With extensive, hands-on experience in the Chinese business market and a vast array of multidisciplinary services, Foley is poised to support your business interests in and with China. And with offices across the United States and a network of international partners, we are equally well positioned to assist Chinese companies as they expand globally.
At Foley, our China Practice leverages the significant experience of our attorneys across the firm to provide strategic counsel in support of your Chinese business interests.
We have served a range of global clients — from privately held, emerging companies to Fortune 100 multinationals. We are one of only two select U.S. law firms granted Associate Member status in The China General Chamber of Commerce — USA. We are also leading and sponsoring members of other China- and U.S.-based organizations furthering economic and business relationships.
Foley served as general counsel for receiver in connection with investigation and prosecution of recovery actions on behalf of creditors and investors and serve as liaison with Hong Kong and PRC (people's republic of China) based professionals.
Investigation into allegations of corruption in connection with sales to distributors in China. This matter presented numerous challenges, including off book transactions routed through distributors that were undetectable in the client’s books and records. This matter required a deep understanding of Chinese business practices and culture.
Foley represented one of China’s largest private insurance companies in connection with its acquisition of a significant equity interest in an entity that indirectly owns majority interest of a 65-story large office building in Chicago. The multi-office, Foley team closed the transaction in early 2015 after the Chinese client obtained approval from the Chinese Insurance Regulatory Commission. The Chinese client’s investment in the Chicago office building is part of the wave of investment in U.S. real estate by Chinese insurance companies looking to diversify their investment portfolio.
China Business-Related Recognition
Our China-related transactions have received national and international acclaim for their significance and innovation.
With many years of hands-on experience handling foreign direct investment (FDI) and other business transactions in China and navigating the Chinese regulatory framework, Foley is well positioned to support all of your business and legal needs with a wide range of services.
Chinese clients confronting regulatory, IP licensing, and investment issues in jurisdictions outside China also can count on Foley for comprehensive legal services focused on outward direct investment.