Dispute over the Transfer of Equity in a Commercial Bank Valued at Over 12 Billion Yuan | Supreme People’s Court: Transfer of More Than 5% of Equity in a Commercial Bank Without Prior Approval Is Ineffective, and Splitting to Avoid Approval Is Not Allowed
Turning Defeat into VictoryRetrial by the Supreme People's Court
Recently, the Supreme People’s Court issued the Civil Ruling ((2024) Supreme Court Civil Application No. 2152), ruling to dismiss Zhongjing’s application for retrial. With this, the nearly four-year-long dispute over the equi...
Four Appearances in High People’s Court, All Securing Favorable Rulings: Obtaining Huge Surety Bond Insurance Claim in an Insurance Claim Dispute
Private Equity FundPerformance Bond InsuranceCivil-Criminal Intersection
The fund manager, on behalf of the fund, filed a dispute over a huge insurance claim and finally obtained a full victory judgment after seven years. This case involves complex legal relationships, including accounts receivable transfer a...
Combining Legal and Technical Expertise to Overcome Numerous Difficulties and Reverse an Unfavorable Judgment: An Engineering Quality Dispute
Engineering Quality DisputeSecond-Instance Judgment ReversalOverturning the Appraisal Report
After obtaining an unfavorable first-instance judgment, the client entrusted our firm. In the second instance, the agent attorneys selected two institutions from the dual dimensions of industry professionalism and appraisal authority, co...
First Case in China Where Independent Contracts Still Apply Guarantee Rules: Ruling That a Listed Company Shall Bear Liability for Compensation
Independent ContractDeficit CoverageListed Company
With a subject amount of 4.92 billion yuan, this case set a record for the highest subject amount since the establishment of the Guangzhou Intermediate People’s Court. It involves cutting-edge issues such as the consolidated trial ...
First Case in China Substantively Citing the Consultation Draft of the Financial Trial Meeting Minutes: Confirming That Deficit Coverage Commitments Issued by Entities Designated by Managers Are Also Invalid
Determination of Investors' LossesValidity of Deficit Coverage by Entities Designated by Fund Managers
This case involves disputes such as the validity of deficit coverage commitments issued by other third parties designated by private equity fund managers, and whether investors’ losses are premised on fund liquidation. Adhering to ...
