Recently, we successfully dealt with one equity transfer case. Party A and Party B signed a Cooperation Agreement after friendly negotiation, whereas, Party A purchases 90% of Party B’s shares. Afterwards, Party A and Party B signed the equity transfer agreement based on the Corporation Agreement. Later Party B, as the claimant, applied to arbitration for terminating the Cooperation agreement and the equity transfer agreement.
We, hired by the Respondent, investigated into the facts and collected evidence accordingly. We also participated in the fact investigation and debate of the arbitration, provided our legal opinion on the legal issue and facts of the case to the tribunal. The tribunal found that Party B and Party A’S equity transfer agreement did not violate the law, and that both parties went through the legal procedure. Therefore, there is no supporting ground for the termination. Eventually, the award did not support Party B’s claim.