DeHeng Successfully Represented Client in Series of Project Transfer Contract Disputes, Recovering Hundreds of Millions in Losses

2025-07-01

DeHeng lawyers recently secured a favorable outcome for a client when a provincial high court issued a second-instance judgment, dismissing the appeal filed by the opposing party and upholding the original ruling. Following the effective date of the second-instance judgment, DeHeng lawyers engaged in multiple rounds of communication and coordination with the opposing party, successfully prompting both sides to swiftly reach an enforcement settlement. The opposing party promptly fulfilled all obligations stipulated in the judgment, resulting in the recovery of hundreds of millions of yuan in losses for the client.

This case represents another significant real estate project transfer dispute handled by DeHeng lawyers. The project, located in a prime area with high value, involved a transfer contract signed before the implementation of the Measures for the Supervision and Administration of Transactions of State-Owned Assets of Enterprises (commonly known as “Order No.32”) jointly issued by the Ministry of Finance and the State-owned Assets Supervision and Administration Commission of the State Council. The enactment and implementation of Order No.32 prevented the project from being directly transferred to DeHeng’s client as stipulated in the original agreement, leading to a dispute between the cooperating parties. Consequently, the case involved complex issues such as the transfer methods for state-owned real estate projects and the consequences of contract termination, including the determination of the reasons for termination, the recovery of investment funds, the compensation items and standards for investment costs, and the distribution of land appreciation income.