Coudert jeopardises Orrick
This is a discussion on Coudert jeopardises Orrick within the International Law Issues forum, part of the INTERNATIONAL LAW category; Coudert ghost jeopardises Orrick...
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Coudert ghost jeopardises Orrick
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Orrick Herrington & Sutcliffe's offices in China have come under
threat again after a local court ruled that the firm was liable for defunct firm Coudert Brothers' local liabilities. The problems stem from Orrick's use of the term 'combination' in its successful application to transfer the operating licences for the Beijing and Shanghai offices it acquired from Coudert in 2005. The People's Court of Beijing Chaoyang District in an employment dispute has found that such a description of the deal leaves Orrick liable for Coudert's liabilities in mainland China. The court has ordered Orrick to pay former Coudert associate Yuanming Wang Rmb210,000 ( |
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