Yoshiki Shimada

YOSHIKI SHIMADA is a partner in Sidley’s New York office. Yoshi received his A.B. (Phi Beta Kappa) from Cornell University and his J.D. from Harvard Law School.

Yoshi is responsible for covering a wide range of work for major Japanese corporations and financial institutions – capital markets transactions, investment funds, acquisitions/divestitures, credit facilities, structured finance transactions, government regulatory investigations, and litigation matters.

Among the matters he has advised on are the first medium-term deposit note program established by a Japanese bank, the first listing by a Japanese bank on a U.S. national securities exchange, the first cross-border Japanese asset securitization launched and completed, the first 144A global offering by a Japanese company, the first global IPO by a Japanese real estate investment trust, and the first global offering of sustainability-linked bonds by a Japanese issuer. He has advised a major Japanese bank in connection with its successful application to become the first Japanese bank to be qualified as a financial holding company (FHC) under the U.S. Bank Holding Company Act.

Yoshi has extensive experience representing Japanese financial institutions as investor’s counsel in connection with their cross-border investments in various types of funds managed by U.S. and European investment managers, including funds-of-funds, funds-of-one, commingled funds, and privately managed accounts. More specifically, he represents Japanese financial institutions in connection with their alternative investments, including their investments in U.S. financial products or assets using investment vehicles, such as partnerships or limited liability companies organized in the U.S., or vehicles organized in the Cayman Islands. In the course of representing Japanese institutional investors that have entrusted management of their investment portfolios to external investment managers, he has negotiated investment management agreements and sub-advisory agreements with many large and small more specialized investment managers in the U.S. and Europe.

Yoshi has been advising Japanese clients in criminal and civil government investigations launched by U.S. government agencies and complex civil litigation commenced by private litigants in parallel with such investigations. In recent years, he has advised Japanese corporate clients and executives as to matters requiring crisis management before the U.S. Department of Justice, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission.

As advisor to one of Asia’s leading theatrical companies (Shiki Theatrical Company), he has negotiated cross-border production/licensing agreements with major Broadway producers, including Walt Disney Theatrical Productions, to bring Beauty and The Beast and The Lion King musical productions to Japan.

He is fluent in English and Japanese.

Yoshi has represented Japanese financial institutions, institutional investors, and corporations in connection with:

• their investments in alternative asset classes including U.S. private equity funds, hedge funds, and real estate
• government investigations brought by the U.S. Department of Justice, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission
• class actions and other civil litigation in both federal and state courts in the U.S.
• global securities offerings, including the first Regulation S/Rule 144A global offering by a Japanese company and recently the first Regulation S/Rule 144A global offering of sustainability-linked bonds by a Japanese issuer
• asset securitizations, including the first cross-border securitization by a Japanese corporation
• commercial paper and medium-term note programs, including the first medium-term deposit note program established by a Japanese bank in the U.S.
• transactions by Japanese real estate investment trusts (J-REIT), including the first global initial public offering (IPO) completed by a J-REIT
• Euro medium-term note programs and Eurobond offerings in the European capital markets
• formation and ongoing maintenance of investment funds (including loan funds) managed by U.S. investment managers
• sponsored American Depositary Receipts (ADRs) facilities in the U.S.
• term loans and credit facilities, including committed and non-committed lines of credit, revolving credit facilities, and global credit facilities
• listings on national securities exchanges in the U.S., including the first listing by a Japanese bank on a U.S. national securities exchange
• corporate restructurings, including mergers, acquisitions, and divestitures of U.S. affiliates and subsidiaries
• initial public offerings in the U.S.
• periodic filings of annual reports, interim reports, security holding reports, and large trader reports with the U.S. Securities and Exchange Commission, and Sarbanes-Oxley Act compliance matters
• applications before the Federal Reserve Board and other U.S. federal and state bank regulators, including the first successful application filed by a Japanese bank to become a financial holding company under the U.S. Bank Holding Company Act, and other financial regulatory matters under the Dodd-Frank Act, including the Volcker Rule
• broker-dealer and investment adviser registrations with the U.S. Securities and Exchange Commission
• investment company matters under the Investment Company Act of 1940
• internal disclosure controls and procedures