Chinese lawyers are on the lookout for opportunities to sue foreign companies at a time when litigation is on the increase in China, according to one U.S. lawyer.
Writing in his ChinaLawBlog, Dan Harris of Seattle law firm Harris & Moure warned foreign companies that China’s crackdown on corruption, particularly against foreigners, was real and would not go away.
Mr Harris said that so long as Xi Jingping was president, the pressure against corruption would remain.
“On top of this, many Chinese lawyers have become aware of the rewards offered to whistleblowers by the U.S. Department of Justice and the SEC and they are hustling for clients. Are you confident that none of your employees will turn you in for a multi-million dollar reward?”
Harris also warned foreign companies that if they fire or lay off Chinese employees without first getting a signed settlement from them, which actually works, their chances of being sued are great.
Source: ChinaLawBlog
