An Eight-Year Legal Battle: Breaking the “Possession Equals Ownership” Rule to Protect 120 Million RMB in Private Equity Fund Assets
Private Equity DisputesCivil-Criminal IntersectionInsurance ClaimsAction of Objection to EnforcementIndependence of Fund PropertyCases exceeding 100 millionSupreme People's Court Retrial ReviewBreakthrough Judgment
Zhenghan Law Firm represented a private equity asset management company acting as the fund manager for two tranches of accounts receivable investment private equity funds. In a complex context involving overlapping criminal and civil pro...
Zhenghan Law Firm Secures Reversal in Foreign-Related Contract Dispute Appeal, Selected as a 2025 Typical Case by the Shanghai International Commercial Court
Second-Instance Judgment ReversalForeign-related CommercialTypical Case
Zhenghan Law Firm worked closely with Quinn Emanuel, a world-leading dispute resolution firm, to represent a Shanghai-based Wholly Foreign-Owned Enterprise (WFOE). After a first-instance defeat left the client facing potential claims wor...
Turning Defeat into Victory: Second Instance Revokes Original Judgment and Remands for Retrial, Helping a Joint-Stock Bank Reverse and Settle a Dispute Over 100 Million Yuan in Financing “Support Fees”
Turning Defeat into VictoryUnjust EnrichmentBank SuedFinancial LoansCharacterization of Support Fees and Interest SubsidiesModification of Contract through Actual PerformanceSecond Instance Reversal and Remand for Retrial
Keywords: Financial Loans, Unjust Enrichment, Characterization of Support Fees and Interest Subsidies, Modification of Contract through Actual Performance, Second Instance Reversal and Remand for Retrial, Bank Sued, Turning Defeat into V...
Turning the Tide: Zhenghan Law Firm Resolves the 1.5 Billion Yuan “Circular Fund Transfer” Rashomon Effect
Authenticity of LoanFinancial Loan DisputeCircular Fund TransferCase Remanded for RetrialBillion-Level DisputeTurning Defeat into Victory
In a financial loan dispute involving over 2.5 billion yuan that should have been “without suspense,” the court of first instance dismissed all claims of the financial institution on the grounds of “circular fund transf...
Supreme Court Remands for Retrial: 20-Year Land Acquisition Battle Recovers Over 100 Million Yuan for Taiwan-Funded Enterprise
Disputes over Contract ValidityCase Involving Over 100 Million YuanForeign-Related CaseLand DisputesLand Acquisition CompensationSupreme Court Remand for RetrialProtection of Reliance InterestsClauses Promoting Contract Effectiveness
Zhenghan Law Firm represented a Shanghai-registered foreign-invested sports club and its offshore parent company registered in the British Virgin Islands (BVI) in a litigation against a town-level People’s Government. The dispute, ...
High Court Reversal: Dissenting Creditor’s Bankruptcy Claim Confirmation Lawsuit Remanded for Retrial
Bankruptcy Claim ConfirmationPriority Right of Compensation for Construction Project PaymentsBankruptcy Reorganization
Zhenghan Law Firm represented a state-owned enterprise (SOE) in applying for a retrial regarding a bankruptcy claim confirmation lawsuit within a bankruptcy reorganization project involving assets valued at over one billion yuan. After a...
Victory in Second Instance: Zhenghan Law Firm Helps SOE Resolve Twenty-Year Historical Dispute
Case Involving Over 100 Million Yuan20-Year Statutory Lease TermInvalidity of Unilateral Renewal ClausesIncrease in Occupancy FeesVictory in Second Instance
This case involves a lease contract dispute arising from an old factory renovation, centered on issues such as the extension of a lease term beyond 20 years, unilateral renewal clauses, and massive liability for breach of contract. Facin...
Expanding the Jurisdictional Boundaries for Recognition of Hong Kong Arbitral Awards — Hong Kong Arbitral Award Represented by Zhenghan Law Firm Recognized by Mainland Courts
Hong Kong ArbitrationMainland Recognition
Faced with the challenge of being unable to recognize a Hong Kong arbitral award due to the respondent having no domicile or assets in the Mainland, Zhenghan Law Firm represented the applicant in advocating that Mainland courts should ex...
Breaking Through Multi-jurisdictional Disputes! How Zhenghan Law Firm Reversed a Litigation Dilemma in Hong Kong
Cross-border Commercial DisputesHong Kong Cross-border LitigationMulti-jurisdictional LitigationCross-border Rights Protection for EnterprisesJurisdictional DisputesForum Non ConveniensCross-jurisdictional Legal ServicesOverseas Litigation for Chinese Enterprises
As the national “Going Global” strategy continues to advance, cross-border commercial disputes have increasingly become a practical challenge for Chinese enterprises. In this context, the deep involvement of mainland law firm...
