Jingtian & Gongcheng

China

Review

Dispute resolution

Jingtian & Gongcheng’s well-established dispute resolution team houses a sizeable team of experienced counsels and litigators. It is highly regarded for its expertise in handling corporate, regulatory, securities, intellectual property and insolvency disputes. State-owned enterprises, financial institutions and foreign corporations often instruct the firm for complex international arbitration matters.

Chungang Dong is a notable contact for commercial and arbitration work. Other key names include IP specialist Ye Zhao and government and regulatory practitioner Siyuan Liu.

In a notable general commercial dispute, the firm achieved success by representing China High-Speed Railway Technology in initiating arbitration proceedings against Henan Province Luozhou Border Highway at the China International Economic and Trade Arbitration Commission. The amount involved in this case is substantial, reaching up to Rmb1.6 billion ($221 million).

In the area of government and regulatory matters, the firm successfully achieved the dismissal for Zhong De Securities in a securities fraud litigation stemming from significant disclosure violations committed by Leshi Internet Information and Technology Corp Beijing. The firm also represented Zhong De Securities in administrative investigation procedures related to the case. The financial fraud conducted by Leshi spanned a period of 10 consecutive years, making the case exceptionally complex and profound compared to similar cases. The disputed amount involved in this case is the highest among all securities litigations. Moreover, this case holds great significance as it marks the first case accepted by the Beijing Financial Court under the representative litigation procedure, as well as the first representative litigation case in China that issued two rounds of notices for investor registration. The case involves various intricate and cutting-edge legal issues, including the boundaries of a sponsor's due diligence liability in non-public offerings and the allocation of liability among different intermediaries. The firm's successful landmark dismissal for the client sets an important precedent and is expected to provide valuable insights for future cases involving the allocation of liabilities among different intermediaries in securities litigation.

The firm’s litigation clients include Beijing Shixin Holding, CECEP (Tianjin) Financial Leasing, Harvest Capital, Home World Asset Management, Honfang Culture, Tebon Securities and Xiangcai Securities.

In 2023, the firm welcomed several new partners: Pengcheng Sun, Xianfeng Zhang, Tian Sun, Yanping Nie, Ganlin Lin, Yi Xu, Lei Guo and Bei Wang.