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3Novices:Latest US lawsuit filed against fugitive tycoon Guo Wengui brings total claims to US$5.3 billion

China’s fugitive tycoon Guo Wengui may face additional legal action in the US, bringing total claims being pursued against him in New York State courts by mainland Chinese plaintiffs to about US$5.3 billion.

The latest claim, worth $3.7 billion, will be lodged by Kevin Tung of the law firm Kevin Kerveng Tung PC pending further examination of the plaintiff’s arbitration in Chinese courts, said the attorney, who has filed two other lawsuits since June on behalf of clients trying to…
August 12, 2017 at 03:15AM http://ift.tt/2uwzKFu
#3Novices #News #OnlineMedia #China 3Novices China

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