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Attorneys  

Selig D. Sacks

Selig Sacks is the Senior Partner in Pryor Cashman’s Corporate Group and Co-Chair of the firm’s China Practice.

Mr. Sacks represents primarily U.S. and Chinese companies in U.S. capital markets transactions and ongoing SEC compliance. His clients are engaged across industries such as pharmaceuticals, consumer products, green technology, new media, and infrastructure. Mr. Sacks is also active in defending U.S. publicly traded Chinese companies in class action lawsuits and SEC investigations, and conducting internal investigations by Special Committees of Boards of Directors.

Mr. Sacks has an active private equity practice on behalf of financial sponsors and investors, including Bahrain International Bank, E.C. and Electra Private Equity PLC.  His 2009 transaction, the ESOP Buy-Out of International Intimates, Inc., was honored as Acquisition Financing Deal of the Year by The M&A Advisor.  

Mr. Sack’s recent transactions include the representation of:

• The Audit Committee of Jinhao Motor Company (OTC: GIMC) and the Independent Directors of Orient Paper, Inc. (NYSE Amex: ONP) in internal corporate investigations
• Sinopec USA in its acquisition of its corporate offices in midtown Manhattan
• Rodman & Renshaw, as underwriter’s counsel, in the follow-on public offering for Sky People Fruit Juice, Inc. (Nasdaq: SPU)
• Global Hunter Securities and Knight Capital, as underwriter’s counsel, in the initial public offering of Ossen Innovation Co., Ltd. (NasdaqGM: OSN)
• China Shenghou Pharmaceutical Holdings, Inc. (NYSE Amex: KUN) in the successful conclusion of an SEC investigation and favorable settlement of a class action lawsuit
• AgFeed Industries, Inc. (Nasdaq: FEED) in its PIPE and public offering
• Shiner International, Inc. (Nasdaq: BEST) in its resale registration and Nasdaq Listing

On December 2, 2010, Pryor Cashman became the first law firm in the world to sign a Memorandum of Understanding with the International Cooperation Center of the National Development and Reform Commission of the People’s Republic of China (ICC-NDRC) to assist Chinese companies to access the U.S. capital markets and with technology transfers. Mr. Sacks leads this effort.

Mr. Sacks is a frequent speaker in China on public offerings and private placements in the United States. He was a member of the Rockefeller Family Mission to China (March 2010) and the NASDAQ OMX Delegation to Inner Mongolia (May 2010), as well as a speaker at the 12th Annual Private Equity and Venture Capital Forum held in Shenzhen (June 2010), and the China IPO Bootcamp 2011 held in Shanghai with NASDAQ OMX. In March 2011, Mr. Sacks conducted seminars on the U.S. capital markets for government and business leaders in the Haidian District of Beijing (China's Silicon Valley) and the Guanghua School of Management, and in Shijiazhuang and Hangzhou.

Mr. Sacks was Chair of the 9th Annual M&A Advisor Awards and Summit held in New York in December 2010 and led the BRIC-China Panel, and Chair of the 2011 International M&A Awards and Summit held in New York in October 2011. He was a featured speaker in New York at the "Wall Street China Forum: Assesing U.S. Listed China Companies" sponsored by China Entrepreneurs (May 2011), West Greets East - 2011 U.S.-China Real Estate Summit (July 2011), China Chamber of International Commerce (August 2011) and U.S. China Innovation and Cooperation Conference (October 2011).

Mr. Sacks is a graduate of Stanford Law School, where he was Executive Editor of the Stanford Journal of International Studies. He serves on the Board of Visitors of Stanford Law School, Regional Chair. He served for 6 years on Pryor Cashman’s Executive Committee and as Co-Chair of its Lateral Recruitment Committee.

Publications

• Contributor, "Best Practices of the Best Deal Makers," M&A Series published by Merrill DataSite and The M&A Advisor (October, 2011)
• Co-Author (with Michael Campoli and David Parsly), “Going Dark” – Process and Considerations, Pryor Cashman Legal Update (July 2011)
• Co-Author (with Michael Campoli and David Parsly), “Going Private” – Process and Considerations, Pryor Cashman Legal Update (June 2011)
• Co-Author with UBS (formerly Paine Weber), Resource Recovery Procurement and Financing, New York State Department of Environmental Conservation 1980

Professional Affiliations

• American Bar Association

Other Activities

• Stanford Law School Board of Visitors
• Northwestern University Regional Leadership Council
• Block Museum of Art, Board of Advisors
• The American Folk Art Museum, former Trustee, Member of Executive Committee and Chair of Nominating and Corporate Governance Committee
• Sequitur, Inc., Board Member
• American Friends of Herzog Hospital, Board Member
• American Pardes Foundation, Inc., Board Member and former President
• Ballet Hispanico, former Board Member