts and buy-ins, venture capital and public M&A transactions. They regularly act for some of the largest private equity funds in the world, including Affinity, Carlyle, CVC, MBK Partners, Partners Group and Permira. ....

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Milbank unveils quartet of Hong Kong M&A and private equity partners after raids on UK Magic Circle


Milbank unveils quartet of Hong Kong M&A and private equity partners after raids on UK Magic Circle
21 January 2021
Milbank unveils quartet of Hong Kong M&A and private equity partners after raids on UK Magic Circle
New arrivals include ex-Clifford Chance Asia Pacific private equity co-heads Andrew Whan and Neeraj Budhwani
Neeraj Budhwani (left) and Davide Mencacci
Leading Wall Street firm Milbank has unveiled a quartet of partner-level lateral hires in Hong Kong as it seeks to build out its M&A, private equity and leveraged finance business.
Partners Andrew Whan and Neeraj Budhwani have joined from Clifford Chance, where they were co-heads of its Asia Pacific private equity practice, while Davide Mencacci and John Bona arrive from Linklaters, where Mencacci was global head of banking and Bona a banking and finance counsel. ....

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'Staggering' losses reported by restaurants suing over Covid-19 safety precautions


The financial losses reach into the millions at the establishments familiar to everyone: Duff’s Famous Wings and Santora s Pizza Pub and Grill.
But the losses in the tens and hundreds of thousands of dollars are every much as crushing to the smaller restaurants better known in their own locales, like Londa s Diner in Depew and Raphael s in Hamburg.
Two dozen Buffalo area restaurants – big and small, with offerings from pub food to Italian cuisine, but all under an indoor-dining ban – submitted court affidavits this week detailing more than $10 million in financial losses for 2020 and 856 job cuts since March. They re among the 70 restaurants that signed on to a State Supreme Court lawsuit seeking a relaxation of state Covid-19 safety precautions. ....

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