New York Partners’ Dispute Over Chinese Asset Liquidation Remanded To State Court

(January 5, 2024, 2:38 PM EST) -- NEW YORK — A New York federal judge remanded to state court a dispute between shareholders of a textiles company over performance of an arbitral award ordering an auction in China of their Chinese assets, holding that removal was improper as the dispute no longer relates to an international arbitration award but instead to state law claims for corporate dissolution....