Wiggin & Dana launches China practice group
NEW HAVEN — The law firm of Wiggin & Dana has formed a China practice comprising a team of lawyers representing several of the firm’s practice groups. The team will be led by partner David Schaffer, who in mid-May undertook a ten-day “investment mission” to China.
“China continues to provide tremendous opportunities for those who understand how things work there,” said Bob Benjamin, who chairs Wiggin’s executive committee. “David's experience, relationships and entrepreneurial mindset will benefit our American and European clients seeking to expand into China as well as our China-based clients looking to do business in the U.S.”
According to the firm, Schaffer has represented clients on several cross-border deals with an aggregate transaction value in excess of $3 billion.
Last month Schaffer returned to China with Secretary of the State Denise Merrill and other delegates with the goal of attracting investment capital to the region. The delegation traveled to Shanghai, Beijing and four other major Chinese cities to present investment and collaboration opportunities to Chinese businesses, investors and government officials.
“It is clear that the U.S. and China will be at the forefront of the global economy for many years to come,” Schaffer said. “As companies and investors from both countries look across the Pacific for additional opportunities, they will continue to confront obstacles in terms of legal and regulatory issues, cultural differences and other challenges that we can help mitigate.”
According to the firm, Wiggin & Dana’s China practice is a multidisciplinary team of lawyers with experience in a broad and diverse range of industries and vertical markets including IT, life sciences, biotechnology, health care, manufacturing, outsourcing, clean technology and financial services. The practice will focus on the business and legal needs of the firm’s clients engaged in cross-border transactions such as mergers, acquisitions and corporate restructurings, joint ventures and other strategic transactions, securities compliance, debt and equity financings, IP licensing and prosecution, tax planning, litigation and dispute resolution, export compliance, real estate, employment and immigration.