Orrick Herrington & Sutcliffe has boosted its Asian structured finance practice with the hire of Michelle Taylor as partner in its Hong Kong office. She joins the firm from Paul Hastings where she was also a partner. Taylor has several years experience in the Asian securitization business; working on several notable deals including the first CMBS in China and first future flow ABS from Korea. "We are excited to add someone like Michelle who is extremely bright and energetic and is exceptionally well-regarded by the most active international investment banks in the sector," said Al Sawyers, co-head of the firm's structured finance practice. "We believe the potential for continuing growth in the structured finance sector in Asia is enormous, and Michelle is among the very few practitioners in the region who currently is focused solely on structured finance and capable of building a leading practice in Asia."
Mayer Brown Rowe and Maw, which will open an office in Hong Kong on Jan. 1, is seeking to boost its Asian presence. Aside from broader regional objectives, the move will enable the firm to help clients do business in China and assist Chinese companies with their international aims. Mayer Brown has hired Jeffrey Chen from Jones Day to head the practice. The firm is also interviewing other lawyers to join its new office with the intention of having a team of between 10 and 12 within the next 18 months. Chen specialized in securitization at Jones Day, and his new employers are eager to tap into his expertise in the immediate future. "Initially, the Hong Kong office will focus on securitization and structured finance throughout Asia, but will soon provide a broad range of legal services to local Asian companies seeking advice regarding the U.S. and Europe, and to foreign companies operating in Asia," the firm said in a statement.