For the 31 workers reached a settlement with Mr Obama, Reuters thinks the settlement case United States investment review enhancement requests. Network information
By buying United States 31 caused by wind power project near the naval base in case of heavy industry versus Obama, finally got the final results. The core of the case, is known as the United States national security, as well as the Presidential Decree on procedural justice.
United States local time on November 4, the Group of 31 affiliated companies in the United States rolls (Ralls Corp.) announced that the United States Government official to buy Oregon four United States wind energy project legal dispute to reach a comprehensive settlement.
Rawls withdrew President Obama and United States Committee on foreign investment (CFIUS) litigation, United States Government also dropped against Rawls litigation to enforce the Decree.
After the results were announced, 31 heavy industry (600031. SH) Chief Executive Xiang wenbo said in a media interview, "to reach a comprehensive settlement, mark 31 United States prosecution of President Obama, and the United States made a perfect ending of the foreign investment Committee, or outright victories. The judgment order, in fact, notes, first of all, 31 heavy industry in the United States this investment does not damage United States national security. In addition, 31 in the United States the legitimate rights and interests are effectively protected. In addition, this decision also for 31 wind power in the United States the development of swept away obstacles. "
31 group with Barack Obama, United States Government dispute began in April 2012. At that time, Rawls from Greece power grid Terna US, the acquisition of United States Navy Oregon Butter Creek wind power project near military bases, and has achieved all approvals and permits for the construction of the project. To this end, 31 heavy industry has invested $ 13 million.
But just two months-June 2012, 31 heavy industry received CFIUS requirements need hearings on the wind project.
After the hearing, on July 25, 2012, Rawls received the CFIUS's first temporary ban to "suspected of threatening national security" for the requirements related to wind power project shut down immediately.
On August 2 of that year, 31 heavy receipt of a second temporary ban on CFIUS, prohibits any transfer of the project and CFIUS says it has no proscribed items to the compensation mechanism.
Since then, 31 heavy industries and United States Government disputes between the prelude to open. On September 12, 2012, rolls in the United States Federal District Court of the District of Columbia sued to CFIUS.
Fast-moving. On September 28 of that year, United States President Barack Obama issued a presidential decree, supported the CFIUS decisions, on suspicion of threat to United States security grounds, to stop the wind farm wind power project. On October 1, rolls to the United States Federal District Court of the District of Columbia to submit updated amended lawsuit, additional United States President Barack Obama accused United States President together with CFIUS to the dock.
On October 9, 2013, the United States Federal District Court of the District of Columbia sued Obama to make judgments of first instance Rawls, dismissed 31 heavy violation of procedural justice by presidential decree issued by President Barack Obama's claim. 31 heavy loses.
On July 15, 2014, the United States federal appeals court panels, Rawls again prosecuted case of CFIUS and Obama make a decision. The Court held that Obama issued the ban on rolls of butter Creek wind project in Oregon Presidential Decree violated procedural justice. 31 heavy WINS in the second instance.
"While the litigation process is long, but I think, and the results are very satisfactory. It should be said, not only for 31 in the United States cleared obstacles to development, but also for Chinese companies and global companies in the United States investments, legal rights and offers a pretty standard case. Chinese enterprises ' internationalization internationalization of international thinking and methods should be used to deal with various problems faced by the internationalization process, especially in the United States, Chinese enterprises should boldly take up legal weapons to safeguard their rights and interests. "Xiang wenbo said.
In addition to 31 heavy industry, companies such as Huawei and ZTE have hit in overseas acquisition process. For the 31 workers reached a settlement with Mr Obama, Reuters believe that United States number of acquisitions of China to the United States in recent years to review the highest proportion the settlement case, the United States investment review enhancement requests. Apple released four new products, mainland China
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