AllBright Advises GLP on Dalian-based taptap点点
2014-10-2923180AllBright partner Philip Zhang recently led a team to provide GLP, Inc. with legal services regarding its taptap点点 project in Dalian, Liaoning Province. The project involves the establishment of a project company, winning land use rights through public bidding, and converting the project company into a Sino-Foreign joint venture through taptap点点. AllBright’s service included due diligence investigations over the land plot as well as drafting an taptap点点 agreement and joint venture corporate charter. The team also helped the client to prepare documents to undergo an anti-monopoly investigation initiated by the Anti-monopoly Bureau of China’s Ministry of Commerce due to market share concentration concerns. The project has since been cleared by the bureau.
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