Change of control of NF Energy Saving Corporation

Carter Ledyard advised Mr. Yongquan Bi, execute a change of control of publically-traded NF Energy Saving Corporation (NASDAQ: NFEC) by changing the composition of its Board of Directors, by obtaining the written consent of a majority of NF Energy’s shareholders in accordance with Delaware law.

NF Energy is a leading China-based provider of energy conservation solutions which utilize energy-saving equipment, technical services and energy management re-engineering project operations, mainly for customers in the electrical generation, water supply and heat supply industries.

Carter Ledyard attorneys Pang Zhang-Whitaker (Picture), Steve Glusband and Guy Ben-Ami provided legal counsel to Mr. Yongquan Bi.

Involved fees earner: Guy Ben-Ami – Carter Ledyard & Milburn Llp; Steven Glusband – Carter Ledyard & Milburn Llp; Pang Zhang-Whitaker – Carter Ledyard & Milburn Llp;

Law Firms: Carter Ledyard & Milburn Llp;

Clients: Yongquan Bi;

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Author: Ambrogio Visconti