First Case in China Where Independent Contracts Still Apply Guarantee Rules: Ruling That a Listed Company Shall Bear Liability for Compensation

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

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 ...