In 2018 and 2019, Skadden suggested on sixteen merger management filings to the State Administration of Market Regulation, with a total worth of greater than US$70 billion. Skadden also suggested Red Hat on its US$34 billion acquisition by IBM in July 2019. Its antitrust staff is responsible for FRAND (honest reasonable and non-discriminatory) points in these litigations, the place the agency expects these sophisticated circumstances will form the understanding of FRAND points in China. The agency is representing Xiaomi in ongoing antitrust and price-setting litigations by Xiaomi against Sisvel, filed earlier than the Beijing IP Court.
Skadden’s Asia equity team suggested on eight US IPOs in 2019, including GSX Techedu’s US$208 million IPO on the New York Stock Exchange and So-Young Inter...Read More