What the Soho China and Fosun case means for the real estate sector
August 22, 2013 | BY
clpstaff &clp articlesThe case between Soho China and Fosun has shown that the transfer of equity without the consent of subsidiary equity-holders evades the right of first refusal. The Judgment may pose a threat to this practice
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The two companies fought for the development rights of the most expensive piece of land in Shanghai before the Shanghai First Intermediate Court.
“The judgment ruled that the transfer of