AllBright Advises GLP on Dalian-based Investment2014-10-292390
AllBright partner Philip Zhang recently led a team to provide GLP, Inc. with legal services regarding its investment project in Dalian, Liaoning Province. The project involves the establishment of a project company, winning land use rights through public bidding, and converting the project company into a Sino-Foreign joint venture through investment. AllBright’s service included due diligence investigations over the land plot as well as drafting an investment agreement and joint venture corporate charter. The team also helped the client to prepare documents to undergo an anti-monopoly investigation initiated by the Anti-monopoly Bureau of China’s Ministry of Commerce due to market share concentration concerns. The project has since been cleared by the bureau.