A team of lawyers from the firm’s Hong Kong, New York and Washington, DC offices represented China Aviation Industry General Aircraft, a Chinese state-owned enterprise, in connection with the acquisition of Cirrus Industries, Inc., a leading U.S. personal aircraft manufacturer based in Minnesota.
The transaction is structured as a merger. Closing is subject to numerous closing conditions, including CFIUS and other US and China regulatory approvals.
The following individuals formed the core D&L cross-border team:
Corporate: Paul Chen, Sheng Wu and John Lee (NY/HK)
CFIUS/US Regulatory: Harry Clark and Clark McFadden with assistance from Nicholas Hartigan (DC)
The team was also assisted by Joe Seiler, Emma Pond, Chris Sioufi, James Dada and Dina Yin on due diligence and aviation financing matters, Martha Steinman, Virginia Medina and Melissa Peterson on employee benefits, Lawrence Sung on intellectual property and Eric Miller and Andrew Morris on tax.
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