Karen Fan is a partner, the Managing Partner and Chief Representative of Dorsey & Whitney Shanghai Office, qualified to practice in the State of New York and achieved PRC legal qualification.
Fan’s practice areas include cross-border M&A, PE & VC investment, international joint venture, business sale and asset divestiture, and CFIUS risk control and compliance program. Fan has the ability to provide strategic advice and practical guidance to Chinese clients when they encounter legal and regulatory challenges in expanding businesses into the international market.
Leading the China M&A group of Dorsey, Fan has completed many challenging and consequential cross-border M&A transactions, including (1) representing Visirna, a Greater China subsidiary of Arrowhead, in selling assets relating to Greater China rights to Plozasiran to Sanofi, (2) representing The Coca-Cola Company in the complex restructuring of the joint venture of still beverages business in China; and (3) representing Huntsman in restructuring an MDI facility in Shanghai (3) representing R&F Properties in the sale of the Guangzhou International Airport R&F Integrated Logistics Park to Blackstone. Under the leadership of Fan, Dorsey’s China M&A practice recently won the recognitions such as Deals of the Year 2021 to 2025: Cross Border by China Business Law Journal, China International Notable Law Firm by ALB Asia M&A Rankings 2022 – 2-24, Other Notable Firm: China in IFLR 1000 M&A Rankings 2022-2024. Personally, Fan has been recognized by China Business Law Journal as the Growth Driver in the A-List, 2025-2026 and IFLR1000 Rising Star Partner: M&A – Foreign: China, 2023 – 2025.
Fan is also a frequent professional speaker at Select USA events hosted by the U.S. Department of Commerce on the topic of U.S. ever-changing legislation and policies on the clean energy industry. On that basis, Fan assisted numerous Chinese clean energy and EV component producers in navigating complex U.S. legal regime (including the Inflation Reduction Act, the One Big Beautiful Bill Act, and FEOC Rules) and developing strategic solutions to supply chain stability, market access, compliance and continued operations in the U.S. market.
As one of the first batch of honorable foreign lawyer members of the Shanghai Bar Association (“SBA”), Fan is a regular speaker in the foreign legal training programs organized by the SBA.