January 24, 2020 — Hughes Hubbard has been shortlisted as a finalist in International Financial Law Review’s (IFLR) Asia-Pacific Awards 2020.
HHR was nominated for “Deal of the Year” in the private equity category for its work on the $1.44 billion sale of United Family Healthcare (UFH) to New Frontier Corp. (NYSE: NFC), a Hong Kong-based investment vehicle.
The IFLR Asia-Pacific Awards, which celebrate legally innovative cross-border transactions closed in the region by year-end 2019, will be presented at the Sheraton Towers Hotel in Singapore on March 12.
Allen & Overy, Clifford Chance, Baker McKenzie and Clearly Gottlieb Steen & Hamilton are among the other firms nominated for “Deal of the Year” in the private equity category. IFLR’s shortlist is based on preliminary research, including direct written nominations and conversations with law firm partners, in-house teams and clients.
HHR acted as legal adviser to Roberta Lipson, the founder and CEO of UFH, in the sale of the Chinese private hospital operator and healthcare provider. HHR previously represented UFH in the sale of UFH to private equity firm TPG and Chinese healthcare group Shanghai Fosun Pharma in 2014. Founded in Beijing in 1997, UFH was the first and remains China's largest U.S.-invested healthcare provider.
Gary Simon led the HHR team, which included Spencer Harrison, Erin DeCecchis and Jenny Graham.