Dorsey Appoints New Leadership in Shanghai, Hong Kong.Business Editors/Legal Writers HONG KONG--(BUSINESS WIRE)--May 19, 2004 The international law firm of Dorsey & Whitney LLP LLP - Lower Layer Protocol announced today that partner Jay Yan will assume leadership of the firm's Shanghai office, and that partners Guanxi Zheng and Steve Nelson
Shanghai Leadership Jay Yan assumes leadership at an exciting time for Dorsey's Shanghai office. The firm's goals in the region include doubling Dorsey's operations in Shanghai this year and diversifying the firm's legal capabilities in China to better serve clients' varied needs. "Jay's experience and capability in dealing with Chinese legal professionals and business authorities have contributed to our success in Shanghai," said Wesley Fredericks, Deputy Managing Partner. "His leadership will help us build on this success in the rapidly expanding China market." Mr. Yan founded Dorsey's Shanghai office in 2001, establishing the firm's presence in China. Since then the Shanghai office has grown steadily, assisting both Chinese and foreign companies with cross-border transactions. Born and raised in China, Mr. Yan earned law degrees from both the Beijing University Beijing University or Peking University, at Beijing, China; founded as Metropolitan Univ. 1898, renamed Peking Univ. 1911, absorbed nontechnical departments of Qinghua (Tsinghua) Univ. School of Law and the Columbia University Columbia University, mainly in New York City; founded 1754 as King's College by grant of King George II; first college in New York City, fifth oldest in the United States; one of the eight Ivy League institutions. School of Law. He has spent the last seven years in Shanghai, and has more than 10 years of experience in corporate law in both Asia and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "I'm thrilled to take on this new challenge." Mr. Yan said. "Dorsey is uniquely positioned to help companies succeed in Asia, and our team in Shanghai looks forward to fruitful relationships with our clients in China and around the world." Hong Kong Leadership Guanxi Zheng will manage the office's day-to-day affairs of the Hong Kong office. He has more than 10 years of experience guiding international clients through cross-border mergers and acquisitions, foreign direct investment, acquisition of non-performing loans A non-performing loan is a loan that is in default or close to being in default. Many loans become non-performing after being in default for 3 months, but this can depend on the contract terms. and related distressed assets, infrastructure development, technology licensing, and structured export financing in China. Mr. Zheng was born and raised in China and has earned law degrees in China, Europe and Canada. A recognized authority on foreign investment in China, he has published two books and many articles on doing business there. "Guanxi Zheng has distinguished himself as a first-rate practitioner in the area of international corporate transactions," said Wes Fredericks, Deputy Managing Partner. "And he will provide valuable leadership to our practice in Hong Kong." "Asia today Asia Today is a programme produced by BBC News specifically for the continent of Asia. It is shown on BBC World predominantly, but also on other international BBC channels, including BBC America. is such a dynamic marketplace," Mr. Zheng said. "Along with our colleagues in Hong Kong, Shanghai and abroad, Steve and I are excited about the opportunity to help international companies succeed here." Steve Nelson, Chair of the Dorsey's Asia practice and the senior partner in Hong Kong, will focus on the overall strategy and development of Dorsey's Hong Kong office and the firm's practice in Asia. Mr. Nelson has more than 30 years experience in international corporate transactions, and has worked in Asia for more than a decade. "Steve has been instrumental to our Asia presence for several years," Mr. Fredericks said. As Dorsey continues to expand its capabilities in Asia, it looks to Mr. Zheng and Mr. Nelson for their experience and proven success in the region. In both Shanghai and Hong Kong, Dorsey offers businesses the legal and cultural expertise they need to succeed in Asia and abroad. With their mix of native Chinese and American lawyers, these offices are an invaluable resource for Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
About Dorsey & Whitney Clients have relied on Dorsey since 1912 as a valued, cutting-edge business partner. With over 675 lawyers in 20 locations in the United States, Canada, Europe and Asia, we provide an integrated, proactive approach to our clients' legal and business needs. Dorsey represents a number of the world's most successful Fortune 500 companies from a variety of disciplines including leaders in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , investment banking, life sciences, securities, technology and energy sectors, as well as nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. and government entities. |
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