Woo Kwan Lee & Lo (WKLL) is known for its strong real estate, corporate, M&A, capital markets, funds and dispute resolution practices.
Since the firm was founded in 1973 from the merger of Woo & Kwan and Charles Lee & Stephen Lo, it has grown to more than 70 lawyers and over 300 staff. The firm is led by manager and founder William Kwan, while the other three founders remain as consultants.
The corporate and commercial practice is particularly active on IPO advisory work for issuers and underwriters.
The firm advises on matters including financing for real estate and infrastructure projects and the establishment of joint ventures. WKLL acted for Viva China Holdings as shareholder on Li Ning Company’s open offer of HK$1.8 billion convertible securities.
For Windsor Properties as the target company, it advised on the sale of a majority stake in the client from Wing Tai Properties Limited to the Vanke Group, a large real estate developer in the PRC.
Angelina Lee and Carmelo Lee are highly regarded partners in the firm’s corporate and M&A practice.
The firm also acts for investment funds on their establishment and portfolio deals. Partner Ma Ho Fai recently acted for a fund in the sale of a shopping arcade for about HK$1 billion.
The dispute resolution practice, including partner Kenneth Wong, had a significant role in a landmark case acting for large real estate developers including the Cheung Kong Group, Chinachem Group, Hang Lung Group, Henderson Group, Nan Fung Group, Sino Group, Sun Hung Kai Properties Group and Swire Properties.
The clients were assisted in their long-running appeals against the Commissioner of Rating and Valuation in the Hong Kong Government’s assessment of government rents for all development sites in Hong Kong since the 1997 handover. These appeals covered every site sold by the Hong Kong Government since 1997, and the case saw the involvement of London silks and international economists, surveyors and engineers as experts. The Court of Appeal delivered its judgment in December 2012.