The law firm of Loeb & Loeb LLP has announced that it is opening an office in Hong Kong, which is the second office in Asia for the firm. The office in Hong Kong will also partner with the solicitors’ firm of Pang & Co. in Hong Kong. Benny Pang will head the office in Hong Kong and will join Loeb & Loeb as a partner in the firm’s Capital Markets Department. The office will also be headed by Lawrence Venick, a Loeb & Loeb partner, who will be coming over from the Beijing office of the firm, according to a press release from the firm.
“As one of the world’s leading international financial centers, Hong Kong has been a key part of our strategic growth plan in Asia for some time,” said Loeb & Loeb Chairman Michael D. Beck. “The Hong Kong office and the association with Pang & Co. will offer our clients access to an important business market that is a major player in the global economy.”
There are 16 lawyers with Pang & Co. and it features attorneys qualified to practice in the United States and Hong Kong.
“This established Hong Kong office and experienced on the ground team through the association will significantly expand our capability to assist companies throughout Asia with IPOs and Hong Kong financings,” said Mitchell S. Nussbaum. Nussbaum is the chair of Loeb & Loeb’s Capital Markets and Asia Practices. “In addition, our strong presence in Hong Kong will provide an excellent platform to help our Asia- and U.S.-based clients in a variety of cross-border mergers and acquisitions.”
“Loeb & Loeb’s reputation in China is strong and the firm’s extensive experience helping numerous Chinese companies gain access to U.S. capital markets is highly regarded,” said Pang. “I look forward to bringing my Hong Kong law practice to the firm and working with such a sophisticated team to further enhance Loeb’s ability to advise foreign and domestic businesses in the Greater China Region on local and cross-jurisdictional transactions.”