Yu Fu

Counsel

Yu Fu is a counsel in O'Melveny's Hong Kong office and a member of the Transactions Department. Before joining O'Melveny, he worked for a major international law firm for more than five years.

He has more than ten years experience working on China-related advisory and transactional matters across a broad range of industries, with emphasis on reorganization of companies, mergers and acquisitions, and banking and finance. He also focuses his practice on the resolution of Chinese foreign business disputes and has represented clients in arbitrations before various arbitral institutions, including the HKIAC, SAIC and CIETAC, as well as in litigations before courts at various levels in China involving potential liabilities for adverse reaction of pharmaceutical products and administrative procedures challenging penalty decisions made by governments.

Illustrative Professional Experience

In transactional practice, he has advised:

• A major PRC company listed on the Shanghai Stock Exchange and an investment bank on the injection of US$500 million assets into a company listed on the Hong Kong Stock Exchange 
• An international banking consortium on the US$4.6 billion limited recourse financing of a Petrochemical project in China and the PRC aspects of the power plant relating to the project 
• Two major multinational petrochemical companies on their proposed investment in an integrated refinery and petrochemical project with a total investment amount of US$3.6 billion in China 
• An investment bank on establishing a joint venture with an asset management company to acquire and dispose of non-performing loans 
• An investment bank on acquisition of certain shares in a Chinese company listed on the Shanghai Stock Exchange 
• An international bank on a bridge loan in an amount of US$76 million to several PRC real estate companies 
• A major US company on its investment in four nuclear power plants in China 
• A major US company on its acquisition of several smelter and power projects, and transfer of equity in a wholly foreign owned enterprise 
• A major US company on its acquisition of several PRC paper manufacturers 
• A major US company on its acquisition of a majority interest in a leading PRC battery manufacturer 
• A major US company on its acquisition of a lighting product manufacturer in China 
• Two major multinational petrochemical companies on several Sino-foreign cooperative oil exploration projects with CNOOC 
• A major Italian company on potential acquisition of a PRC company listed on the Shanghai Stock Exchange 
• A major French company on establishing an automobile financing joint venture and several automobile manufacturing joint ventures in China 
• A major Germany company on establishing a cargo airline joint venture in China 
• A major Austrian company engaging in luxurious product business on corporate structure and operations in China, and several acquisition projects 
• A major South African company on its investment in a PRC leading paper manufacturer listed on the Shenzhen Stock Exchange 
• A major UK company on division of its joint venture in China and transfer of its equity in the joint venture to a major US company 
• A major US company on its acquisition of PRC beverage manufacturers 

In adversarial practice, he has advised:

• A major international pharmatheutical manufacturer on the first product liability lawsuit in respect of adverse reaction of imported drug in China 
• A Finnish state-owned company, on a dispute in respect of a power plant joint venture in China at Singapore International Commercial Arbitration Center 
• A wholly foreign-owned power project company on disputes under a power purchase agreement in respect of a BOT power project in China 
• A major US company in an arbitration case at Hong Kong International Arbitration Center in respect of a contractual dispute in the sum of US$50 million against a company listed on the Hong Kong Stock Exchange 
• A major Japanese tobacco company on an administrative lawsuit in China filed by its joint venture against the local customs’ penalty decision 
• A major Austrian company on disputes in respect of customs issues 
• A major US oil company on disputes in respect of customs issues 
• A major US tire manufacturer in an arbitration case at CIETAC in respect of product liability issues and a lawsuit in a US court

Professional Activities

Member, The Law Society of Hong Kong
Co-editor, Doing Business in China, Juris Publishing (2009) 
Languages, English; Mandarin Chinese