"Dahua’s Defense Fails", Court Rules For NA Ex-President
A US District Court judge has declared that Dahua's defense has failed in a lawsuit filed by Dahua's North American ex-President who alleged being owed $10+ million.
Earlier this year, the Judge chided Dahua's CEO for not reading the contract, encouraging a compromise. That did not happen and now the court is entering a judgment for Frank Zhang.
Inside this note, we examine the decision and what this means for Dahua and Frank Zhang.
** ***-**** ******** ** **** *** *********** of ************ ****:
*** ***** **** ***** ******** ******* Dahua ** *** ****** *** *********** and ****** ** *** ******* ******** of **** ***** *** **** *******.
*** ***** ********** *** ********* ** follows:
** *** ***** **** ** ***** Dahua ** **** *** **********, ***** and ******** [*.*., ***** ***** **] would ** ******** ********, ***** **** have *** ******* ** * ******* for **** ***** **** **** * wrongful *********** ***** *** **** ********** Agreement *** *****’* *******, ***********, *** noncompetition ***** *** *** *********. *****, in ****, ***** ** ******, ***** the ********* ****** ***** ** **** his ********** **** ******** **** **** been ********** ******* ******* ** ******* due ***** *** **** ********** ********* and ** **** **** ******** *** benefit ** *** ***-******* *** ***** contract ***** ** ***** *** ******** without ************. ***********, *****’* ******* ***** where ** ********* ** **** *** risk ** *******.
*** ***** ********* *** *****'* ******* were ******** ******* *********** ** *****'* CEO **. **:
********’* ******* ******* ********* ** ***** attorney ****** *** ** ****** **** outside *******, ******* ** ********... ** Regulski *** ** ******* ** *** Piper’s ******** ****** ***** *** *********** in ********** ***. *** *** ** Regulski ****** ** *** ********* ** Fu *** ******** **********. **** **** not ***** ** ******** ******** ************* and ****provided **** *** *********** **** ** ****** ********* for them to execute their limited role [emphasis added]
*******, *** ***** ***** **** ***** had ******** ** ********* *****'* ****** from *** **** **** **** ********:
******* *** ******** **** ********* ** the ***** ** *****’* **** ********** Agreement, *** **** ** *** ********* provided ** **** *** *****’* ****** base ****** ********.
*****'* ********* **** *** ******** *** context ** ******* *** $***,*** *** total ** ******* *** ** ****** (i.e., * ***** ** $**.* *******), says *** *****:
** ******** (*** ****** ***) *** not **** *** ****** ** *****’* salary ** *** **** ********** *********. Zhejiang ********** ******* ** *** *** $680,000 ******, ******* ********** **** **** was *** ***** ******, *** *** the ******* ****** ********* ***** *****’* employment ********.
Paying $**.* *******
*** *****, ***** ******* *** *** plaintiff, **** *** ****** ** *** much ** *** ******* $**.* ******* needs ** ** ****, ****** *** question:
**** *** ***** **** ********* ** fashion ** *********** ****** ** * matter ** ****** ** **** *** court ******* *** ********* ** ******* as * ****** ** ***?
*******, *** ***** ******* **** "*** parties *** ******* ** ***** ****** a ***** ******* *** ********* ****** a ********** *****. "
Broader ****** ** *****
*****, *** ********* ***** ***, **** far ******* ********** **** **** ******** case, *.*., ** *** **** *****,***** *** ***** ** * **** of "******* ******** *********", ** ***** ** ********* ***** ********** ** semiconductors, ******** ***** **** ****** *********.
*******, **** **** ** *****'* ***'* challenges, *.*. **** ********* **** ********* ~$** ******* ******* ******** ******* *****.
** *** ***** ****, *****'* ********** present ***** ** *****. **** ** this *** ** *** ********, ** still ***** *** **** ** ******* he **** **** ****, ********* **** would ****** **** ****** ** ** problems ******** *** *****.
******: ******* *** ** ****** ************ briefings ** *** ***** ** *** 6, **** **** **** ***** *** court's ********* ** "******* ** *********** remedy ** **** **** ** * matter ** ****** ** ******* *** Court **** ******* *** ********* ** written ** * ****** ** ***". Responses ** ******* ****** *** *** by *** **, ****. **** ********* to ****** ***** **** ****:
******* ****'* $**** *** ***** ** per *****, * ***'* ********* **** the *** ***.
** * ****** *** ******** ****** for * ******* ********* ** * company **** ****, **** ** ** typical *** * *** ****** ** run **** ** **** ** ******** from **** **** ** ******* **** they ******* ***. **** ******* ** in ***** ***** *** *** **** no **** *** **** **** ********* or ***. **** * ******** ******** of **********. *** **'* ********* (*** surprised) **** **** ***** *** **** in ***** ***** **** ** **** them *** **** ******** ****** ** winning.