Karen Yiqin Fan
PEOPLE

Karen Yiqin Fan

Special Counsel
fan.karen.yiqin@dorsey.com
Shanghai P (86-21) 6135-6145 F (86-21) 6288-3222 New York P +1 (212) 415-9238 F +1 (646) 607-5576

Overview

Karen helps clients to deal with complex legal issues arising from globalization of their business with cutting-edge solutions, and has the ability to provide strategic and practical guidance to clients in expanding business into the international market with ever-changing business, legal and regulatory challenges.  

Karen joined Dorsey from Fosun International (00656.HK) where she acted as the North American Senior Legal Counsel, advised the board and executives of Fosun on M&A transactions in North American region and oversaw risk management of billion-size portfolio assets in the U.S.  Prior to Fosun, Karen has significant private practice experience in Shanghai, Washington D.C. and New York, extending across a full spectrum of corporate transactions, including 

  • cross-border M&A, 
  • PE & VC investment, 
  • international joint ventures, and
  • business sales and divestiture.   

Frequently acting as outside general counsel for international clients in handling various legal and regulatory matters related to different jurisdictions, Karen is experienced and skillful in teaming up with litigators and experts from Dorsey to assist clients in preventing, detecting and solving legal threats, such as the followings, under multi-cultural context. 

  • Corporate or commercial dispute resolution
  • Post-closing risk control and compliance program
  • Internal investigation
  • Executive transition
  • Government enforcement

Education & Admissions

New York University School of Law (LL.M., 2011)

East China University of Political Science and Law (LL.B., 2007),

  • Scholarship for Distinguished Student of Top 1%
  • Graduation thesis with honor

Admissions

  • New York
  • China (currently inactive)

Languages

  • English, Mandarin Chinese

Experience

Representative Experience

Cross-border M&A deals, and PE/VC investments

  • Representing a leading Chinese investment conglomerate in connection with its proposed acquisition of a portfolio of real properties in the United States
  • Representing a leading Chinese investment conglomerate in its investment in a U.S.-based greenfield project running a cryptocurrency custodial platform
  • Represented a HKSE-listed public company in its intended acquisition of a billion-size lifestyle protection insurance company in the United Kingdom 
  • Represented a HKSE-listed public company in its intended acquisition of a US$ billion-size hospitality resort in the Caribbean area
  • Represented a Chinese private equity fund in its intended pre-IPO round equity investment in a market-dominating Fintech company in India
  • Represented a Chinese private company in its acquisition of an Europe-based football club
  • Represented a Chinese private company in its strategic investment in an art dealer business in Israel
  • Represented Fosun in its acquisition and sale of Ironshore Inc. of US$ 2.4 billion
  • Represented Fosun in its acquisition of Lexon Surety, of US$ 180 million
  • Represented China Momentum Fund of its equity investment in Cirque du Soleil of around US$ 400 million
  • Represented Han's Laser Technology Co., Ltd. (SHE:002008) in its global takeover of assets and equities in North America, Asia and West Europe from GSI Group Inc. (NASDAQ: GSIG)
  • Represented a Shanghai-based real estate development company in its pre-IPO equity investment in a Hawaii real estate development project of USD 25 million
  • Represented a Chinese private-run hotel management company in its acquisition of a hotel resort in Long Island of New York State of USD 17 million
  • Represented a Chinese State-owned company in its subscription of preferred stocks of a U.S. medical device start-up company
  • Represented a Chinese investment conglomerate in negotiation with a leading American film studio on joint venture contracts for China-based theme park project

Preventing, detecting and solving legal and regulatory risks arising from post-closing management

  • Advising an international defendant in multiple IP infringement lawsuits in the U.S., all of which got settled at amounts less than 1% of initial claims and with full release and preventive clause of future litigation threats
  • Advising an cross-border e-commerce company in government enforcement actions from multiple U.S. federal agencies
  • Designed strategies for a bond-holder in negotiating with a U.S.-listed company (i.e. bond-issuer) regarding debt restructuring
  • Advised a creditor on litigation and arbitration strategies in the U.S. and in Hong Kong regarding a cross-border financing arrangement
  • Conducted internal investigation for an education organization to prevent sexual harassment allegation in China
  • Advised Fosun on shareholders litigation in the U.S. related to the privatization of AmeriTrust (f/k/a Meadowbrook Insurance Group)
  • Oversaw post-closing risk management of Liberty 28 (f/k/a One Chase Manhattan), an A-level office building in Lower Manhattan, for Fosun Property Group
  • Oversaw post-closing management of an Europe-based football club, including compliance issues related to FIFA regulations
  • Navigated process of CFIUS investigation
  • Navigated process of terminating entire executive team of an acquired target company after closing

Industries & Practices

Government Enforcement & Corporate Investigations
International Arbitration & Litigation
  • Asia-Pacific
  • Banking & Financial Institutions
  • China
  • Corporate Governance & Compliance
  • FinTech
  • Government Enforcement & Corporate Investigations
  • International Arbitration & Litigation
  • Mergers & Acquisitions
  • National Security Law
  • Private Equity

Professional & Civic

Professional Achievements

  • Judge to 2012 Jessup International Moot Competition
  • UNEP Environmental Envoy, 2005
Karen Yiqin Fan