The Development History of American Shengxin Law Firm
Shengxin was founded in 1884. At the end of 19 and the beginning of the 20th century, Shengxin's business areas mainly focused on railway restructuring, the establishment of mining and natural resources companies and the nationwide expansion of public utilities. After World War I, Shengxin's business began to expand internationally. By the 1920s, the company's customers had expanded to Africa, Asia, the Caribbean, Europe and South America. At the beginning of the 20th century, Shengxin began to carry out various corporate financing on behalf of investment banks. In 1950s, Shengxin further expanded its banking business and served as the legal representative of Hanover Trust Company, a manufacturer. In the 1960s and 1970s, Shengxin's business was more inclined to the field of financial services and became the legal representative of major investment banks in the United States. In 1980s and 1990s, Shengxin launched M&A business, including providing services to customers (such as Kohlberg Kravis &; Roberts and Blackstone Group) handle leveraged buyouts and financing. Litigation has always been an important part of Shengxin's business. In the 1930s, after the establishment of the federal securities legal system in the United States, the company's securities litigation business developed. In recent years, the company has conducted a large number of multiple cases, lawsuits involving multiple jurisdictions, class action cases and international dispute settlement on behalf of customers from all walks of life around the world.