WHAT THE MARKET SAYS ABOUT BINGHAM’S PRESENCE Frankfurt Hartford Hong Kong “The arrival of American firms, such as Bingham Lexington (GSC) McCutchen…which have long-standing relationships with the funds, [is] posing greater competition than New York Orange County the other firms already present in Hong Kong.” Santa Monica ―IFLR­ 1000 Washington

bingham.com

“Bingham McCutchen...managed to secure deals that rival some of the leading practices in [Hong Kong], reflective of the added value that the firm’s are capable of providing.”

­―IFLR 1000

“We have no hesitation in declaring Bingham McCutchen the world’s leading firm for Insolvency & Restructuring.”

— International Who’s Who of Business Lawyers

Graduate Recruitment “Clients endorse Bingham for displaying ‘consistently high quality’ and for fielding lawyers who ‘strike a Hong Kong Trainees

balance between legal and business needs.’” Bingham McCutchen® © 2013 Bingham McCutchen LLP One Federal Street, Boston, MA 02110-1726 ATTORNEY ADVERTISING ­― Chambers To communicate with us regarding protection of your personal information or to subscribe or unsubscribe to some or all of our electronic and mail communications, notify our privacy administrator at [email protected] or [email protected] (privacy policy available at www.bingham.com/privacy.aspx). We can be reached by mail (ATT: Privacy Administrator) in the US at One Federal Street, Boston, MA 02110-1726 or at 41 Lothbury, London EC2R 7HF, UK, or at 866.749.3064 (US) or +08 (08) 234.4626 (international).

Bingham McCutchen LLP, a Massachusetts limited liability partnership, operates in Beijing as Bingham McCutchen LLP Beijing Representative Office.

Bingham McCutchen LLP, a Massachusetts limited liability partnership, is the legal entity which operates in Hong Kong as Bingham McCutchen LLP in association with Roome Puhar. A list of the names of its partners in the Hong Kong office and their qualifications is open for inspection at the address above. Bingham McCutchen LLP is registered with the Hong Kong Law Society as a Foreign Law Firm and does not advise on Hong Kong law. Bingham McCutchen LLP operates in Hong Kong in formal association with Roome Puhar, a Hong “With a niche M&A practice in Hong Kong and a global Kong partnership which does advise on Hong Kong law. Bingham McCutchen (London) LLP, a Massachusetts limited liability partnership authorised and regulated by the Solicitors Regulation Authority (registered number: 00328388), is the legal entity which operates in the UK as Bingham. A list of the names of its partners and network of offices, many of Hong Kong’s high net worth their qualification is open for inspection at the address above. All partners of Bingham McCutchen (London) LLP are either solicitors or individuals…look to Bingham McCutchen for advice for registered foreign lawyers. The trademarks Bingham®, Bingham McCutchen®, Legal Insight. Business Instinct.™, Legal Insight. Business Instinct. Global Intelligence.™, 斌瀚®, 斌瀚麦卡勤®, 法律视角 商业直觉™, 法律视角 商业直觉 全球情报™ are proprietary trademarks and/or registered trademarks of complex cross-border matters.” Bingham McCutchen LLP in the United States and/or in other countries.

This communication is being circulated to Bingham McCutchen LLP’s clients and friends. It is not intended to provide legal advice addressed to a particular situation. Prior results do not guarantee a similar outcome.

