We invested in a matter involving a famous, listed state-owned electronics company based in Shenzhen. It had a dispute regarding an equity transfer contract it signed with a listed electronics manufacturer based in Guangdong Province.
The Guangdong company did not perform a licensing procedure required by the equity transfer contract. Our client suffered substantial financial losses and also had to pay auditing fees, attorneys fees,research fees, assessment fees, personnel seconding fees, and various other fees. The court found for our client in this matter.
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