October 09, 2026
A California federal judge has refused to dismiss a Chinese bank's lawsuit seeking to enforce about $209 million in arbitral awards against a businessperson, ruling that hotels he bought in the state give the court jurisdiction over the case even though he doesn't live in the U.S.
February 10, 2026
A Chinese bank is urging a California federal court to impose an asset freeze on a businessman who has ignored some $209 million in arbitral awards after his company defaulted on loans aimed at funding an urban renewal project in southeastern China.