Recently, LegalOne, an internationally renowned rating agency for commercial transactions and dispute resolution projects, announced its "LegalOne Merits" awards. The RMB 230 million share transfer contract dispute case represented by Ai Xing, partner of Globe-Law Law Firm's Yige Team, was successfully listed and awarded the "Remarkable" rating by LegalOne Merits.

Case Summary

A real estate group (Company A) and Company B entered into a share transfer contract for a Hong Kong-listed bank worth RMB 230 million. After payment was made, the parties subsequently signed an agreement containing provisions resembling a shareholding arrangement. When Company C enforced against the shares held in Company A's name, Company B filed a lawsuit demanding the return of the RMB 230 million shares after its enforcement objection was rejected.

The complexity of this case lay in the subsequent agreement's shareholding provisions and the fact that Company A's original counsel had acknowledged the shareholding relationship during initial proceedings.

As Company A's counsel, Partner Ai Xing recalibrated the litigation strategy upon taking over the case. By focusing on procedural arguments - including the failure to file an enforcement objection lawsuit after rejection and the invalidity of shareholding arrangements for listed companies - both positions were adopted by the collegial panel, ultimately securing a favorable judgment.

This recognition solidly demonstrates Globe-Law's professional capabilities and outstanding market performance in dispute resolution. It further inspires our lawyers to pursue excellence and create greater value for clients through sophisticated legal expertise.