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24 May 2018, 9:56 am by Steve Dickinson
 The cash must be sent from China and this payment must be converted from RMB to dollars. [read post]
Companies and individuals who are directly in charge can be fined up to RMB 100,000 (approximately US$15,000) for failure to comply. 5. [read post]
16 Apr 2010, 10:59 am by Elie Mystal
Unbeknownst to ACA at the time, Paulson intended to effectively short the RMBS portfolio it helped select by entering into CDS with GS&Co to buy protection on specific layers of the synthetic CDO’s capital structure. [read post]
4 Jan 2021, 3:58 am by Jonathan Bench
Look for payments in foreign currencies (non-yuan/RMB) to or from Chinese companies or Chinese nationals. [read post]
21 Jun 2007, 9:32 am
Zhongshan Intermediate Court so determined at first instance that 1) the lease contract between the plaintiff and the defendant terminate, 2) Ronghui return all the machine equipment leased from Diamond within three days after the ruling takes effect, 3) the two defendants bear the Case Acceptance Fee, RMB 36,500 Yuan. [read post]
7 Mar 2011, 7:55 pm by Adam Levitin
 They're pretty much best practices, and I wouldn't be surprised if RMBS deals start to incorporate many of these terms going forward. [read post]
15 Aug 2017, 3:58 am by Matthew Dresden
According to Under Armour’s lawyers, on June 19, 2017 the Fujian People’s Higher Court issued an injunction requiring Tingfeilong to stop using the infringing “Uncle Martian” trademarks, destroy all infringing products, pay RMB 2,000,000 in damages, and publish a statement to “eliminate the adverse effect” of its infringement. [read post]
15 Mar 2012, 4:09 am by Stan
This year, we see an emphasis on e-commerce, which has exploded in recent years and now accounts for a healthy percentage of total commercial activities in China, valued last year at roughly RMB 800 billion according to the Ministry of Commerce. [read post]
26 Jan 2015, 1:12 pm
I am happy to pass along the Conference Report of the 9th Annual meeting of the European China Law Studies Association, held last November in Hong Kong. [read post]
26 Dec 2017, 5:19 pm by Eugene Volokh
Jia also claims that Gu was trying to extort money from Jia; according to Jia's Complaint, "In a WeChat post addressing a request by another Chinese businessman to remove false and harassing posts about him, Gu claimed he demanded 1.26 million Chinese RMB (approximately $190,000) to remove his posts" (apparently referring to Gu's posts about Jia). [read post]
14 Aug 2019, 2:00 pm by Rachel Brown, Preston Lim
In a press release, Treasury argued that “Chinese authorities have acknowledged that they have ample control over the RMB exchange rate” and that the “purpose of China’s currency devaluation is to gain an unfair competitive advantage in international trade. [read post]
15 Oct 2019, 10:19 am
Among some of the changes as a result of the fourth amendment are:- maximum statutory damages increases from 1 million to 5 million RMB;- punitive damages against wilful infringement is possible;- shifting the burden of proof on damages to alleged infringer; and- the role of patent administrative departments is strengthened.According to Xuting Huang (patent attorney at ZF Group) the Chinese government is determined to show to the world that China is not in any way underestimating the… [read post]
9 Sep 2016, 5:03 am by Chris Mirasola
The report also said that the Sansha government spent more than 1 billion RMB, over 149 million USD, to improve living conditions and transportation on the islands and atolls under its jurisdiction. [read post]
22 Apr 2013, 1:28 am by Kevin LaCroix
The FDIC states on the professional liability lawsuit page on its website that, other than lawsuits involving the former directors and officers of failed banks, the agency has authorized an additional 51 lawsuits for “fidelity bond, insurance, attorney malpractice, appraiser malpractice, accounting malpractice, and RMBS claims. [read post]
16 Feb 2012, 2:59 am
On December 1, 2011, the Board of Alien Labor Certification Appeals (BALCA) issued a unanimous decision in Matter of Karl Storz Endoscopy-America concerning the timing of recruitment steps during the PERM process. [read post]
25 Jan 2011, 7:24 am by Mandelman
In the debate over whether the mortgage-backed securities of recent years “taste great,” or are “less filling,” it appears that institutional investors and some of the world’s largest insurance companies are now saying that they’re less filling… as in Countrywide and Bank of America neglected to include the mortgage-backed part, and instead sold them empty “securities. [read post]
25 Mar 2009, 7:27 pm
This plan would expand the previously announced TALF program to include non-agency RMBS that were originally rated AAA as well as CMBS and consumer credit asset backed securities ("ABS") that are rated AAA. [read post]