Search results with tag "No recourse"

Chinese Companies Listed on Major U.S. Stock Exchanges

law means U.S. investors could have no recourse to enforcement in the Chinese legal system if VIE-listed companies take the company private at lower valuationvii or if the businesses fail. According to Steve Dickinson and Dan Harris, co-authors of the China Law Blog and attorneys focusing on Chinese law, there is an additional risk related to VIEs.

  Companies, Chinese, Resource, Major, Listed, Chinese companies listed on major, No recourse