Tian Yuan Law Firm’s Chengdu office hosts 10 lawyers and is a boutique firm focused on commercial and construction disputes. Commercial litigator Jie Zhang is a key name in the Chengdu office and is the lead partner on several cases during the research period.
Last year, the firm represented the Sichuan Industrial Revitalization Development Investment Fund in its investment contract dispute with Chengdu Yisheng Technology and its shareholder Xin Liao. In this case, Liao’s wife was successfully required to assume joint liability on the grounds of joint debt while requiring the actual controller to perform the repurchase obligation, and this is rare in the current judicial precedents in China.
In another highlighted matter, the firm represented Chengdu Lesi Real Estate Development Company in handling disputes with 15 shareholders about the company's resolutions to cancel disputes, company dissolution disputes, equity compensation disputes, and more than a dozen series of litigation. In Chinese judicial practice, there are few cases that clarify the nature of equity in joint-stock cooperative enterprises. This case provides a reference for other entities to resolve equity disputes in joint-stock cooperative enterprises.
