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O’Melveny’s Culvahouse Discusses How Chinese Companies Can Prepare for US Investments in Caijing Magazine

April 11, 2013

Caijing Magazine's April 10, 2013, article “Chinese Enterprises Investing in the United States Strive for ‘Absolute Security,’” quotes extensively from an interview with O'Melveny & Myers LLP's Washington, DC partner and former Chair Arthur B. Culvahouse, Jr., and Michele Davis of Brunswick Group on the need for Chinese enterprises to be “fully prepared” when planning to invest in the United States.

"The most important preparation is done a month or two before the deal is announced," Culvahouse said in the article. "Very often the structure of a deal, like how many board members, or whether a particularly sensitive subsidiary should be spun-off, is very important. Examining what the company makes and due diligence is very important because it could be a company which is 98% tin cans. But if there is a small division that fabricates airplane wings, then you could have a problem. The political and public relations aspects are also very important and could be critical.”