Case Summary
A Taiwanese enterprise established a joint venture in mainland China and operated with its local partner for several years. Due to a significant increase in the company's profits, the local shareholder refused to distribute profits according to the agreed proportion outlined in the articles of association and attempted to transfer company assets through related-party transactions. After multiple failed negotiations, the Taiwanese enterprise initiated arbitration based on the arbitration clause in the joint venture contract.
Key Dispute
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Case Strategy
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Processing Result
The arbitration tribunal granted all of the Taiwan-invested enterprise's claims, ordering the mainland shareholder to pay the distributable profits and liquidated damages totaling RMB 860 million, and to rectify the non-compliant related-party transactions. The parties' legitimate rights and interests were fully protected.