Partner Li, Dazhong Won a Landmark Copyright Case against National Ballet of China

Partner Li, Dazhong Won a Landmark Copyright Case against National Ballet of China

In the high profile copyright battle relating to the Chinese legendary ballet ‘The Red Detachment of Women’, Senior Partner Li, Dazhong, Dai, Wei, Wang Changfu of Beijing Offices represented Mr. Liang, Xin, the original playwright ’) and later his widow Yin, Shumin against the National Ballet of China. The case had gone on for six years winding through China’s intellectual property legal system. On May 18, 2015, Beijing Xicheng district people’s court made a civil judgment of first instance on this case. The court of first instance ruled that the National Ballet of China did not pay the performance remuneration of ‘The Red Detachment of Women’ after June 2003, and compensated Mr. Liang, Xin 120,000 yuan, and apologized to him for not signing the play on the official website. Both Mr. Liang...
Long An Joined the Law Firm Panel of China Cinda Asset Management Co., Ltd.

Long An Joined the Law Firm Panel of China Cinda Asset Management Co., Ltd.

Recently, Long An Financial Lawyer team led by Pan, Xiuping, the Senior Partner of Long An, was successfully selected into the China Cinda Lawyer Library by virtue of its professional strength in the financial field and excellent financial performance. The Long An head office and the branch offices will form a strong team of financial lawyers to provide professional legal services to China Cinda and its subsidiaries. In addition to the traditional non-performing asset litigation business, Long An will focus on in-depth cooperation with China Cinda in terms of non-performing asset securitization, non-performing asset structured transactions, major research projects and non-performing asset disposal legislation. The China Banking Law Society, China Cinda and Long An agreed to hold a seminar ...
Long An Joined Law Firm Panel of China Construction Bank

Long An Joined Law Firm Panel of China Construction Bank

After joining the law firm panels of China Minsheng Bank and China CITIC Bank, Long An got on the law firm panel of China Construction Bank’s head office in March 2018. On May 11, 2018, invited by the head office of China Construction Bank, led by Pan, Xiuping, the secretary general of China Banking Law Society and the director of Long An Finance Commission, the financial lawyer team composed by Wan, Yingjun, the senior partner of Long An , Jing, Yuan, the senior partner of Long An, Zhao, Tianbo and Dang, Jieru, the partners of Long An went to CCB to discuss with the Legal Department on the cooperation after entering into the Lawyer’s Library. Long An lawyer team introduced the strengths and advantages of Long An’s financial business to CCB. The two sides agreed to cooperate in loan projec...
Shanghai Offices Advised Yiwu SOE on RMB 5 billion Corporate Bond Issuance

Shanghai Offices Advised Yiwu SOE on RMB 5 billion Corporate Bond Issuance

Recently, Yiwu State-owned Capital Operation Co., Ltd.’ s 2018 non-public corporate bond was successfully issued on April 12, 2018. The issuance scale of the current period is 5 billion yuan, which is divided into two types. The first type is five-year fixed interest bond, with the issuer’s option to adjust the coupon rate at the end of the second year and the investor’s option to request to sell back at the end of the fourth year. The second is a five-year fixed interest bond with an issuer option to adjust coupon rate at the end of the third year and an investor option to request to sell back. The Bond Credit Rating is AA+, and the lead underwriter is China Securities Co., Ltd. This offering set a record for the largest single offering of the same level in one and a half years. The issue...
Long An assisted Tianbao Manpower to List on the New OTC

Long An assisted Tianbao Manpower to List on the New OTC

On April 11, 2018, the National Small and Medium Enterprise Share Transfer System Co., Ltd. issued the “Share Transfer System Letter [2018] No. 1245” “A Letter on Agreeing the Listing of Tianjin Tianbao Human Resources Co., Ltd. in the National SME Share Transfer System”. Tianjin Tianbao Human Resources Co., Ltd. (stock abbreviation: Tianbao Manpower; stock code: 872779) is a state-owned enterprise under the Tianjin Free Trade Zone Group, mainly engaged in personnel file management, professional skills training, professional skills certification and other services. Since the team lawyers of Pan, Xiuping took over the project, it took two years to solve the key legal problems and finally made the Tianbao manpower list successful. The most critical step in this project is to solve the proble...
Long An Won the ALB Annual Labor and Employment Law Firm Award

