LawFuel.com – Asia Law Newswire Service – A team of M&A lawyers in Orrick’s Tokyo and New York offices recently advised Sanei International Co., Ltd. (Sanei), a leading Japan-based clothing and accessories retailer, on its approximately JPY3.3 billion sale of its interest in Kate Spade Japan Co., Ltd., a joint venture business between Sanei and Kate Spade LLC. The team was led by Mark Weeks and Quinn Moss. Mark and Quinn also advised Sanei on the joint venture’s inception in 2010.
“Our ongoing relationship with Sanei is based on Orrick’s strong capabilities with cross-border licensing and M&A deals. Quinn Moss has been working with Sanei since the late 1990s and we in Tokyo have been working closely with Quinn on Sanei matters for more than five years,” said Mark, commenting on Orrick’s work on both Sanei’s initial investment in, and ultimate divestiture of, Kate Spade Japan.
The team consisted of cross-practice professionals from real estate, commercial litigation, employment law and corporate that included partner Shinsuke Yakura, managing associates Reiko Saito and Yuko Inui, senior associate Yumiko Ohta, associates Jean Luyat, Mari Hayashida and Osamu Fujiwara, and paralegal Daisuke Matsuda. Maki Shimura handled all translations throughout the deal.