Shareholders’ right of first refusal, means where the shareholder of a limited liability company intends to sell his/her shares of the company to an outsider, the other shareholders have the prior right to buy such shares under the Equal Conditions. The Judicial Interpretations (IV) further stipulated the followings regarding the right of first refusal:
The Shanghai Municipal Bureau of Justice issued on 13 June 2024 and entered into force on 1 August 2024 the Measures for the Promotion of Ad Hoc Arbitration in Shanghai for Foreign-related Matters in Commercial and Maritime Fields (For Trial Implementation) which refers to Ad Hoc Arbitration Measures in this article. For most people, ad
As a key city in Northern China, Tianjin has successfully attracted significant foreign investment due to its unique geographical location, abundant resources, and supportive legal policies. The latest policies concerning Tianjin, in particular, offer even greater development potential and opportunities for foreign investment in China. I. Recent Policies Create New Opportunities for Foreign Investment II.
In order to implement the requirements of the State Council’s Action Plan for Promoting Large-scale Equipment Renewal and Trade-in of Consumer Goods (Guo Fa [2024] No. 7), the Shanghai Municipal People’s Government released the “Shanghai Action Plan for Promoting Large-scale Equipment Update and Consumer Goods Exchange for New (2024-2027)”(“Action Plan”) on April 30, 2024. According
