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krystalxu

Chinese Fugitive Tycoon Guo Wengui Beats Hedge Fund In U.S. Court As $88 Million Lawsui... - 1 views

www.forbes.com/...t-as-88-million-lawsuit-tossed

politics guowengui china US lawsuit crisis economics

shared by krystalxu on 03 Oct 17 - No Cached
  • With Chinese fugitive tycoon Guo Wengui living in a $78 million apartment in Manhattan,
  • Judge Barry Ostrager tossed the lawsuit that had been filed in Manhattan’s New York state court by a Hong Kong-based hedge fund against Guo,
  • The Interpol notice was made on the request of China, which is seeking to detain Guo for charges linked to corruption.
  • ...2 more annotations...
  • like those filed by the mysterious HNA Group conglomerate and prominent Chinese journalist Hu Shuli.
  • Judge Eileen Bransten dismissed that case, saying a New York court was an inappropriate forum for an investment that was negotiated and took place in Hong Kong.
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