Over 20 Million Recovered! Zhenghan Law Firm’s Bankruptcy Team Receives Letter of Appreciation from Creditor
Bankruptcy
Recently, Zhenghan Law Firm received a formal letter of appreciation from a creditor, Taiping General Insurance Co., Ltd. Shanghai Branch. The letter highly commended the bankruptcy team’s patient guidance during the entire bankrup...
Supreme Court Retrial! Zhenghan Law Firm Assists a Listed Company in Resolving “Atypical Guarantee Liability”
Retrial by the Supreme People's CourtHundred-Million-Yuan DisputeAtypical GuaranteeEquity RepurchaseJudgment Confirmation of Mediation AgreementMajor Transaction of Listed CompanyNon-compliant Guarantee of Listed Company
This case involves a financial loan contract dispute with an amount in controversy of nearly 400 million RMB. Spanning seven years, it went through the first instance at the Intermediate Court, second instance at the High Court, retrial ...
Zhenghan Law Firm’s Top 10 Outstanding Cases of 2025
Top 10 Cases
In 2025, Zhenghan Law Firm remained steadfast in its original mission. Leveraging deep professional foundations, innovative strategic thinking, and a resilient professional spirit, we continued to achieve breakthroughs in the field of co...
Zhenghan Law Firm Wins Rare Administrative Lawsuit in Shenzhen, Correcting Illegal Registration
Commercial Registration ReviewAdministrative LitigationShenzhen Special Economic ZoneProtection of Shareholder RightsCorporate Control
This case arose against the backdrop of a battle for corporate control. The opposing party abused the powers of the legal representative to unilaterally change the company’s operating period without the knowledge of our client (the...
Who Can Initiate a Shareholder Derivative Suit? Application of the “Clean Hands Doctrine” in a 700 Million Case
Shareholder Derivative SuitClean Hands DoctrineInterest in LitigationPrinciple of Good Faith
In the field of commercial dispute resolution, a shareholder derivative suit is a vital legal remedy granted to shareholders to safeguard the interests of a company. However, in the complex practice of corporate governance, shareholders ...
Gazette Case of the Supreme People’s Court | Zhenghan Law Firm Assists Foreign Bank in Successfully Defending 100 Million Yuan Debt Claim, Final Appeal Victory Selected for Supreme Court Gazette
Gazette Case of the Supreme People's CourtCase Involving Over 100 Million YuanForeign-Related CaseSupreme People's Court Final JudgmentFinancial LendingExternal GuaranteeApplication of LawMandatory ProvisionsApplicable Law for Principal and Accessory ContractsAscertainment of Foreign Law
Zhenghan Law Firm represented an international bank and successfully litigated a complex cross-border financial loan and guarantee dispute at the Supreme People’s Court. Through a precise grasp of core issues such as the cross-juri...
Zhenghan Law Firm, After Seven-Year Rights Defense, Obtains Supreme Court Support, Setting a Precedent for Enforcement Objection Litigation in Cases of “No Written Distribution Plan”
Priority Creditor ProtectionCase Remanded for RetrialProcedural JusticeObjection Lawsuit Regarding Enforcement Distribution PlanTurning Defeat into VictoryRetrial by the Supreme People's Court
Zhenghan Law Firm represented Bank A in a seven-year rights protection campaign against the enforcement court’s unauthorized distribution of case funds without preparing a written distribution plan during the enforcement distributi...
Second-instance reversal: Zhenghan Law Firm, litigating away from home, recovers hundreds of millions in investments from a local government investment platform.
Case Involving Over 100 Million YuanTurning Defeat into VictoryConstruction EngineeringInvalid ContractState-owned Enterprise DisputeRecovery of Investment Funds
This case involves a complex real estate cooperative development dispute concerning a local government resettlement housing project, with the core controversy focusing on the calculation of losses after the contract was deemed invalid. T...
Second-instance victory against all odds: Zhenghan Law Firm assists in overturning the finding of equity “nominee holding” in a family enterprise.
Turning Defeat into VictoryShareholder Qualification ConfirmationEquity Nominee HoldingFamily Enterprise
Recently, in a shareholder qualification confirmation lawsuit heard on second instance by the Shenzhen Intermediate People’s Court, represented by the Guangzhou Office of Zhenghan Law Firm, the first-instance judgment was reversed,...
Zhenghan Law Firm Represented Valuation Adjustment Mechanism (VAM) Buyback Dispute Selected as Shanghai Court Excellence Case
Equity Buyback RightValuation Adjustment Mechanism (VAM)
In a VAM transaction, if an investor has not fully contributed capital, do they have the right to demand that the founding shareholders repurchase the equity based on the VAM clauses? In practice, there are few reference cases for such s...
If a Letter of Guarantee stipulates “unconditional payment,” must the bank pay?
Independent Guarantee
Representing a large commercial bank in an arbitration case involving claims of millions under a performance guarantee, Zhenghan Law Firm successfully argued that the guarantee in question did not constitute an independent “demand ...
