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02 Feb 2016

Stephenson Harwood boosts its contentious and non-contentious trade finance practice in Hong Kong

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Stephenson Harwood has appointed partners King Tak Fung and Ivan Ng from Eversheds in Hong Kong. They have been joined by a further five associates.

King Tak is one of the world’s doyens of trade finance. Prior to joining the legal profession, King Tak was the Vice President and Head of Trade Finance at Bank of America N.A. He is the author of “Leading Court Cases on Letters of Credit” (published by the ICC in 2005).  He is a highly recognisable speaker on matters relating to trade finance and has conducted hundreds of workshops for business executives and professionals all over the world. King Tak is an Accredited General Mediator of the HKIAC and the Law Society of Hong Kong. In addition, he acts as expert witness in Hong Kong and Chinese courts on banking, international trade matters and commercial disputes. King Tak is admitted in Hong Kong and England & Wales and is a member of the Academy of Experts on Banking and Structured Trade Finance. His practice, combined with the trade finance practice of finance partner Mark Reed, will significantly expand the firm’s trade finance capabilities. The aim is to build on their combined strengths in the future by developing the overall trade finance practices in Dubai and Singapore.

Ivan is a commercial litigator with more than 20 years' experience, having been admitted in Hong Kong, England and Wales. He has significant experience in advising on contractual disputes, joint venture disputes and shareholders disputes. In addition, Ivan has extensive experience in insolvency, trade finance and banking litigation. He has also advises clients on commercial fraud, anti-bribery and regulatory investigations matters. Ivan is an accredited CEDR mediator and is on the mediators panel of the Lands Tribunal and Law Society of Hong Kong. Having previously worked at Stephenson Harwood & Lo (as it was then known) during the 1990s,  Ivan, who is fluent in English, Mandarin, Cantonese and Chiu Chow, is a welcome addition to the contentious restructuring and insolvency practice and allows the firm to serve an even broader range of clients, especially PRC clients. Ivan’s addition will bring further depth to the firm's existing trade disputes capability which is currently undertaken by litigation partner, Andrew Rigden Green.

Voon Keat Lai, Greater China managing partner at Stephenson Harwood, commented on the moves: "We are delighted to welcome King Tak to the firm. King Tak’s depth of knowledge of all aspects of trade finance is unparalleled in Hong Kong. It gives me great pleasure to see Ivan returning to the family too after all these years. Ivan has worked alongside King Tak for over 12 years on trade finance disputes and banking litigation, with Ivan covering all contentious aspects and King Tak covering the non-contentious aspects". 

King Tak said: “Stephenson Harwood already has a long-standing and successful banking and trade finance practice and by adding my expertise, we want to be the “go to” firm for all aspects of banking and trade finance in Hong Kong". 

Ivan added: “Stephenson Harwood has an impressive team of litigators in Europe, Middle East and Asia.  We are delighted to be joining the team.”

We are also very pleased to welcome associates George Chan, Anne Kwong, Emily Li, Stephanie Poon and May Tse, who joined from Eversheds with Ivan and King Tak. This is an exciting time for the firm following on from our appointment of partner Richard Wilmot last month. Richard's expertise is in dispute resolution (litigation, mediation and arbitration) and non-contentious commercial and corporate.

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KEY CONTACT

King Tak Fung

King Tak Fung
Partner

T:  +852 2533 2868 M:  +852 9269 5955 Email King Tak | Vcard Office:  Hong Kong

Ivan Ng

Ivan Ng
Partner

T:  +852 2533 2840 M:  Email Ivan | Vcard Office:  Hong Kong

MEDIA CONTACT

Boie Ho
Business development manager

T: +852 2533 2708
Email Boie