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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

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)