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2008-01-15 Richardson & Patel’s leading Asian Practice completes another US-based financing transaction with a major Chinese pork producer
| Los Angeles, CA and New York, NY (January 15, 2008) - Richardson & Patel LLP today announced that it acted as company counsel to Dalian Chuming, a leading food processing company in Northeastern China, in a reverse acquisition with Energroup Holdings Corporation (OTCBB: ENHD) and simultaneous $17 million private placement. With the completion of the reverse acquisition and PIPE, Dalian Chuming became a U.S. publicly traded company with its shares quoted on the OTC Bulletin Board. | | | | “The US financing markets for China-based companies continues to be an area of growth for our firm,” said Kevin Leung, Asia Practice Partner for Richardson & Patel and Partner in charge for this transaction. “While certain regulatory hurdles have created additional complexity for transactions like this, we continue to leverage the expertise of our team in finding ways to overcome these difficulties,” added Mr. Leung. | | | | “We are very glad that we chose Richardson & Patel as our legal advisor to handle the complex process of going public,” said John White, International Business Director for Dalian Chuming. “We were incredibly satisfied with their professionalism, expertise and quality of work, and we look forward to continuing our close working relationship in the years to come,” added Mr. White. | | | | The attorney’s involved in this transaction included Partner Kevin Leung, Lead attorney Edgar Park, Associates Francis Chen, Ayla Nazli, and Dominador Tolentino. | | | | About Richardson & Patel, LLP | | | | The law firm of Richardson & Patel, with offices in Los Angeles and New York, focuses on corporate & securities law, mergers & acquisitions, corporate finance, and business, securities & employment litigation. Richardson & Patel’s entrepreneurial spirit and competitive strength lies in its ability to blend its understanding of capital markets with its grasp for complex legal issues. As a valued business partner to numerous emerging growth clients, Richardson & Patel has mastered the art of business and the science of law to deliver Business Minds for Legal Matters. | | | | CONTACT INFORMATION | | Douglas Gold | | dgold@richardsonpatel.com | | 310-208-1182 |
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