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News & Events  2012

  • On November 29, 2012, Ms. Jie (Jenny) Zhong, Partner of Broad & Bright, was invited by the European Union SME Center (“EUSME Center”) in Beijing as its external legal counsel to speak at the British Chamber of Commerce in China (“BritCham”) on the “Pitfalls in Contract Making in China”. At the seminar, Ms. Zhong explained to the members of the BritCham about some common pitfalls and mistakes in the negotiation, drafting, execution and performance of the commercial contracts in China and also answered questions raised by some of the participants. Ms. Zhong is one of the external legal advisor to the EUSME Center, which is a consulting service agency officially sponsored by the European Union. Broad & Bright is also a member of the BritCham in China.
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  • Broad & Bright was recently recognized at the China Law & Practice Awards 2012 when it was awarded Team of the Year (Domestic Chinese Law Firm) for Projects, Energy & Natural Resources. In addition, Broad & Bright was recognized with the following three nominations: Up-and-Coming Firm of the Year; Firm of the Year (Domestic Chinese Law Firm): Anti-trust and Competition; and Deal of the Year (M&A): Joy Global’s acquisition of International Mining Machinery Holdings (IMM), where Broad & Bright represented Joy Global in its acquisition of TJCC Holding’s 41% stake in Joy Global.
    The China Law & Practice Awards celebrates achievements made by both international and domestic law firms across mainland China and its territories.
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  • On August 28, 2012, Ms. Jie (Jenny) Zhong, Partner of Broad & Bright, was invited by the Israeli Chamber of Commerce (Ischam), the Swiss Chamber of Commerce (SwissCham) and Belgian Chamber of Commerce (BenCham) in China to speak on the “Hot Issues and Headaches of the Chinese Labor Law” with some of the Israeli, Swiss and Belgian companies having business operations in China. At the seminar, Ms. Zhong also answered questions raised by some of the participants regarding the proper termination of employment contracts, calculation of severance payment and settlement of labor disputes. Please refer to the column “Publications” for an article summarizing the seminar topics. Broad & Bright has maintained long-term good cooperation with Ischam and other European Chambers of Commerce in China.
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  • Broad & Bright proudly participated as a Supporting Sponsor in an international symposium organized and hosted by the Peking University School of Law and the University of Texas School of Law. The symposium, titled Oil and Gas Development Off-shore: Comparative Legal Approaches to Preventing Spills and Addressing Liability, and which was held on August 21, 2012, brought together legal academics and practitioners, government officials, and other leading industry figures from China and the United States to discuss and present the experiences of various nations in developing legislation, regulatory regimes, and industry best practices to prevent and mitigate the risks of oil and gas development offshore. This event represents the inaugural effort to bring both law schools together and will pave the way for follow-up meetings, a training program for senior executives and legal counsels of Chinese State-owned and private energy companies, and the publication of a comparative energy and environment law textbook.
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  • On August 2, 2012, the People’s Daily Overseas Edition published an article that featured an interview with Broad & Bright Beijing Partner Hongchuan Liu. Mr. Liu was featured in the article for his personal outlook on the three primary advantages that mainland Chinese lawyers have when they work and/or study abroad and then return home to practice law. In the interview, Mr. Liu expressed that Chinese lawyers returning from overseas account for a small percentage of the nation’s lawyers, face many challenges once home, and also must take the initiative to build upon their strengths so as to overcome or avoid any potential shortcomings. In particular, returning Chinese lawyers must make a dedicated effort to study the changes taking place in China’s rapidly developing legal system; without such dedication, it would be impossible to maintain a leading legal practice.    [ More... ]
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  • In July 2012, Xin Zhang, partner of Broad & Bright, was awarded with a leading lawyer in private equity & venture capital in 2012 by Asialaw.
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  • Broad & Bright proudly sponsored the commemorative celebration that honored, for the 11th year, Chinese Kunqu Opera’s Intangible Cultural Heritage as well as the 55th anniversary of the Northern Kunqu Opera Theater’s establishment. Beijing Partner, Mr. Ji Jun, was also selected to serve as an honorary member of the celebration’s Organizing Committee.
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  • As 2012 marks the 40th anniversary of normalized Sino-Japanese diplomatic relations, Beijing Partner, Mr. Ji Jun, on behalf of Broad & Bright, served as the Deputy Director of the Executive Committee for the 5th International Youth Art Week, Sino-Japanese Cultural Exchange Program. As Deputy Director, Mr. Ji participated in the preparatory efforts that made Art Week possible.
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  • Broad & Bright officially joined in MSI Global Alliance on behalf of the Mainland China on April 1, 2012. MSI Global Alliance is an international association of 250 independent law and accounting firms. For each country/region, only one law firm and one accounting firm can participate in and become a member of the alliance.
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  • On March 25, 2012 Partner Libin Zhang was invited by the Overseas Education College at the “century-old” prestigious Shanghai Jiaotong University to teach in a senior executive training program titled “Chinese enterprises' overseas investments and global M&A tours”. This program is predominantly comprised of executives from medium and large enterprises, venture capital entrepreneurs and socially significant individuals who are interested in overseas investment. In the section involving the overseas investment processes, Mr. Libin Zhang presented a detailed explanation on overseas M&A, including the overseas acquisition work process, deal structuring, acquisition agreements and various risks and solutions for Chinese investors overseas. Mr. Zhang incorporated his clients’ cases into the lecture so as to portray a more vivid and concrete deal flow and structure to the students and various strategies, measures and contract mechanisms which may be adopted for controlling investment risks and lowering the transaction costs.
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