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Cases

Our Firm Undertakes a Shareholder Dispute Resolution Project

In April 2021, our firm undertook a shareholder dispute resolution project. Our client is a minority shareholder of a real estate enterprise.

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Can a Director "Secretly" Operate a New Company and Evade the Duty of Loyalty and Diligence to the Old Company?

On March 23, 2021, the first hearing of the first instance of a dispute regarding liability for harming a company's interests, which our firm represented, took place.

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Should Senior Executives Compensate the Company for Wanton Reimbursement of Hospitality Expenses? (Part 2)

The lawsuit in which our firm represented shareholders suing the company's manager, chief financial officer, and supervisor for liability for damage to the company's interests had its first hearing last Friday.

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Should the Assignee Bear Liability When a Shareholder Transfers Equity After Withdrawing Capital Contributions?

Our client won a lawsuit in a contract dispute, but the debtor has never fully fulfilled the debt. After investigation, it was found that two former shareholders of the debtor company had the behavior of withdrawing capital contributions.

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Can the Company Recover Damages When Directors and Senior Executives Fail to Discharge Their Duties Diligently and the Company's Interests Suffer Loss?

We believe that directors and senior executives owe a duty of diligence to the company and should manage the company's relevant affairs diligently, in good faith, and prudently as if handling their own affairs.

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Should Senior Management Compensate the Company for Reckless Reimbursement of Entertainment Expenses?

A case in which our firm represents a minority shareholder suing the company’s manager, financial officer, and supervisor for damaging the company’s interests is scheduled for its first hearing on March 15.

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Can Shareholders Directly Sue on Behalf of the Company When Both the Manager and the Supervisor Damage the Company's Interests?

On February 5, 2021, the case of liability for damage to the company's interests represented by our firm was officially filed.

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Does a Shareholder Have the Right of First Refusal When Equity is Subject to Judicial Auction?

When the people's court transfers the equity of a shareholder in accordance with the legally prescribed enforcement procedures, it shall notify the company and all shareholders, and other shareholders shall have the right of first refusal under the same conditions.

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Does a Newly - established Company Bear Joint Liability for Compensation if a Director Sets up a Company Privately to Transfer Business?

On January 19, 2021, the case of liability for damage to the interests of a company, which our firm represents, was officially filed.

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The Second - instance of a Case Handled by S&G Regarding the Damage to Partners' Interests Caused by Equity Transfer Was Remanded for Retrial

On January 14, 2021, in a case handled by our firm regarding the damage to the interests of other partners caused by the "underselling" of equity, after our appeal, the second - instance court ruled to remand the case for retrial.

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