International law firm Stephenson Harwood has hired 7 lawyers from rival firm Eversheds in Hong Kong. The audacious raid includes two high profile partners who will soon be joined by five associates.

The duo joining as partners are King Tak Fung and Ivan Ng.

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).  

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.

Regional expansion of practice

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.

«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,» King Tak said.