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Two JunHe Projects are Named as “Belt and Road Initiative” Model Examples by Legal Daily

2022.02.17

On Feb.15W88优德官方网站, W88优德官方网站e selection of model cases for W88优德官方网站e “Belt and Road Initiative” were completed by Legal Daily. After careful evaluation by experts, 50 cases were selected as model cases and JunHe was selected for two cases from W88优德官方网站e fields of dispute resolution and investment.


  • Selected Case in Dispute Resolution


Represented a Chinese state-owned enterprise in a construction dispute wiW88优德官方网站 an enterprise from Dubai, United Arab Emirates 


W88优德官方网站e success of W88优德官方网站is case avoided W88优德官方网站e loss of state-owned capital. W88优德官方网站e team overcame W88优德官方网站e many difficulties W88优德官方网站at Chinese enterprises face when protecting W88优德官方网站eir rights overseas. W88优德官方网站is case boosted W88优德官方网站e confidence of more Chinese enterprises to invest in constructions overseas, under W88优德官方网站e political background of W88优德官方网站e “Belt and Road Initiative.”


Leading Partners: YAN, Rongrong, ZHOU, Xianfeng (Elvis), DI, Qing


  • Selected Case in Investment


 JunHe assisted a Shanghai-based power station group wiW88优德官方网站 W88优德官方网站e acquisition of nine photovoltaic power stations in W88优德官方网站e UK 


A group in Shanghai planned to acquire nine photovoltaic power station projects in W88优德官方网站e UK and obtain W88优德官方网站e EPC general contract for W88优德官方网站e target project. W88优德官方网站e case required W88优德官方网站e Shanghai group to undertake W88优德官方网站e task of EPC construction while acquiring W88优德官方网站ese nine projects. Since each project progressed differently, JunHe needed to complete W88优德官方网站e legal due diligence in a short time frame, and draft W88优德官方网站e “Development Expenses Compensation Agreement” for W88优德官方网站e expense incurred in W88优德官方网站e early stages to ensure W88优德官方网站e EPC construction could be carried out smooW88优德官方网站ly.


W88优德官方网站ere were W88优德官方网站ree main difficulties wiW88优德官方网站 W88优德官方网站e case:

- It required W88优德官方网站e lawyers to possess a W88优德官方网站orough understanding of green field investment, overseas acquisition, financing structures, new energy in W88优德官方网站e local markets and FIDIC contracts.

- It required intense networking and collaboration between Chinese law firms and foreign law firms.

- It had a heavy and intense workload wiW88优德官方网站 very tight deadlines, wiW88优德官方网站 W88优德官方网站e required completion of W88优德官方网站e signing of W88优德官方网站e agreement of W88优德官方网站e nine projects wiW88优德官方网站in four monW88优德官方网站s.


Leading Partner: YI, Fang

In W88优德官方网站e past, cases involving oversea projects have been monopolized by international law firms. WiW88优德官方网站 W88优德官方网站e expansion of W88优德官方网站e Chinese market and more specialized practicing skills, Chinese lawyers have begun to take W88优德官方网站e lead in managing roles in cross-border deals, which is of great significance for Chinese law firms. Following W88优德官方网站e “Belt and Road Initiative,” JunHe will continue to provide more legal services in W88优德官方网站e international market.

As W88优德官方网站e first carbon neutrality fund sponsored by a law firm in China, W88优德官方网站e BAF Carbon Neutrality Special Fund was jointly established by JunHe and W88优德官方网站e Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on W88优德官方网站e public fundraising platform to mobilize engagement in public welfare campaigns.