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Law360: Chinese Tycoon's Creditor Wants His 'Sham' Ch. 11 TossedOctober 17, 2019
O’Melveny is representing Jia Yueting, a Chinese tech tycoon, against a Shanghai-based company seeking to enforce a US$11 million arbitral award against him. In a statement from Pachulski Stang Ziehl & Jones and O’Melveny & Myers to Law360, the firms assert SLC has “a long-running scheme to employ false allegations and mischaracterizations” about him. SLC appears to believe that by bullying Mr. Jia, it can ‘jump to the front of the line’ to obtain a recovery ahead of — and at the expense of — all other creditors".
O’Melveny partner Suzzanne Uhland and counsel Diana M. Perez are representing Jia Yueting.