Chinese Movie Theater Co. Must Pay $457M Award, Court Says

By Caleb Symons (September 28, 2022, 9:46 PM EDT) -- A federal judge in Manhattan said the owner of a Chinese movie theater company must dole out more than $457 million to three investors that say they were burned in a failed IPO, rejecting a slew of objections, including a fraud allegation, that he claimed should nullify the arbitral award....

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