Chinese Garment Co. Fights Fraud Claims In $20M Row
By Suzanne Monyak (May 31, 2019, 3:53 PM EDT) -- A Hong Kong garment wholesaler for a who's who of international retail stores is hitting back against claims it owes a California logistics company millions under a pair of contracts, the latest barb between the two business partners over $20 million worth of goods that have been allegedly held "hostage" in warehouses.
A Chinese manufacturer tied to retailers like TopShop, Urban Outfitters, Guess, Nordstrom and Bloomingdale's, Star Ace Asia Ltd. asked the California federal court on Thursday to strike down Los Angeles County-based Longyuan Forwarding Inc. and its Chinese affiliate's counterclaims alleging that Star Ace now owes the logistics company more...
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