Headquartered in Shanghai, Grandall Law Firm is a leading name in commercial dispute resolution, renowned for its expertise in arbitration, banking and finance, equity capital markets, aviation, real estate, competition law, and insurance.
Senior partner Zhengyu Yang is a key partner who specialises in commercial disputes.
Grandall represented Shanghai Jin Feng Wine, a historic enterprise originally established in 1954 as Shanghai First Food Store and restructured into a public company in 1992. The case arose when Xu et al. claimed inherited shareholder rights based on 1992 paper stocks allegedly owned by Xu’s father, asserting that his initial shareholder registration had been omitted. The plaintiffs also named the People’s Bank of China Shanghai Branch, the original listing authority, as a third party. Faced with missing archival records, partner Zhou Zheren and his team meticulously reconstructed the stock’s issuance history, analysing physical attributes, regulatory protocols, and issuance methods. Their efforts successfully disproved the plaintiffs’ claims, leading the court to rule in favour of Jin Feng Wine and reject the inheritance demand.
In a landmark equity transfer dispute valued at Rmb3.4 billion ($466 million), Grandall’s Nanjing office secured a decisive victory for World Group, a leading agricultural machinery company, against Thaihot Group, a former listed real estate firm. The dispute centred on a 2017 agreement requiring Thaihot to pay Rmb3.8 billion for full equity in a real estate project. Amid financial strain and a market downturn, Thaihot halted payments and sought to terminate the agreement. World Group filed suit to enforce a Rmb600 million instalment, while Thaihot countersued to reclaim Rmb2.8 billion already paid. After consolidating the cases, the Supreme People’s Court upheld most of World Group’s claims, rejecting Thaihot’s termination request and affirming the enforceability of the payment obligations.
Grandall’s Hangzhou office represented Hangzhou JinTou Group through a complex Rmb1.1 billion debt restructuring involving Dexin Real Estate and ZheShang Asset. The team resolved a mix of non-litigious negotiations and litigious proceedings, addressing intricate financial and legal challenges to stabilise the client’s position.
The firm defended China Merchants Bank’s Taiyuan branch in a negotiable instruments recourse dispute against Shanxi Property Group. It also represented Guizhou Kaili Rural Commercial Bank in a negotiable instruments financing clash with Hengfeng Bank’s Nantong branch. In another matter, Grandall acted for China Huateng in a circular trade dispute against Shanxi Jianbang Group and Shanxi Tongcai Industry.
The firm’s clients include financial institutions, state-owned enterprises, and multinational corporations, reflecting its broad sectoral influence. Collaborations across its Shanghai, Nanjing and Hangzhou offices, coupled with deep regulatory insights, solidify its reputation as a powerhouse in cross-industry dispute resolution.
