The IFIL Group has closed a US$90 million deal in Vision Investment Management in the form of a five-year mandatory convertible bond, which on conversion…
Despite some remaining flaws, arbitration is still the preferred method of dispute resolution for investors in China. This is not only due to the generally applicable advantages of arbitration over litigation but is also linked to the particularities of the Chinese legal system. However, these particularities should be carefully taken into account when drafting the arbitration clause in a contract involving a Chinese party, otherwise the arbitral process could lead to an unenforceable and useless award.
The real estate and construction industry is one that has gone through many changes recently, and the government has made various attempts to control certain aspects of it with changes to the regulatory environment. Will investment in China continue in this industry and will the law evolve alongside it, or are new changes imminent? China Law & Practice takes a closer look at the field, what the lawyers have to say, and what the future will bring for China.
Executives see local ineffectual intellectual property regimes, questionable business practices, and insufficient financial recourse against sellers, as…
Beijing-headquartered law firm Broad & Bright announced that John Chu and Lawrence Guo have joined the firm as partners. Together with Chu and Guo, the…
The recent restructuring of cabinet-level regulatory bodies at the State Council will improve the efficiency of the approval processes through the consolidation…
On May 12, 2008 the Supreme People's Court promulgated the Interpretation of Some Issues regarding the Application of the PRC Company Law, which became effective on May 19, 2008. The new interpretation provides guidelines on the application of Chapter 10 of the Company Law on dissolution and liquidation of companies incorporated in China, including foreign invested enterprises and domestically owned companies, both limited liability companies and joint stock companies.
Private equity investor, CVC Asia Pacific, has completed a public-to-private acquisition of the entire business of Asia Dekor Holdings Limited, a Singapore-listed…