4th Circuit Affirms Judgments Confirming $3.6M Awards In Chinese Real Estate Row

Mealey's ( June 28, 2024, 1:54 PM EDT) -- RICHMOND, Va. — The Fourth Circuit U.S. Court of Appeals on June 27 affirmed a federal court’s $3.6 million judgment enforcing arbitral awards against a real estate investor in Maryland after finding that the forum was proper and the judgment won’t cause conflict with Chinese currency control laws and in a separate ruling denied the investor’s motion to vacate the monetary award....

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