Shanghai Shenda Forms Joint Venture with IAC in Automotive Soft Trim and Acoustics Supply Business

Dechert LLP served as international counsel to Shanghai Shenda Co., Ltd. (“Shenda”) based in Shanghai, China in connection with Shenda’s agreement to form a global joint venture to supply soft trim and acoustics products to automotive original equipment manufacturers with International Automotive Components (“IAC”). A global enterprise, the joint venture will operate 21 manufacturing facilities and 4 technical centers around the world.

Shanghai Shenda Co., Ltd. engages in trading textile products in China. It trades in fashion accessories, home textiles, and high-tech textiles. The company, led by Xiu Qing An, Yao Qing Chen, Shiping Xi and Guiying Li, is based in Shanghai.

The transaction was led by partner David Cho (Picture) of Dechert’s Hong Kong office ?and included more than 20 Dechert lawyers from more than 10 offices globally, including: partners Abbi l. Cohen (Environmental), Joshua H. Rawson (Intellectual Property), Thomas K. Johnson II and Charles Wynn-Evans (Labor), Steven Clemens (Tax), David Jones (Employee Benefits), Michael Weiner (Antitrust/Competition), Jeremy Zucker (International Trade) ; national partners Lucy Lu, Dr. Katja Heuterkes, Giovanni Russo (Corporate), Clemens York (Antitrust/Competition) and Olaf Fasshauer (Finance & Real Estate); counsel Francois Quintard-Morenas (Finance & Real Estate); associates Yang Wang, Iris Park, Seon Chung, Alex Cao, C.J. Ciarrocchi, Boris De Vleeschouwer, Ysabelle Vuillard, Deepa Parmar, Jan H. Pesek, Carina Klaes-Staudt, Gottfried Bassewitz, Ross Montgomery, Stephanie Kakoschke (Corporate), Issac Bordon (Finance & Real Estate), Jeffrey W. Rubin, Alexis Westwood (Labor), Michael Okkonen (Antitrust/Competition), Kenneth C. Wang (Tax), Zhenghui Wang (Intellectual Property), Sarah A. Burke (Employee Benefits), Lear Liu (International Arbitration); trainee solicitor George Thompson and a team of legal assistants.

Involved fees earner: David Cho – Dechert; Lucy Lu – Dechert; Katja Heuterkes – Dechert; Giovanni Russo – Dechert; Yang Wang – Dechert; Iris Park – Dechert; Seon Chung – Dechert; Alex Cao – Dechert; C.J. Ciarrocchi – Dechert; Boris De Vleeschouwer – Dechert; Ysabelle Vuillard – Dechert; Deepa Parmar – Dechert; Jan Pesek – Dechert; Carina Klaes-Staudt – Dechert; Gottfried Graf von Bassewitz – Dechert; Ross Montgomery – Dechert; Stephanie Kakoschke – Dechert; Abbi Cohen – Dechert; Joshua Rawson – Dechert; Zhenghui Wang – Dechert; Thomas Johnson – Dechert; Charles Wynn-Evans – Dechert; David Jones – Dechert; Jeffrey Rubin – Dechert; Alexis Westwood – Dechert; Sarah Burke – Dechert; Olaf Fasshauer – Dechert; Francois Quintard-Morenas – Dechert; Issac Bordon – Dechert; Michael Weiner – Dechert; Jeremy Zucker – Dechert; Clemens Graf York von Wartenburg – Dechert; Michael Okkonen – Dechert; Steven Clemens – Dechert; Kenneth Wang – Dechert; Lear Liu – Dechert;

Law Firms: Dechert;

Clients: Shanghai Shenda Co., Ltd. ;