Guiding Case No. 8: Lin Fangqing v. Changshu Kailai Industry Co., Ltd. and Dai Xiaoming
A shareholder meeting the statutory threshold may seek judicial dissolution when management deadlock seriously harms shareholder interests and alternative remedies are inadequate.
Holding
A shareholder meeting the statutory threshold may seek judicial dissolution when management deadlock seriously harms shareholder interests and alternative remedies are inadequate.
Issues
corporate deadlockjudicial dissolutionalternative remedies