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September 17, 2015
SHANGHAI, September 17, 2015—China Law & Practice named Covington "International Firm of the Year - Life Sciences" at its annual awards ceremony. The leading Chinese legal publication also named Hui Xu a "Rising Star" in regulatory and compliance law and recognized the firm for its role in its "Deal of the Year," Lenovo’s acquisition of IBM's server business.
The China Law & Practice awards celebrate the innovation, complexity, and market impact of lawyers in China and recognize how their work benefits the quality and development of China's legal landscape.
International Firm of the Year - Life Sciences
Covington's Life Sciences Industry Group integrates the firm's extensive transactional, regulatory and intellectual property experience to meet the specialized needs of life sciences companies. The team has substantial cross-disciplinary experience in these practice areas, as well as significant international experience in the major pharmaceutical markets, like China.
Rising Star - Regulatory and Compliance Law: Hui Xu
Hui Xu represents clients in multi-jurisdiction white collar litigation, conducts complicated internal anti-corruption and other investigations, performs compliance due diligence for high-profile transactions, presents bilingual compliance training for senior executives and management teams, and advises on compliance with the FCPA and Chinese bribery laws.
Deal of the Year
Covington advised Lenovo in securing approval from the Committee on Foreign Investment in the United States on its US $2.3 billion acquisition of IBM's server business. David Fagan, Mark Plotkin, Stuart Eizenstat and Jonathan Wakely led the Covington team in connection with the approval process.