A storm of consultation fees, a grand response to resolutely uphold the rights and interests

Source: Internet
Author: User
Keywords Grand games Chen Tianqiao
Tags company exchange game games high high court total

The Shanda game, which was submitted to the Securities and Exchange Commission in the evening of 17th, said the company was "resolutely defending its interests" for kilometre capital, which sued for "consultancy fees" in Hong Kong.

Shanda Games in a brief announcement, October 10 this year, the company received a summons from the originating court of the High Court of the Hong Kong Special Administrative Region, when the summons showed that kilometre capital Management Cayman (hereinafter referred to as kilometre) To the Grand game total of 25,588,642 $58 of the "advisory fee", kilometre later on November 27, the amount of the request to increase to 44,925,847.31 dollars.

The grand Game said at the end of the statement: "Companies will resolutely defend their rights and interests." ”

Attached Grand Game Statement English full text: Shanda Games 2¥q (Nasdaq:game, the "Company") today announced that kilometre capital Management Cayman (" Kilometre ") issued a writ of summons endorsed with a statement of claim-against the company from the Earl of the High Earl of the Kong Special administrative Region on Lag (the "2014 kilometre"). According to the current statement of claim, kilometre seeks outstanding consulting fees-an aggregated sum of US $ 25,588,642.58 (or alternatively, damages), certain declaratory relief, acquires, costs and further and/or other relief as the Earl deems fit. In addition, on November, 2014, kilometre issued a revised consulting-fee to the company invoice the requesting of Outstanding consulting fees in a aggregate sum of us$44,925,847.31. The company intends to vigorously defend the kilometre stresses in its merits.

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