­―IFLR 1000 08/13 INTRODUCTION OUR PRACTICES WHAT DO WE LOOK FOR? Bingham offers a broad range of market-leading practices focused on Financial Restructuring―Bingham is widely recognised as one of the We are looking for bright, enthusiastic and personable candidates global financial services firms and Fortune 100 companies. The firm has world’s top-tier financial restructuring firms. Our lawyers in Hong Kong with exceptional academics from a leading university, combined with approximately 1,000 lawyers in 14 locations in Asia, Europe and the US, have extensive experience in financial restructuring and debt and equity evidence of extracurricular achievement. Some experience working in anchored by major commitments in the world’s key financial, commercial special situations. The firm has played a leading role in representing the legal sector is preferred. Prospective trainees must show initiative, and government centers. creditors in numerous high-profile workouts, insolvencies and drive, confidence and the desire to be part of a challenging yet friendly restructurings across Asia. environment. The ability to communicate fluently at a business level Over the past decade, we have targeted our energies and managed how in written and spoken English is required. Chinese skill (Mandarin and and where we grew, building a portfolio of practices that is serving clients Corporate/M&A―Bingham principally advises institutional and corporate preferably also ) is preferred but not essential. well. Our Asian practices, in particular, are an exciting and thriving aspect clients on special situations investments, stock exchange listings and of Bingham’s global platform. high-end corporate work, including public and private M&A and takeovers, YOUR BENEFITS private equity, equity capital markets (including closed-end funds of Within the Hong Kong office, our lawyers—who are qualified in five hedge funds and other listings), debt capital markets and strategic We provide financial support in respect of the PCLL course for those jurisdictions, including Hong Kong, England and Wales, the United corporate advice (including activist shareholder and merger arbitrage). who accept an offer of a training contract before commencing the PCLL States, Australia, and Ireland—have extensive experience in financial course. In addition, we offer (subject to the terms of the plans) private restructuring and distressed debt, corporate/M&A, finance, investment Investment Funds―Bingham provides advice to Asian-based institutional health insurance, travel insurance, life assurance and contributions to the funds, structured finance, and litigation and international arbitration and boutique investment management companies on all aspects of Mandatory Provident Fund. A discretionary bonus may also be payable. matters. Just as Bingham’s legal advice is precisely tailored to each investment fund formation and operations. The firm has experience with client’s unique business goals, our Hong Kong office capabilities have all types of investment funds and pooled investment vehicles, including APPLICATION PROCESS been carefully shaped to meet the complex needs of a demanding client retail mutual funds, hedge funds and private equity funds. We advise To submit an online application for a summer/autumn 2014, 2015, segment—international financial institutions, corporates, hedge funds on Hong Kong licensing issues, represent fund managers in applying for or 2016 start, or for further information on this opportunity, please and capital markets participants. Securities and Futures Commission (SFC) licences, and advise on the visit www.bingham.com/hktrainees. We also welcome applications for SFC authorisation of mutual funds for distribution to the retail public summer internships from those candidates who wish to experience life TRAINING PROGRAMME in Hong Kong. In addition, Bingham acts as transaction counsel in the at Bingham. Applications for either a training contract or an internship establishment of European UCITS funds and European hedge funds. We The way we do business means you will benefit from a bespoke training should include a covering letter with your reasons for joining both also advise clients on financial regulatory reforms in the US and Europe programme with a high level of partner involvement. You will assume the legal profession and Bingham. Interviews will take place in either and the impact of the reforms on US and European clients as well as those responsibilities from the start and gain practical experience as well as London or Hong Kong. Please ensure you are available to travel to either clients in Asia. more formal training in our financial restructuring, finance, investment location. If you have any questions, please contact our London-based funds, corporate and litigation practices. Structured Finance ― Our lawyers have advised commercial and Graduate Recruitment team at [email protected] or investment banks, derivative counterparties, credit enhancers, liquidity +44.20.7661.5300. YOUR DEVELOPMENT providers, insurance providers, portfolio managers, and other market Your time with us begins with an induction course that introduces you to participants in creating structured products backed by a variety of WHERE TO FIND US the firm’s main departments, to our office and accounting procedures, financial assets; collateralised swap fund, debt and loan transactions; Bingham McCutchen LLP credit-linked notes; complex credit derivative transactions; future flow and to client-facing skills. You will have the opportunity to attend external in association with Roome Puhar courses and seminars to enhance your learning in specific areas and to transactions; and other structured vehicles governed by Hong Kong, Suites 4901–4904 ensure you meet the requirements of the Law Society of Hong Kong’s English and US law. The firm also has extensive experience utilising One Exchange Square Trainee Solicitors Rules. You will also have regular meetings with partners structured finance techniques to assist in compliance with Hong Kong 8 Connaught Place where you can discuss your progress and any other issues. stock listing rules. Central Hong Kong Litigation and Arbitration―Bingham’s lawyers provide advice to +852.3182.1700 OUR CLIENTS financial institution and corporate clients―both within the Asia-Pacific www.bingham.com Bingham’s Hong Kong lawyers represent banks, public and private region and internationally. Our solutions regarding investment, investment funds, insurance companies and corporates in relation to divestment and restructuring activities, as well as situations involving distressed and special situations investments, high-end corporate work, complex and international disputes, are based on a wealth of global complex asset-backed transactions and investment fund formation experience from the firm’s global litigation groups, which cover the full e and operations. We have experience advising clients on transactions spectrum of litigation advisory and international arbitration services. throughout the Asia-Pacific region—including Australia, China, India, Des Bingham’s capabilities in Greater China include advising clients on Voeux Road Centra onnaught Plac C Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore and contentious financial and securities law matters as well as insolvency Queen’s Road C Vietnam, among others. and restructuring situations and contentious regulatory disputes. Lung l Wo Road

entral Connaught Road C Central entral