By Kathy Chu and Michael Rapoport, The Wall Street Journal
“When U.S. investors clamored for exposure to China's booming economy, attorney Mitch Nussbaum steered dozens of Chinese companies onto the U.S. exchanges. As the markets turned hostile, he embraced another role: helping some of these companies go private.”
This excerpt from a recent article published in The Wall Street Journal discusses China’s growing market for going-private transactions in the wake of accounting scandals and regulatory scrutiny fuelled by short sellers, which have eroded investors’ confidence in U.S.-listed Chinese companies. Loeb & Loeb partner Mitchell Nussbaum, Chair of the firm's Asia and Capital Markets Practices, is highlighted for his work on several publicized going-private deals and quoted on his ability to apply his deep knowledge and expertise in helping Chinese companies access the U.S. capital markets to helping such companies delist from U.S. stock exchanges in the current market environment.