Conciliation Proceedings in Corporate Disputes

Where the articles of association require an attempt to conduct conciliation proceedings before an action is brought, an action filed without such an attempt must be dismissed as inadmissible for the time being. Nor does admissibility revive if the conciliation proceedings are conducted before the close of the final oral hearing on the facts. The […]
Resale Price Maintenance in Contract Drafting in China

Last year, in 2013, the National Development and Reform Commission of the People’s Republic of China (NDRC) and the local pricing authorities of the affected provinces of Sichuan and Guizhou imposed unusually high fines, within a very short period of time, on two of the best-known state-owned enterprises, the spirits producers Maotai and Wuliangye, amounting […]