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Saturday, 12/01/2012 1:15:45 PM

Saturday, December 01, 2012 1:15:45 PM

Post# of 1622
Wish I was there for this Conference (A-power) Mentioned

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=9&cad=rja&ved=0CG0QFjAI&url=http%3A%2F%2Fplusweb.org%2Ffiles%2FEvents%2FEvolution%2520of%2520DO%2520Ins-%2520China%2520and%2520Asia.pdf&ei=akW6UMCBIoG4yQGB84DICA&usg=AFQjCNERfSDQ6wEQ4kEUJgrfhNUbLrs-rA

Download this .pdf.

Interesting Topics discussed. Trying to find out what they said.

Interesting Topics of settlements and who's winning and losing..

Status of Preliminary Motions

• Survived Initial Dismissal Motion

Duoyuan Global Water
China Automotive Holdings
ZST Digital Networks
China Education Alliance
Orient Paper

• Revived on Appeal: China North East Petroleum (2d Cir., Aug. 8, 2012)
• Dismissed Motion Granted:

– A-Power Energy Generation System Ltd. (without prejudice)
– China Century Dragon Media (without prejudice)

November 7-9, 2012

Procedural Challenges

• Service of Process: Duoyuan Printing
• Discovery: SEC/Deloitte/Longtop Financial
• Class Certification Denied: China Agritech

November 7-9, 2012

Modest Settlements?

Agria Corporation: $3.75 million
Tonxin International: $3 million
Orient Paper: $2 million
China Shenghuo International: $800,000

Compare: Median Securities Class Action Settlement 1996-2010 =
$8.1 million (Cornerstone Research)

November 7-9, 2012

Emerging Exposures with Respect to
Doing Business in China

• Securities Fraud

– Differences and similarities in U.S. and Chinese laws

• Commercial Litigation Risks Generally

– Intellectual property rights
– Regulatory concerns
– Other risks

• Current trends and future outlook


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