The Chinese arm of coffeehouse chain Tim Hortons (Tims China) started to sell its shares on the Nasdaq after closing a merger with blank cheque company Silver Crest Acquisition Corp and at the same time received nearly USD200 million of additional financing.
Morrison Foerster advised Silver Crest on the US law. The team was led by partner and global chair of private equity group Marcia Ellis , corporate partners Li Ruomu and Omar Pringle, together with corporate partner and co-chair of the global corporate department Mitchell Presser, corporate partners Joseph Sulzbach and John Owen, Hong Kong tax partner Matthew Lau, technology transactions partner Sun Chuan, partner and co-chair of the corporate finance David Lynn, and executive compensation partner Amanda Hines-Gold.