Grace Parke Fremlin is a partner based in the Washington, D.C. office, and is a member of the corporate, finance and IP groups with extensive experience with regulatory and policy issues.
Ms. Fremlin often acts in the capacity of outside general counsel for NE Asian global companies investing and operating in the United States and in a similar capacity for US companies and financial institutions investing and operating in Greater China. Her specialty is cross-border Greenfields Foreign Direct Investments (FDI) and M&A transactions, starting with the Japanese wave of inbound US investments in the 1980s, followed by the US wave of outbound investments into China in the 1990s, the Korean wave into the United States in the 2000s and the latest Chinese wave of investments into the United States in recent years.
From having followed the global investment flows, Ms. Fremlin’s legal experience encompasses and covers multiple and varied legal specialties and industries. Early in her career in California, Ms. Fremlin focused on commercial loans, corporate formations, and US inbound FDI from Japan in banking, manufacturing, construction and real estate. Then she focused on US outbound FDI into China in industrial, automotive and land development in China while residing and practicing from Hong Kong. After returning to New York and Washington DC, she focused on US inbound FDI from Korea in the automotive, technology and consumer goods industries.
Anchored as a commercial, corporate and real estate lawyer, Ms. Fremlin concurrently led and supervised finance, regulatory, and international trade and investment and IP matters and cases. For the automotive industry, she advised on IP asset utilization and protection strategies and global distribution, procurement, and supply contracts. For the construction, energy, tech sectors, she has dealt with corporate and tax structuring for market entry and exit, corporate governance, financing arrangements, and regulatory compliance. For sovereign governments and corporations, she has handled investment and trade policy and governmental relations.
Prior to joining K&L Gates, Ms. Fremlin was a partner in a Washington, D.C.-headquartered international AmLaw 100 law firm, where she was the founder and co-chair of the Korea Practice. Before that, she was a partner in another AmLaw 100 law firm where she was the chair of the firm’s Asia Practice.
Ms. Fremlin has practiced law in Los Angeles, Hong Kong, New York, and Washington, D.C., and her financial institutions, automotive, manufacturing, technology and sovereign clients have originated from the United States, Korea, China, Japan, Hong Kong, and Taiwan.
Ms. Fremlin possesses exceptional breadth in her cross-border commercial, finance, Greenfields FDI, investment and trade policy, regulatory, M&A and IP experience. Clients and counsel alike are impressed by her keen legal and business insights. The in-house counsel of a Korean global auto company negotiating a US automotive supply contract valued at USD5.5 billion called her “the best of the best.” In a software launch and equity fund raising project, the US joint counsel on the project praised her as an “exceptionally gifted lawyer” with “laser beam focus on critical issues.” In yet another negotiation where Ms. Fremlin was representing the buyer, the general counsel of the US Company on the sell side remarked, “When I need a lawyer, I’m going to hire you.”
Ms. Fremlin acts for global companies as lead counsel on their US investments, operations, and IP matters and as coordinating counsel on US IP litigation and regulatory matters. She has also advised US companies on their China investments, helping them implement corporate legal structures and contractual and practical ways to protect their IP assets in China. She focuses on equity and debt financing arrangements, holding company structures, subsidiary formations, exit strategies, joint ventures (JVs), wholly foreign owned entities (WFOEs), China sourcing and procurement operations, technology transfers, licensing, contract manufacturing, supply contracts, and distribution, procurement and sales agreements.
In her work with NE Asian and US global companies, nonprofits, and sovereigns, Ms. Fremlin has worked on policies and regulations affecting financial services, banking, automotive, technology, cloud computing, construction, e-commerce, electronics, energy, internet, IP, IP litigation, and high speed rail and has provided legal and strategic advice on trade and investment policy, treaties and global economic competitiveness.