Calif. Hotels Give Chinese Bank Path To $209M In Awards

By Joyce Hanson · October 9, 2026, 8:49 PM EDT

A California federal judge has refused to dismiss a Chinese bank's lawsuit seeking to enforce about $209 million in arbitral awards against a businessperson, ruling that hotels he bought in the...

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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