(New York News) HNA Group is allegedly planned to revoke the defamation lawsuit against Guo Wengui, a rich Chinese in exile.
According to the Wall Street Journal report yesterday, HNA's lawyers said in a document submitted to the New York State Court on Monday that Guo Wengui's speech is no longer the public's attention, and the company has concluded that the prosecution will disperse the unnecessary way to disperse the item.The company's attention to key business priority, including selling non -core assets and reducing debt burden.
HNA filed the lawsuit in August 2017, and his lawyer had asked the judge to approve the motion of the lawsuit.
Lawyer HNA at the time in the indictment, Guo Wengui published a false word saying that HNA Group's shareholders include Yao Qing, a foreign nephew of Wang Qishan, then member of the Politburo Standing Committee of the Communist Party of China, and Wang Qishan actually held the shareholding of Yao Qing.HNA denied that the two held their shareholding, and pointed out that Guo Wengui's remarks caused the company to lose business opportunities, and also caused a decline in the stock price of a listed company.HNA Group sought compensation of at least 300 million US dollars (S $ 410 million), and asked the court to declare that Guo Wengui was not true and was slander.
