Jones Day hires from Dorsey in New York

Lanier Saperstein joined Jones Day as a partner on 23 January, after over eight years at Dorsey.

At Dorsey he defended Bank of China from accusations of terrorism financing in a high-profile lawsuit brought by victims of a suicide bombing in Tel Aviv, and persuaded a US court for the first time to require the claimant to use the Hague Evidence Convention to request confidential bank records.

In 2010 he won a precedent-setting decision for a group of Chinese banks – ICBC, Bank of China and China Construction Bank Corporation – halting an attempt to seize Chinese government assets held in the banks’ accounts.

A graduate of the College of William and Mary, the London School of Economics and Northwestern University School of Law, he began his legal career in 1997 as an associate at Schulte Roth & Zabel, where he principally represented hedge funds in securities and other litigations. He moved to Simpson Thacher & Bartlett in 2001, representing JPMorgan Chase in a consolidated securities litigation.

In 2005 he joined Allen & Overy, where he represented a Swiss bank in litigation surrounding the €14 billion collapse of Italian food company Parmalat and began acting for Chinese banks in other litigation. He joined Dorsey & Whitney in 2011.

He sits on the New York City Bar Association’s compliance committee, which addresses compliance issues for financial institutions, and last year co-organised the visit of a delegation from China’s State-owned Assets Supervision and Administration Commission of the State Council (SASAC).

Jay Tambe, head of Jones Day’s financial markets practice, said Saperstein’s “extensive experience with international financial institutions makes him an excellent fit for the global concerns of our clients”.

“Lanier is well-versed in the intricacies of banking, finance and security issues. He will be making vital contributions as our financial markets practice expands to better serve our bank clients, as well as direct-lenders and fintech companies.”

Saperstein said he was “thrilled” to join Jones Day. “I am also excited to be working closely with Jay and the other impressive lawyers here to plan and prepare for the next wave of legal issues that we anticipate will impact global banks.”

Saperstein also frequently writes on China and banking-related legal issues, including for the Wall Street Journal and the New York Law Journal and the Notre Dame Law Review, and teaches a class on banking litigation at Fordham University School of Law, where he is an adjunct professor of law.

 

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