Foley announced today that Selig D. Sacks has joined the firm as co-chair of the U.S./China Corporate Practice and as a member of the Transactional & Securities Practice. Previously, Sacks was China Practice co-chair, head of the Corporate Practice and a member of the Executive Committee at Pryor Cashman LLP.
He focuses his practice on representing U.S. clients doing business in China and Chinese companies accessing U.S. capital markets and technology transfers as well as expanding their presence in the U.S. Sacks’s clients span a broad cross section of industries including energy, agriculture, pharmaceuticals, green technology, consumer products, new media, real estate and infrastructure. He also represents private equity sponsors and investors.
“Selig is a highly regarded corporate and transactional attorney who brings more than 30 years of experience to the firm,” said Jay O. Rothman, chairman and CEO of Foley. “He’ll be a tremendous resource to our clients facing new challenges and opportunities in the expanding global economy.”
Sacks regularly counsels public and private entities in general corporate and governance issues and participates in defending U.S. publicly traded China-based companies in class action lawsuits, SEC investigations and crisis management.
“Selig’s depth of experience in representing Chinese clients in their U.S. business dealings will add valuable expertise and leadership to our China Practice,” said Rick Florsheim, chair of the firm’s China Practice. “Attorneys in the China Practice are located in our Shanghai office as well as in numerous offices throughout the U.S. and are dedicated to assisting clients in developing commercial relationships between the U.S. and China. We are delighted to have Selig join us.”
Sacks participated in the 2011 CCG Investor Relations China IPO Bootcamp in Shanghai and is a frequent speaker in China on the U.S. capital markets and regulatory process. He has also held seminars on the U.S. capital markets for government and business leaders in the Haidian District of Beijing, the Guanghua School of Management and in Shanghai, Shijiazhuang and other major cities in China. Sacks co-chaired the 2011 M&A Advisor Awards and Summit in New York. In 2010, one of his transactions was selected by M&A Advisor as Middle Market Acquisition Financing Deal of the Year. Sacks was a featured speaker at the China Entrepreneurs-sponsored Wall Street China Forum: Assessing U.S.-Listed China Companies; 2011 U.S.-China Real Estate Summit West Greets East; China Chamber of International Commerce; and U.S. China Innovation and Cooperation Conference. Additionally, he was a member of the 2010 Rockefeller Mission to China and the NASDAQ Delegation to Inner Mongolia.
“We’re excited to add another high-caliber attorney to our talented team in New York,” said Peter N. Wang, managing partner of Foley’s New York office. “Selig’s extensive experience will further strengthen our securities and corporate finance capabilities on the East Coast.”
With approximately 900 attorneys in 21 offices, Foley & Lardner LLP provides award-winning business and legal insight to clients across the country and around the world. Our team-based approach, innovative technology, and focus on value and client service are continually recognized by our clients and the legal industry. In a recent survey* of Fortune 1000 corporate counsel, Foley received a top five ranking out of more than 300 firms for delivering exceptional client service. In addition, Foley received 19 national first-tier rankings on the 2011 – 2012 U.S. News – Best Lawyers® “Best Law Firms” list, and CIO magazine recognized Foley for technological innovation that enhances business value by naming the firm to its prestigious CIO-100 list in 2011.
*The BTI Consulting Group (Wellesley, Massachusetts)