Dechert dashes for the finish on PPR’s gem of a deal with Qeelin

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Dechert put together a cross-jurisdictional team to conduct a swift but polished effort in advising PPR, one of the world’s largest luxury groups, on its acquisition of Chinese fine jewellery maker Qeelin.

Basil Hwang
Basil Hwang

The transaction was led by Basil Hwang of Dechert’s Hong Kong office, with Jingzhou Tao of the Beijing office leading the China team, and Bruno Leroy of the Paris office leading the Paris team. They were assisted by nine of the firm’s lawyers in Hong Kong, Beijing and in Paris.

“We came into the deal after a soft commitment had been made, when exclusivity had been signed up,” Hwang told China Business Law Journal. “Everybody on the team did what they had to do very quickly, because there was very short timing on the exclusivity period. All in it took about a month, so it was actually very quick, which explains the big team.

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