Thomas Yih: Man on a mission
November 02, 2009 | BY
clpstaff &clp articlesA finalist for In-House Team of the Year at the recent CLP Awards, Shanda Interactive Entertainment [Shanda Games since its IPO] has enjoyed an extremely busy year closing a series of transactions in an unprecedented investor climate. Shanghai-based general counsel Thomas Yih speaks with CLP
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What are the key responsibilities of your role, and how does this fit in with the rest of the legal function at Shanda?
I am primarily responsible for all of the legal – including IP – and compliance functions. In addition to supporting the daily operations of the company, the legal team actively participates in a variety of transactions, ranging from US capital markets to M&As and investments (both onshore and offshore). Compliance is also extremely important for Shanda. As a publicly listed company on Nasdaq, Shanda is subject to the requirements of Nasdaq rules as well as Cayman Islands law. In addition, because our business is primarily conducted in China and the internet and interactive entertainment industry are subject to tight scrutiny by the government, the legal team is also tasked with ensuring compliance with PRC rules and regulations.