Paul Hastings Vale Deal Awarded Equity Deal of the Year at IFLRs 2011 Asia Awards
Hong Kong (March 4, 2011) Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that International Financial Law Review (IFLR) has awarded Paul Hastings Vale S.A. deal Equity Deal of the Year at IFLRs 2011 Asia Awards.
The award recognized the firms work advising J.P. Morgan as the sponsor in Vale Corporations listing of Hong Kong Depositary Receipts (HDRs) on the Main Board of the Hong Kong Stock Exchange (HKSE) by way of introduction. Vale is the second largest diversified mining company in the world by market capitalization and this landmark deal marked the first ever listing of HDRs on the HKSE.
The IFLR awards reward legal innovation, not size, time or media attention. Winners are selected on the basis of precedent-setting invention and client interviews. The prestigious awards ceremony was held in Hong Kong on 3 March, 2011.
The Paul Hastings team on this deal consisted of lawyers from across the firms offices in the United States and Asia and included partners Catherine Tsang, Sammy Li, Chris Betts, Scott Saks and Michael Zuppone.