Tuesday, April 08, 2008

Business: Richardson & Patel forms alliance with leading Chinese law firm

Richardson & Patel expands reach in Asia by partnering with Li & Partners

Los Angeles (BUSINESS WIRE) - Richardson & Patel, LLP today announced that it has entered into an alliance with Li & Partners, one of China's premier law firms, consisting of more than 60 attorneys. The alliance will fortify Richardson & Patel's rapidly expanding Asia practice, which focuses on assisting Asia-based companies in accessing U.S. capital markets and cross border opportunities. The alliance will allow Richardson & Patel to rapidly deploy legal teams and resources to its clients in Asia.

"This alliance expands our local legal knowledge and our ability to provide additional services to our Asian clients, including expanding access to Asian capital markets in Hong Kong, Singapore and Korea," said Kevin Leung, Partner and Director of the Asia Practice Group at Richardson & Patel. "With Li & Partners we will double the size of our firm and provide a stronger platform for our Asia Practice Group, which is already one of the largest in the U.S. We've worked on significant transactions together and are ready to take the next step," added Mr Leung.

"We've enjoyed working with Richardson & Patel and look forward to this expanded relationship," said Wei Bin Li, Founding Partner of Li & Partners. "We've always been impressed with Richardson & Patel's creativity in providing access to U.S. capital markets for Asia-based companies. It will be a privilege to afford them local legal knowledge and assistance in accessing Asian capital markets for their clients," added Mr Li.

Recent joint transactions include First Tractor Company Limited (HK$265M Rule 144A Offering), Perfectenergy International Limited ($18.4M Alternate Public Offering in U.S.) and ZAP (PRC Joint Venture).

About Richardson & Patel, LLP

The law firm of Richardson & Patel, with offices in Los Angeles and New York, focuses on corporate & securities law, mergers & acquisitions, corporate finance, and business, securities & employment litigation.Richardson & Patel's entrepreneurial spirit and competitive strength lies in its ability to blend its understanding of capital markets with its grasp of complex legal issues.As a valued business partner to numerous emerging growth clients, Richardson & Patel has mastered the art of business and the science of law to deliver Business Minds for Legal Matters.

About Li & Partners

Li & Partners is a diversified, Hong Kong-based international law firm composed of attorneys with substantial experiences in various countries and legal systems. The firm provides individual and corporate clients with a variety of legal services, from litigating disputes, to financial planning, to developing creative solutions for complex business questions.

Richardson & Patel, LLP
Douglas Gold, 310-208-1182 dgold@richardsonpatel.com
or Li & Partners
Victoria Liu, 852-2218-0961 victorialiu@li-partners.com

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