One of the world’s leading solar panel manufacturers based in Baoding, China, Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli” or the “Company”) announced on April 27th 2018 that one of its major suppliers has filed a request for arbitration for its claim against the Company at the London Court of International Arbitration (“LCIA”).
By: Alica Ma; Li (Mary) Ma On November 19, 2018, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) released its advance notice of proposed rulemaking (ANPRM) to control the export of emerging technologies. This ANPRM is extremely important for many industries and companies. Technologies that can currently be shared with basically all countries may
Qualified Opportunity Zones and Select Partnership Issues by Libin Zhang, Esq. The 2017 tax act (Pub. L. No. 115-97) created the new concept of qualified opportunity zones (QOZ), which are low-income census tracts in which certain investments are provided tax benefits. On October 19, 2018, the Treasury Department and the Internal Revenue Service released the
By Perry Bechky and Amiad Kushner* On April 17, 2019, the Trump Administration opened the floodgates to lawsuits against parties “trafficking” in expropriated Cuban property, lifting a suspension of such lawsuits that had been in effect since 1996. It is anticipated that many lawsuits will be filed under the federal law permitting such lawsuits, known
In an extraordinary and well-reasoned decision, on May 6, 2019, a New York court vacated an arbitral award issued by the International Centre For Dispute Resolution based upon fraud. The decision is a significant victory for Dai & Associates client Sorghum Investment Holdings Limited (“Sorghum”), which filed a petition to vacate the award. Sorghum’s petition