Asia's Deal Lawyers Still Busy Despite U.S. Woes

Law360, New York (June 9, 2008, 12:00 AM EDT) -- The old axiom says that if the U.S. sneezes, Asia catches a cold. But that statement may be losing its relevance, as factors like investment between Asian neighbors have helped transactional work in the region stay lively despite the ailing U.S. economy, according to Asia-based deal lawyers.

Alan Schiffman, Asia head of the Skadden Arps Slate Meagher & Flom's energy & infrastructure projects group, said that cross-border mergers and acquisitions in the region are burgeoning. Fluctuation in the capital markets is a fact of life, and...
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