Analysis of PRC legal issues drawn from practical experience, together with longer evergreen guides for readers new to a subject. Written for businesses in Hunan and international clients. Each piece is general information and not legal advice.
Removing a director in China takes a simple majority and no cause. The failed campaign at STAR Market-listed Allgens Medical (688613) shows why the statute is the easy part — and where board fights are actually decided.
Both parties acknowledged the debt and signed a settlement — yet the court refused judicial confirmation, because the RMB 1 million cash portion lacked contemporaneous evidence. Under PRC law, agreement is not proof.
Death does not transfer control. It removes the only person who could explain the arrangement — and hands the problem to people who have never seen the documents.
For most privately owned PE managers who built their business outside Beijing, Shanghai and Shenzhen, the traditional model is dead. They raised on an IPO exit that no longer exists, and they lack the LP base, the deal flow and the secondary market access that let first-tier institutions simply wait. What remains is a book of distressed positions already being administered — and the only real decision is whether that work is booked as failure or rebuilt as a special-asset management practice.
Part A of a three-part series on acquiring a China data center: why these are deals for scarce, regulated rights rather than real estate, and how the operating license and foreign-investment access decide whether the transaction can happen at all.
Part B of the series: five infrastructure risks a standard document review misses in China data center deals — internet resources (IP/ASN/BGP), carrier agreements, land and fire safety, energy quota and power capacity, and change-of-control in customer contracts.
Part C of the series: the risks that surface in the numbers and the org chart — cybersecurity and data-protection exposure, equipment financing leases, change-of-control in financing documents, and retaining the key operations team after closing.