17 unchanged sentences
On April 18, 2024, FT Global filed a notice of motion for default judgment against the Company.
−Removed: The Court issued an order dated June 12,
−Removed: 2024, pursuant to which the plaintiff’s motion for leave to enter a default judgment against the Company was denied, without prejudice
−Removed: to renewal on proper pagers within 30 days of the date of this order.
−Removed: November 2023, an individual plaintiff involved in a civil loan dispute filed a lawsuit against the defendants including Tengsheng Paper
−Removed: and Jie Ping, who served as the executive director and the legal representative of Tengsheng Paper, at the Lianchi District People’s Court
−Removed: of Baoding City, China (the “PRC Court”).
−Removed: On December 1, 2023, the plaintiff sought property preservation measures, requesting
−Removed: the PRC Court to freeze RMB3.35 million worth of bank deposits held by Jie Ping and Tengsheng Paper.
−Removed: Following this request, on the same
−Removed: day, the PRC Court issued a ruling to immediately freeze the RMB3.35 million worth of bank deposits of Jie Ping and Tengsheng Paper.
−Removed: June 14, 2024, t he PRC Court ordered the defendants to
−Removed: repay the principal of the loan in the amount of RMB3,320,000 to the plaintiff, and Tengsheng Paper was jointly liable for repayment.
+Added: By an order dated August 20, 2024, the Court granted the plaintiff’s default motion on the issue of liability, with damages to be
+Added: determined by a referee.
+Added: The Company then moved to vacate the order dated August 20, 2024, but the Court denied the Company’s motion
+Added: on November 1, 2024, stating that the excuse proffered by the Company as to the reason it did not retain counsel in a timely fashion was
+Added: not sufficient.
+Added: In November 2023, an individual plaintiff involved
+Added: in a civil loan dispute filed a lawsuit against the defendants including Tengsheng Paper and Jie Ping, who served as the executive director
+Added: and the legal representative of Tengsheng Paper, at the Lianchi District People’s Court of Baoding City, China (the “PRC Court”).
+Added: On December 1, 2023, the plaintiff sought property preservation measures, requesting the PRC Court to freeze RMB3.35 million worth of
+Added: bank deposits held by Jie Ping and Tengsheng Paper.
+Added: Following this request, on the same day, the PRC Court issued a ruling to immediately
+Added: freeze the RMB3.35 million worth of bank deposits of Jie Ping and Tengsheng Paper.
+Added: On June 14, 2024, the PRC Court ordered the defendants
+Added: to repay the principal of the loan in the amount of RMB3,320,000 to the plaintiff, and Tengsheng Paper was jointly liable for repayment.
The ultimate resolution of the proceedings may
14 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.