In what appears to be the first ruling granting motions to dismiss in the current wave of securities class actions against Chinese companies whose shares trade on U.S. exchanges, a federal judge in Manhattan has tossed claims against China North East Petroleum Holdings and related defendants.
Canadian mining company Silvercorp, China’s largest primary silver producer, has filed a defamation suit against websites that allegedly published false reports accusing the company of engaging in a $1.3 billion accounting fraud.
Federal Trade Commission and Justice Department officials signed an antitrust memorandum of understanding with Chinese antitrust agencies on Wednesday, creating “a framework for long-term cooperation” almost three years after China’s anti-monopoly law went into effect. The U.S
Boies Schiller’s Lee Wolosky says that his client Starr International’s suit against China MediaExpress is the first in the expanding “reverse merger” litigation to target individuals in the U.S. who helped a Chinese merger partner obtain a listing on an American exchange.
Authors/Consultants: Lutz-Christian Wolff, Professor of Law at the Faculty of Law, Chinese University of Hong Kong CHINA OUTBOUND INVESTMENTS offers practical and authoritative guidance to Chinese investors and their advisors as well as to those located in actual and potential target countries of Chinese investments around the world (including Canada). CHINA OUTBOUND INVESTMENTS provides: a structured and precise introduction to the law and practice of China outbound investment projects , including approval and registration requirements, anti-trust law, HR issues, taxation and accounting a comprehensive discussion of general topics of importance in the context of cross-border investments, such as the discussion of structuring options, tax planning, outbound related IT and IP issues as the importance of investment treaty networks a unique compilation of 23 country reports from law firms around the world addressing their home jurisdictions’ inbound investment regimes a compilation of bilingual PRC laws and regulations governing China outbound investments