M&A

Veolia Water sets up a joint venture with Tianjin Water Works

Best of the Best: China Law & Practice Awards 2007
Navigating China's legal services market can be tricky: With so many law firms to choose from, in can be challenging for in-house counsel to select the best external advisers for their companies. China Law&Practice reveals the winners of its inaugural awards, which identify the top deals and law firms in five key practice areas.

Overview of the Anti-monopoly Law
The PRC Anti-monopoly Law codifies existing rules and establishes a basic legal framework to build a fair, uniform, and national competition-based economic system.

Suggestions on Regulatory Compliance with the New Anti-monopoly Law for Multinational Companies in China
The article helps legal departments of foreign companies in China to better understand the new law and legally maximize their interest under the restrictions of the Anti-Monopoly Law.

IP rights in China in an Anti-monopoly Law Era

Acquisition of Domestic FMCs by Foreign Investors Part II

Huawei Technologies acquired a minority interest in 3Com

Paul, Hastings, Janofsky & Walker advised COSCO's acquisition of the world's largest bulk carrier fleet

Companies, Exchanges and Transactions: Regulating the Re-emergence of China's Financial Futures Industry
The Futures Companies Measures are particularly helpful in examining and understanding the re-emergence of the financial futures industry in China and the evolving regime that will regulate its practice.

China Adopts a Comprehensive Competition Law After a 13-Year Journey

China Law & Practice Awards 2007: The Finalists
The inaugural 2007 China Law & Practice awards are being given to recognize excellence in China's legal services field. China Law & Practice provides a definitive list of the top law firms serving the China market.

Grandall Legal Group

Circular on Further Strengthening and Standardizing the Examination, Approval and Regulation of Direct Investment in Real Property by Foreign Investors [Full Text Translation]
关于进一步加强、规范外商直接投资房地产业审批和监管的通知
Possession of the leasehold or property ownership is required before establishing a foreign-invested real property company.

Methods of Overall Listing and Related Legal Issues

M&A REGULATORY THREATS LOOM, FOREIGN INTEREST WANES

Restrictions on Foreign Investment in the Real Estate Industry
New rules on foreign investment in real estate will further strengthen administration related to the examination, approval, registration and supervision of foreign direct investment in the industry.

SAFE Plugs Holes for China/Offshore Round-trip Investments
Cross-border "round-trip" investments and related transactions are now supported and constrained by newly-standardized comprehensive governmental procedures for foreign exchange registration.

Ministry of Commerce and State Administration of Foreign Exchange, Circular on Further Strengthening and Standardizing the Examination, Approval and Regulation of Direct Investment in Real Property by Foreign Investors [Legislation Digest]
商务部、国家外汇管理局关于进一步加强、规范外商直接投资房地产业审批和监管的通知
Possession of the leasehold or property ownership is required before establishing a foreign-invested real property company.

State-owned Assets Supervision and Administration Commission of the State Council and China Securities Regulatory Commission, Tentative Measures for the Administration of the Transfer of Shares of Listed Companies Held by State-owned Shareholders [Legislation Digest]
国务院国有资产监督管理委员会、中国证券监督管理委员会国有股东转让所持上市公司股份管理暂行办法
Shares of listed companies held by state-owned shareholders transferred according to the market price.

State-owned Assets Supervision and Administration Commission of the State Council, Tentative Provisions for the Administration of the Acquisition of Shares of Listed Companies by State-owned Work Units [Legislation Digest]
国务院国有资产监督管理委员会国有单位受让上市公司股份管理暂行规定
First provisions on the acquisition of shares of listed companies by state-owned entities.

China M&As Dominant, But Difficult
Merger and acquisition in China is expected to remain regionally most active yet challenging in 2007.

New Merger Control Guidelines Clarify Procedures and Information Required for Merger Filings in China
The new Guidelines detail what information is required from a notifying party in its submission to the Antitrust Investigation Office. Key procedural issues are also clarified.

Guidelines on Anti-monopoly Filings for Mergers and Acquisitions of Domestic Enterprises by Foreign Investors [Full Text Translation]
关于外国投资者并购境内企业反垄断申报指南
These Guidelines aim to facilitate filings for mergers and acquisitions of domestic enterprises by foreign investors to ensure that they are not in violation of the anti-monopoly law.

Office of Anti-monopoly Investigations, Department of Treaty and Law, Ministry of Commerce, Guidelines for Anti-monopoly Filings in Connection with Mergers and Acquisitions of Domestic Enterprises by Foreign Investors [Legislation Digest]
商务部条法司反垄断调查办公室关于外国投资者并购境内企业反垄断申报指南
Anti-monopoly filings required before conducting mergers or acquisitions.

The Art of Investment: Tactics for Acquiring PRC Listed Companies

China Law&Practice: Charting China's Legislation for 20 Years
An overview of the biggest legislative developments over the past two decades and the key issues affecting law firms in China today.