Long An Won the ALB Annual Labor and Employment Law Firm Award

On March 15, 2018, the Asian Legal Business published the shortlist of the ALB China Law Award, and the Long An Labor Law Professional Group was awarded the annual Labor and Employment Law Firm Award in succession. Asian Legal Business (ALB) is a well-known legal magazine owned by Thomson Reuters and one of the most influential legal media in the world. The ALB China Law Award aims to recognize leading law firms and excellent corporate legal teams, as well as outstanding transaction cases in the past year. It is an annual award that attracts much attention from the Chinese legal profession. The Labor Law Professional Committee is set up in Long An, aiming at integrating the labor law service resources in Long An, forming a platform for internal sharing and exchange, dividing the work toget...
Long An Is Retained as Counsel of CITIC Bank Head Offices

Long An Is Retained as Counsel of CITIC Bank Head Offices

Recently, CITIC Bank Head Office hired Long An Law Firm, Beijing Offices as the perennial legal consultant for a two-year term. The relevant person in charge of CITIC Bank Head Office and Zhao, Tianbo, the partner of Long An signed the cooperation agreement on behalf of each party. CITIC Bank is the largest subsidiary of CITIC Group. Founded in 1987, CITIC Bank is one of the earliest emerging commercial banks in China’s reform and opening-up, and it is the first commercial bank in China to participate in domestic and international financial market financing. At present, CITIC Bank’s total assets are nearly RMB 6 trillion, and it has become an international financial institution with strong capital strength, strong comprehensive competitiveness and brand influence. The competition for the c...
Long An successfully defended SOE in a criminal case involving land use

Long An successfully defended SOE in a criminal case involving land use

Recently, Senior Attorney, Li Rui, Lin Lei and Dong Rui were entrusted by a Shanghai state-owned enterprise to represent their Manager – Mr Yuan who was accused of illegally occupying agricultural land. According to the judicial process, this case was been transferred to the procuratorate of the city by the Jinning Forest Public Security Bureau of Yunnan Province, and our defense team successfully defended Mr Yuan. The Jinning Forest Public Security Bureau accused that during Mr Yuan did not obtain the approval of the forestry authorities, and rented the local villagers’ forest land to carry out the earthwork construction work and caused the forest land to be destroyed during 2015 to 2016. After reviewing the case information and consulting the relevant files, Our defense team submitted an...
Shenzhen Offices Effectively Defended Clients in An Illegal Fund-raising Criminal Case

Shenzhen Offices Effectively Defended Clients in An Illegal Fund-raising Criminal Case

Fang, Jun and Lai, Guanneng of Shenzhen Offices defended Lee in a criminal case at the Shenzhen Nanshan district people’s court, where the defendant Lee was found guilty of illegally absorbing public deposits, and sentenced to two years and six months in prison. The defense work was highly effective as it led to much reduced charges and sentencing. This case is an associated case of an illegal fund-raising case of Shenzhen Financing City. In 2016, Shenzhen Financing City Network Service Center Co., Ltd. (hereinafter referred to as “Financing City”) was suspected of illegal fund-raising crimes and was investigated by public security organ, and 29 suspects were detained. After more than half a year of investigation and evidence collection by the public security organ, it was found that the f...
Long An Shenzhen provided PRC legal opinion for Foxconn bond issuance

Long An Shenzhen provided PRC legal opinion for Foxconn bond issuance

On November 6, 2017, Foxconn Hon Hai Precision Industry Co., Ltd. issued US $500,000,000 overseas convertible corporate bonds on the SGX-ST. The bonds will mature on November 6, 2022, with rate of 0%. Founded in 1974, Foxconn Technology Group has achieved remarkable international milestones. The Group has pioneered a holistic digital solution for the 3C industries. As a leading technological solution provider, the Group has fully leveraged its expertise in software and hardware to integrate its unique manufacturing prowess with emerging technologies. Bank of America Merrill Lynch, Citigroup, and HSBC acted as the Joint Global Coordinators and Joint Bookrunners for this offering. As the Chinese legal counsel of Foxconn / Hon Hai Group, lawyers were responsible for legal due diligence and le...