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The Legal Nature and Effect of Valuations Adjustment Mechanism in Chinese Environment——On the "Suzhou haifu company V.Gansu shiheng company"Chinese Full Text

Wang Yunxia

Abstract: "Suzhou haifu company V.Gansu shiheng company" is the first case about VAM being sentenced invalid in our country.It has the representative significance without doubt.But it also has aroused broad dispute of the nature of VAM according the judge’s viewpoint.VAM is a kind of property self valuation mechanism in private law,which is common in private equity investment.As an untypical contract VAM is different from the contract with effective terms and is similar with the aleatory contract.VAM whic... More
  • Series:

    (G) Politics/ Military Affairs/ Law

  • Subject:

    Law Principle, Law History; Civil Commercial Law

  • Classification Code:

    D923.6;D920.5

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