NEW YORK & BEIJING--(BUSINESS WIRE)--International law firm Dorsey & Whitney LLP announced today that it has established a new U.S.-China Practice Group, which will manage the Firm’s increasing representation of Chinese clients doing business in the U.S. and other clients doing business with Chinese entities and individuals in the U.S. The practice group is multi-disciplinary and crosses industries, and its members come from Dorsey’s U.S. and worldwide offices, including those in New York, Beijing, Shanghai, Hong Kong, Minneapolis, Seattle, Salt Lake City, Southern California and Washington, D.C. Dorsey has demonstrated its commitment to the China practice for decades, and the new practice group will further enhance its service offerings to clients.
Dorsey represents some of China’s largest and most active corporations, including top financial institutions – such as banks and insurance companies – and private equity funds, as well as high net-worth individuals and family offices.
“Dorsey has built an impressive U.S.-China practice, and we’re thrilled to be able to take the next step in harnessing that momentum,” said Lanier Saperstein, who has represented China’s largest banks and leads Dorsey’s award winning U.S.-China litigation team. “This new group will allow us to continue building a top-tier practice that provides high-level, high-value legal services to our China-based clients as well as our U.S. clients that have an increasing need to learn how to work with their Chinese counterparties.”
Catherine Pan, who heads the Firm’s globally recognized U.S.-China transactional practice, stated that, “We continue to experience a growing flow of legal work from Chinese companies as they further geographically diversify their businesses, assets and investments. We also see an increase from U.S. companies on the receiving end of Chinese investments.” Ms. Pan, who recently handled Ninebot Limited’s business combination with Segway Inc., Fantasia Group’s series of strategic acquisitions in the U.S., as well as the sale of several U.S. corporations to Chinese buyers, added: “While some view China’s economy as slowing, we view the China-to-U.S. deal flow as vibrant and sustainable, and we maintain a long-term bullish view of this market. Our outlook spans five years, not just the next six to 12 months.”
Peter Corne noted: “Our U.S.-China Practice Group emerged from a core group of practitioners at the Firm after years of hard work and dedication to our clients. I am glad that our team can deliver high-quality legal services to our clients with cross-border legal needs, while helping them manage the legal and cultural differences between China and the U.S. We are able to do this because of our talented pool of attorneys and professionals who are bilingual and who have extensive experience working in both jurisdictions.”
“Our group will provide tangible benefits to our clients by pooling our resources and enabling us to share our collective experience more rapidly and efficiently,” Lanier Saperstein concluded.
About Dorsey’s U.S.-China Practice
Dorsey’s U.S.-China practice has been recognized for its excellence by legal publications and commentators. The China Business Law Journal, for example, issued its 2016 China Business Law Award to Dorsey in the category of “Insurance & Reinsurance – International Firms” for, among other things, Dorsey’s representation of the People’s Insurance Company of China, one of the world’s largest property and casualty insurance carriers. The legal blog, Above the Law, named Dorsey the “Best Firm for When You Are Ready to Get into the Asian Market” as part of the Pacific-Northwest Elite, commenting, “Whether you’re a North American company operating in Asia, or an Asian company looking to invest or expand overseas, this firm has the depth of experience to advise you on any corporate needs that arise.” www.dorsey.com
About Dorsey & Whitney LLP
Clients have relied on Dorsey since 1912 as a valued business partner. With locations across the United States and in Canada, Europe and the Asia-Pacific region, Dorsey provides an integrated, proactive approach to its clients' legal and business needs. Dorsey represents a number of the world's most successful companies from a wide range of industries, including leaders in the banking, energy, food and agribusiness, health care, mining and natural resources, and public-private project development sectors, as well as major non-profit and government entities.