DeHeng Lawyers Assisted the Controlling Shareholder of a NASDAQ-Listed Company in Achieving Victory in US Federal Court

2024-09-19

Recently, Judge Hon. Madeline C. Arleo of the United States District Court for the District of New Jersey issued a significant ruling in a cross-border commercial dispute, completely dismissing the plaintiff’s claims and dismissing the case with prejudice. This marks the end of litigation that lasted over three years, with DeHeng lawyers successfully assisting Mr. C, the controlling shareholder of a NASDAQ-listed company, in achieving victory. 

The case involved complex circumstances, including Chinese and American parties, an offshore limited liability company, and other foreign entities. The dispute covered multiple aspects and stages of the involved company, such as its establishment, investment, lending, and exit. The difficulty of reconstructing the case facts and the high cost of evidence collection posed significant challenges. Dissatisfied with the defense work of his former US lawyers, Mr. C subsequently engaged DeHeng Law Offices with the case.

DeHeng quickly assembled a team of both Chinese and American lawyers to take over the case. During the cross-examination phase, they successfully obtained crucial testimony favorable to the defendant, prompting Plaintiff A to withdraw from the litigation. Plaintiff B, however, amended the complaint and continued the lawsuit. In response to the revised complaint, DeHeng lawyers constructed a comprehensive defense strategy, repeatedly pointing out the flaws in the plaintiff’s legal theories.

After multiple hearings and conferences, the US court ultimately dismissed the plaintiff’s entire claim and dismissed the case with prejudice. Throughout the over three-year litigation, the DeHeng team overcame numerous difficulties, steadfastly safeguarding the client’s legitimate interests and ultimately achieving victory.