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Disputes over equity transfer between Yinjing Real Estate Co., Ltd. in Shunde District, Foshan, Guangdong Tongjiang Hospital and Beijing Wangzhongcheng Medical Technology Co., Ltd., Zhang Yuqi, etc

Time:2020-07-06 10:24:36Browse:

The disputes originated from equity allocation between the two sides post establishment of the joint venture hospital. The Beijing partner filed a lawsuit to request for being allocated 34% of the equity, and the client insisted that the two sides had not agreed on the specific matters of equity transfer. The legal proceedings lasted for several years and went through the first instance, second instance, first instance retrial and second instance retrial proceedings. Besides, the case involved multiple parties and amounts of several dozen million RMB. What is more, the facts found in the original judgments were unfavorable to the client, and the client was thus exposed to the risk of suffering losses as high as several dozen million RMB.

After receiving the client’s instruction, and within a relatively short time for preparing court hearing, we forthwith formed a service team, reviewed all the case documents and conducted three mock courts to restore the facts of the case in an all-round way and clarified the legal relations. In the end, we persuaded the court of second instance retrial to change the findings of the courts of original trial on the facts, whereby the equity disputes were smoothly resolved and the equity ownership of the equity was determined.

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