Guo Wengui / Miles Guo — bankruptcy case · ECF #644-15
METADATA
- Defendant
- Guo Wengui / Miles Guo / Ho Wan Kwok
- Court
- CTB
- Case No.
- 22-50073
- ECF #
- 644
- Type
- UNKNOWN
- Filed
- 2022-07-29
FULL TEXT
7/26/22, 2:53 PM
Case 22-50073 Doc 644-15 Filed 07/29/22 Entered 07/29/22 13:36:15 Page 1 of 6 CS Finance Merges with COSCO Finance | Paul Hastings LLP
| ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--| | - | | | | - | | | | | | |
PAUL HASTINGS
News
NEWS
# CS Finance Merges with COSCO Finance
March 06, 2018
SHARE បាតា , 的
Hong Kong - Paul Hastings, a leading global law firm, announced today that the firm advised COSCO SHIPPING Development Co., Ltd. ("COSCO SHIPPING Development") on the merger between CS Finance, a nonwholly owned subsidiary of COSCO SHIPPING Development, and COSCO Finance. Hong Kong and Shanghai-listed COSCO SHIPPING Development provides, among other things, vessel chartering and container leasing services.
CS Finance will absorb and merge with COSCO Finance and upon completion, CS Finance will continue as the surviving entity and will be renamed COSCO SHIPPING Finance, while COSCO Finance will cease to exist as a legal entity and will become a branch of the newly named company. The registered capital of COSCO SHIPPING Finance will become US\$422 million. COSCO SHIPPING
#### PAUL HASTINGS
CS Finance, will have a 23.38% interest in COSCO SHIPPING Finance.
The merger involved different legal frameworks and concepts in the PRC and Hong Kong, and was subject to several complex legal issues under the Listing Rules. The Paul Hastings team also took the lead in the negotiations with and submissions to the Hong Kong Stock Exchange.
Paul Hastings previously represented COSCO SHIPPING Development in its proposed non-public issuance of Ashares to not more than 10 specific target subscribers, including COSCO SHIPPING Development's controlling shareholder, China Shipping (Group) Company, raising gross proceeds of up to US\$1.7 billion.
The Paul Hastings team was led by partner Raymond Li, partner and Chair of Greater China, and of counsel Bonnie Kong, with support from associates Matt Li and Andy Tam.
At Paul Hastings, our purpose is clear - to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world's most innovative global law firms.
China's Fosun Group Acquires Brazilian Asset Manager
Case 22-50073 Doc 644-15 Filed 07/29/22 Entered 07/29/22 13:36:15 Page 3 of 6 7/26/22, 2:53 PM
CS Finance Merges with COSCO Finance | Paul Hastings LLP
PAUL HASTINGS
PRACTICE AREAS
Asia
# SIGN UP FOR NEWS INSIGHTS
SUBSCRIBE TO NEWS
## MEDIA CONTACTS
#### SUBMISSION REQUESTS
Corporate, Litigation, Real Estate, and Tax
#### SCOTT WASSERMAN
Email +1 212 318 6525
Intellectual Property, Life
Sciences, and
Employment
BECCA http
CS Finance Merges with COSCO Finance | Paul Hastings LLP
PAUL HASTINGS
+1 212 318 6513
Europe
ROSTRUM
Asia
#### heidi au
+852 2867 9052
Paris
#### KATY FOSTER
+33.1.42.99.04.27
# Get In Touch With 13 CONTACT US
Professionals
## Solutions
http
#### PAUL HASTINGS
Client Alerts
FedAction: Financial Regulatory Updates
International Regulatory Enforcement (PHIRE)
London Litigation
Privacy & Cybersecurity
Practice Area Articles
Rapid Rulemaking: SEC Update
Upcoming Events
COVID-19 Resources
Diversity and Inclusion Insights
Podcasts
### About
News
Press Center
Social Responsibility
Diversity and Inclusion Insights
Recognitions
Consolidated Appropriations Act, 2021(CAA) Machine Readable Files
Locations
Contact Us
Copyright © 2022 Paul Hastings, LLP. All rights reserved.
Sitemap Legal Notices Global Privacy Statement