2nd Circuit Reverses Dismissal in Favor of Chinese E-Commerce Giant on Forum Grounds

Sam Lieberman (Partner) was quoted in an article on Law.com discussing the importance of a reversal of the 2018 litigation victory for Chinese e-commerce company Dangdang. The plaintiffs were represented by a Sadis appeal team led by Mr. Lieberman and including Ben Hutman (Associate).

On the reversal, Mr. Lieberman said, “The decision is important to ensuring that foreign issuers who exclusively list their stock on U.S. exchanges are held accountable in U.S. courts,” he said. It’s important to the stability of U.S. markets that all issuers who exclusively list their stock here can be held to account for their actions in U.S. courts to enforce their duties to investors in U.S. markets.”

(Photo: Jin Lee/Bloomberg)

(Photo: Jin Lee/Bloomberg)