Chinese Bank Targets Expat Over $209M Awards

By Caroline Simson · February 10, 2026, 6:08 PM EST

A Chinese bank is urging a California federal court to impose an asset freeze on a businessman who has ignored some $209 million in arbitral awards after his company defaulted on...

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Documents

Case Information

Case Title

Industrial Bank Co., Ltd. Shenzhen Branch v. Yuan

Case Number

2:26-cv-01256

Court

California Central

Nature of Suit

Other Statutes: Arbitration

Date Filed

February 06, 2026