January 2024

Worcester County Superior Court has awarded our plaintiff client a lien of $1.1 million on the defendant's real property. Plaintiff shareholder sued defendant for failure to pay for the shares to be transferred to defendant in breach of a share transfer agreement. To learn details of the case, Click here (Case # 2385CV01384).

Middlesex County Superior Court has granted our client plaintiff an attachment/lien of $77,000 in defendant's bank account on an allegation of breach of contract and fraudulent sale of a purported vase of Qing Dynasty. To learn details of the case, Click here (Case # 2381CV03447).

Federal District Court, District of Massachusetts, has granted our client plaintiff a Motion to Amend the Complaint by adding five companies affiliated with defendants as trustee defendants. Plaintiff a leading cabinet manufacturer in Suzhou, China alleged $6.7 million payment of product owed by defendant a kitchen cabinet distributor in Massachusetts.

New Law Clerk Joins Lion's Law

Ms. Jing Liu has recently joined Lion's Law as a Law Clerk. She is equipped with over a decade of corporate and litigation experience in business, employment, arbitration, litigation and intellectual property law from China. She conducts client intake, assists attorneys to draft, review and amend various contracts and corporate documents, as well as handles dispute resolution.

She graduated with an L.L.M., from Northeastern University School of Law. While in law school, she interned at Massachusetts Land Court for the Honorable Judge Rubin. She also has an L.L.B. from China Central Radio ＆ TV University. She played baseball at Northeastern and enjoys reading and various types of workout.

She can be reached by direct office line 617-765-6004 and email to jing.liu@lionslawgroup.com. To learn more about her, click here.

Company Beneficial Owner Federal Disclosure Requirement - Affecting Almost All Companies in the U.S.

Starting January 1, 2024, all companies, with limited exemptions, incorporated and will incorporate in the United States are required to report their Beneficial Ownership Information (BOI) with a US federal agency, Financial Crimes Enforcement Network of United States Department of Treasurer (FINCEN) . The definition of Beneficial Owner is broader than shareholders. If your company's shareholder is another company or a combination of companies and natural persons, or the next layer of shareholders are the similar structure, whether US domestic or foreign, you will most likely need legal assistance to determine who are BOI that need to be reported. Violation of this mandatory disclosure has civil and criminal consequences. If you would like to learn more about this regulation and the service that Lion's Law can provide to your company, click here to read the article, or you may directly contact Jing Liu by email jing.liu@lionslawgroup.com.

在美国注册或者即将注册的所有公司（除了有限的豁免的公司）将会被要求向美国财务部下属的金融犯罪执法网络机构提交其“受益所有权人”的信息。“受益所有权人”的定义比”股东“更为广泛。如果贵司的股东是另一家公司或者公司和自然人的混合，或者这家股东公司的上一层有相似的股东结构，不管是美国国内或者美国国外，您很有可能需要我们的专业帮助。违反该法规有民事和刑事的责任。了解法规详情以及LION'S LAW能为贵司提供的服务，请点击【文章】或者直接联系刘静邮箱: jing.liu@lionslawgroup.com。

Upcoming Cross-border IP and Compliance Seminar Series

We are delighted to extend a warm invitation to you to participate in our exclusive zoom seminars each month starting late February throughout May. These seminars will be centered on exchanges of intellectual property and compliance developments from the United States and China. If you manage or involve with business activities and corporate transactions across the two countries, particularly in life science and drug development field, you are encouraged to join. Click HERE to save your spot.

Past Seminar Videos

Click here to watch Lion's Law Immigration Partner Le Ye speeches on EB-1A and EB-2 NIW, EB-5 and H-1B, L-1 and Other Employment Based Visas.

Interested in Startup in China? Click here to watch Entrepreneurship Serials.