Baker McKenzie and China Eastern Air Holding Company (CEA) recently signed a three-year strategic co-operation framework agreement to expand the partnership between the two to a global scale, as the Chinese airline explores opportunities to build a “Silk Road in the Air”, a corporate strategy in support of China’s Belt and Road initiative.
Under the agreement, Baker McKenzie will provide CEA with legal support and advice on contentious and non-contentious matters. For example, Bee Chun Boo, a partner at Baker McKenzie in Beijing, told China Business Law Journal the law firm would assist CEA with its employment issues arising from CEA’s overseas offices, possible disputes arising overseas and the airline’s overseas investment activities.
The agreement was signed by Guo Junxiu, CEA’s general counsel, and James Colihan, the managing partner at Baker McKenzie‘s New York office, in a ceremony held at the firm’s office in New York.
Through global co-operation with Baker McKenzie, CEA hopes to achieve greater efficiency in managing its legal matters around the world, as the
Chinese airline continues to pursue its global expansion.
“I believe that this co-operation is a strategic choice made by both sides on the basis of global development positioning, as well as a strategic co-operation to share resources and superimpose advantages,” said CEA’s deputy general manager, Tang Bing.
“Baker McKenzie’s 77 offices worldwide are well-aligned with 59 overseas business departments of CEA, which is of great benefit for CEA to comply with local laws and customs, as well as to carry out business activities in accordance with local laws and regulations,” said Tang.
“Meanwhile, CEA’s global industrial chain partners, especially the company’s local influence in China, will be of great help for Baker McKenzie to continuously expand Chinese business and even global business.”