Due to rapid changes brought by market development and transition, legal service has to keep developing to adapt to such dramatic changes.
Charles Guan Position: Managing partner, Grandall Law Firm (Shanghai)
What was your first-ever job? (prior to becoming a lawyer) In-house counsel of a national commercial bank
Where did you study? (give dates)
East China University of Political Science & Law
Where did you train?
Shanghai, Hong Kong and Switzerland
Have you lived or worked outside your home jurisdiction? What did you learn from it?
Yes, I have worked outside China. The work experience improved my international vision and international network.
When did you become partner?
What deal/case in your career stands out the most and why?
TNT’s purchase of Haou Logistics, the biggest private-run logistics company in PRC.
As a leading international logistics company, TNT’s purchase of Haou Logistics (the biggest road-transportation and logistics company in China) has a huge influence. This Project marks a new development stage of international logistics companies in China as China has fulfilled its WTO commitments by allowing the existence of wholly foreign-funded logistics company. Meanwhile, it is one of the most influential projects being approved after the official effectiveness of the Rules on Merger with and Acquisition of Domestic Companies by Foreign Investors. Despite of its huge influence, the Project is also a complicated project involving numerous factors, difficulties and obstacles.
What have been your recent deals?
PE/VC investment and IPOs. What is the biggest challenge facing your market at the moment?
Due to rapid changes brought by market development and transition, legal service has to keep developing to adapt to such dramatic changes. What has been the most significant development in your sector in recent years? (this can be legal/technical)
The market tends to be standardized, while the regulation of the market becomes stricter. If you hadn’t been a lawyer, what would you have been?
A scholar of university
Which country do you travel to most frequently and which country do you like the best?