China Shanshui Cement gains injunction against former managers

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China: China Shanshui Cement has obtained an injunction from the High Court in Hong Kong against its former management from posing as current managers, from entering the premises of, removing assets from or soliciting the employees of Shandong Shanshui. The injunction also prevents Mi Jingtian, Zhao Liping, Li Maohuan and Yu Yuchuan from each removing assets up to the value of US$20.5m from Hong Kong. The legal action follows an ‘illegal’ occupation in early April 2017 of the Jinan properties of its Shandong Shanshui subsidiary, during which representatives of Shanshui Cement were accosted by a hostile crowd.

Last modified on 19 April 2017


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