U.S. law firm Orrick, Herrington & Sutcliffe is fighting a $10 million lawsuit in California over claims that it misled a Hong Kong tribunal when it sought to enforce an arbitration award against a large Chinese real estate developer.
to the lawsuit in San Francisco Superior Court on April 10 that the case was brought too late and that "other parties were negligent or at fault" for any damages.to dismiss the complaint by Hong Kong-based Global Industrial Investment Ltd, a subsidiary of China Fortune Land Development, which is publicly listed on the Shanghai Stock Exchange.in October seeking more than $9.8 million in damages for malicious prosecution and abuse of process.
Orrick said in filings it had lawfully secured confirmation of the award. Global Industrial Investment claims Orrick omitted language in a filing to the Hong Kong court that said the award could not be final while an application to "correct or vacate" the award was pending. The Hong Kong court in 2020 set aside the arbitration order after finding "a deliberate attempt to hide relevant material," according to the plaintiff's court documents.
"The ruling is very, very critical of Orrick and the lawyer from Orrick who signed off," Parker said in an email.
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