Shearman & Sterling has been recognized for its role on Lotus Technology Inc’s De-SPAC transaction, which was awarded a Deal of the Year recognition from China Business Law Journal. The publication noted that the transaction involved one of the largest funding rounds in a De-SPAC transaction in 2023.
The winning deals represent some of the most noteworthy transactions of 2023, based on a thorough annual review of the China legal market. In selecting the Deals of the Year, the China Business Law Journal takes into account various factors, including overall significance, complexity, innovative nature and deal size.
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