Tuesday, November 10, 2020 | 6:00-7:00 PM (EST) Wednesday, November 11, 2020 | 8:00-9:00 AM (JST)

Featuring:

Martin Chorzempa

Research Fellow, Peterson Institute for International Economics (PIIE)

Nels Hansen

Partner, Corporate/M&A Practice Group, White & Case LLP

Moderated by:

Alicia Ogawa

Director, Project on Japanese Corporate Governance and Stewardship, Center on Japanese Economy and Business, Columbia Business School

What you'll learn:

The U.S., Japan, the EU, and other developed economies have recently introduced new rules restricting foreign investors' ability to acquire local businesses, and even to own stock in local publicly listed companies. The global pandemic has prompted more tightening of these rules, for example, in order to prevent foreigners from owning large stakes in local health-care related companies. The recent case of TikTok is one of many examples of the complications resulting from these rules.

a) What is the policy goal of these measures?

b) What are the expected costs vs. benefits? What might be the effects on innovation and economic growth?

c) What has been the early experience for investors in navigating these rules?

d) If the motive behind these new regimes is fear of China accessing advanced technology, is a national response preferable to a globally orchestrated one?

About the Speakers:

Martin Chorzempa, research fellow, joined the Peterson Institute for International Economics in 2017. He gained expertise in financial innovation while in Germany as a Fulbright Scholar and researcher at the Association of German Banks. He conducted research on financial liberalization in Beijing, first as a Luce Scholar at Peking University’s China Center for Economic Research and then at the China Finance 40 Forum, China’s leading independent think tank. In 2017, he graduated from the Harvard Kennedy School of Government with a masters in public administration in international development. He is working on a forthcoming book on fintech in China. He has been quoted in the Wall Street Journal, New York Times, Washington Post, Financial Times, MIT Technology Review, and Foreign Affairs.

Nels Hansen is a partner in White & Case LLP's Corporate/M&A practice group, based in Tokyo. He has helped clients complete more than US$100 billion in completed mergers and acquisitions, hostile or contested transactions, investments and joint ventures, acting primarily for technology, media and telecommunications companies, energy-related companies and private equity and venture capital funds.

He also has assisted numerous targets of activist shareholder situations in the US and Japan. This experience, together with mandates on behalf of engagement and/or activist hedge funds themselves in the US and Japan, helps our Tokyo team to guide Japanese and international clients in activist shareholder situations with a uniquely global perspective and understanding of both sides of the table.

His assistance of international clients with public and private company targeted M&A in the US, Japan and Europe, and private equity and venture capital investment in Asia, Europe and the US, form the core of his practice. In 2018, the FT Innovative Lawyers Asia-Pacific Awards selected Nels as a 'Commended' lawyer in the 'Accessing New Capital and Markets' category for assisting a client in a combined venture capital and project financing.

Nels has served on the Japanese Law Translation Council of the Ministry of Justice since April 2020. Since 2015, Nels has served at Keio Law School as the lecturer for the course “ M&A and Strategic Alliances.” Nels previously worked in Japan's Ministry of Economy, Trade & Industry and at the Research Institute of Economy, Trade & Industry. He is a member of the Tokyo Bar Association.

Admission and Contact:

This is a free event. You must register for the webinar to receive the login details. Participants will receive a link to access the live webinar upon registration.

If you have questions about the event, please contact us at cjeb@columbia.edu. For more information about other CJEB events, visit our website or contact cjeb@columbia.edu.