www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Top Stories

BOC weighs options after court ruling

By Li Xiang in Beijing | China Daily USA | Updated: 2015-12-03 11:56

Bank of China Ltd is seeking to appeal against a United States court order that imposes $50,000 daily fine on it for withholding information, its legal advisers said on Wednesday.

The State-owned lender was held in contempt by a US court for refusing to provide account details of Chinese customers accused of selling counterfeit luxury goods. The US court said the daily fines would be imposed from next Tuesday, unless BOC complies with the subpoena request for client information.

BOC has been involved in the legal dispute that stemmed from a case in 2010. Gucci, the luxury brand of Paris-based Kering SA, sued owners and operators of a Chinese website for trademark infringement, online sales of imitation handbags and other items.

The bank, which is not a defendant in the Gucci case, has claimed that it has been caught in between the conflicts of the legal systems of China and the US.

Jiang Ying, a lawyer at Allen & Overy, the law firm representing BOC, said that the fine is "unfair" for the bank, which is "innocently involved" in the case and it would put the bank in a dilemma of violating Chinese laws if it has to comply with the US laws.

The incident underscored the growing legal disputes facing Chinese financial institutions in the US under the controversial Long-Arm Statue, a legal provision that allows US courts to exercise jurisdiction over foreign entities, provided that the prospective defendant has sufficient minimum contacts with the US, legal experts said.

Jiang said that the involved parties should be able to invoke the multilateral Hague Evidence Convention to resolve the dispute. The Hague procedure enables the plaintiff to obtain evidence, including bank account information, under the Chinese legal procedures.

Had Gucci opted to use the Hague Convention, they would have obtained the information they seek long before now, Jiang said.

Gucci also has the option to sue the defendants in China and obtain Chinese court's assistance in obtaining information and freezing accounts.

Jiang said that she is aware of at least three cases where the counsel representing Gucci successfully used Chinese courts to do so in recent years.

While it is hard to guess whether BOC will win its appeal, Jiang said the case will far reaching impact on Chinese companies and all foreign businesses in the US affected by the long-arm jurisdiction.

"If the court ruling goes against the bank, Chinese companies may become more cautious or even less willing to invest, set up offices or list their shares in the US," said Shi Jinjuan, a partner of law firm Dacheng Dentons in Shanghai.

lixiang@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久经典免费视频 | 亚洲国产一区二区三区综合片 | 久久国内精品自在自线软件 | 女人aaaaa片一级一毛片 | 成人伊人青草久久综合网 | 欧美激情成人网 | 亚洲精品一区二区三区不卡 | 91精品久久久久久久久网影视 | 欧美成人3d动漫专区 | 欧美综合另类 | 男女视频免费网站 | 日本一级大黄毛片免费基地 | 亚洲欧美日韩久久精品第一区 | 久草在线视频免费看 | 国产男女免费完整视频 | 免费aⅴ片 | 日本一区二区高清免费不卡 | 九九精品激情在线视频 | 免费永久在线观看黄网 | 日韩一级欧美一级一级国产 | 亚洲 欧美 日韩在线 | 日韩一区二区在线播放 | 日本波多野结衣在线 | 亚洲精品高清国产一线久久97 | 99精品在线看| 欧美aaaaaabbbbb | 草草影院ccyycom浮力影院 | 亚洲精品美女 | 国产老鸭窝毛片一区二区 | 欧美 日韩 国产 成人 在线观看 | 香蕉网影院在线观看免费 | 未成人做爰视频www 窝窝午夜精品一区二区 | 中国女人毛茸茸免费视频 | 欧美成在线 | 亚洲一区二区三区精品影院 | 亚洲人成亚洲人成在线观看 | 毛片视频免费观看 | 女人张开腿让男人插 | 亚洲一区二区三区免费视频 | 一级毛片免费播放视频 | 国产精品hd免费观看 |