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The Supreme People’s Court overruled the lower court’s decision on the Haifu vs. Gansu Shiheng case

China - December 28 2012 The case Haifu Investment Co., Ltd, vs. Gansu Shiheng Non-Ferrous Recycling Co., Ltd and Hong Kong Diya Limited for the defendants' failure to perform the…

Guan Feng (James)

The Haifu Case review –interpreting the Supreme People’s Court’s retrial judgment and it’s implications for PE investors

China - December 28 2012 The Haifu Case is the first case in China where a court has denied the validity of an agreement containing a valuation adjustment mechanism ("VAM…

Xia Dongxia, Zhou Wei, Liu Xiangwen