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

Our client is a minority shareholder of Company A. The major shareholder of Company A uses the privately - established Company B as a tool to transfer property, employees, and business opportunities by taking advantage of his position in Company A, directly harming the interests of Company A.

Therefore, our firm represents the client in filing a lawsuit against the major shareholder of Company A for his act of harming the interests of the company.

We believe that, as the executive director and manager of Company A, the major shareholder has violated the duty of loyalty and diligence stipulated in Articles 147 and 148 of the Company Law, which constitutes horizontal competition.

Regarding the compensation subject, we believe that if Company B has never distributed its profits since its establishment after obtaining income, the right of subrogation will be "rendered ineffective". Therefore, the major shareholder and Company B shall jointly and severally compensate Company A for all the operating income of Company B from its establishment to the present.