In the News: Huawei Lawsuit; 49 New Amendments; and New Product Quality Rules
March 25, 2019 | BY
Marilyn RomeroHuawei Technologies pleads not guilty to defrauding banks in a New York court; China's State Council signs off on amendments to 49 laws; and the State Administration for Market Regulation targets inferior products with new regulations.
Huawei pleads not guilty to U.S. charges
Responding to federal charges that it defrauded at least four banks, Huawei Technologies Co. has pleaded not guilty in a federal court in New York. The company is being charged for allegedly hiding business dealings in Iran, which is in violation of U.S. sanctions. The recent plea made by Huawei, the largest smartphone maker in China, and its U.S. subsidiary signals the beginning of the company's defense in the US case. The company's U.S. legal team includes two former federal prosecutors—Sidley Austin partner Michael Levy and Jenner Block partner David Bitkower—and former Deputy Attorney General James Cole. Meng Wanzhou, Huawei's chief financial officer, who is also charged in the case, was not in court. She currently remains free on bail in Vancouver while she fights extradition to the U.S. She says that the charges against her are politically motivated.
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