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Chinese Fund, Game Developer Settle $530M Acquisition Suit

ADVERTISEMENT ADVERTISEMENT Chinese Fund, Game Developer Settle $530M Acquisition Suit Law360, London (December 23, 2020, 12:37 PM GMT) -- A Chinese asset manager has settled its lawsuit against a British video game developer seeking to settle whether the U.K. company was sold to a U.S. hedge fund for $530 million even though a freezing order had been imposed in China because of an unpaid loan. Judge Matthew Marsh dismissed China Minsheng Trust Co. Ltd.s High Court lawsuit against Jagex Ltd., ...
United Kingdom Matthew Marsh Jagex Ltd China Minsheng Trust Co High Court China Minsheng Trust
Source: law360.com

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