Repurchase under the VAM (valuation adjustment mechanism) is a common arrangement in private equity investments. However, when investors exercise repurchase rights, a target company or its founding shareholders often defend against the obligation.
In November 2023, Llinks partner Mr. Alex Huang and Ms. Candice Du were invited to write an article for China Business Law Journal (CBLJ), in which they selected a number of issues of concern to investors recently and provided in-depth case analyses and interpretations of arbitration awards in light of the current judicial practice.
Read full article in Chinese and English here.
