Li Shu’s Team Secures a Suspended Sentence in an Illegal Deposit-Taking Case

2023-05-07阅读中文版

The chairman of a Hubei real estate company faced an illegal public deposit-taking case involving alleged borrowings of tens of millions of renminbi. Li Shu’s team acted at trial, seeking mitigation and a suspended sentence.

The lawyers reviewed borrowing and debt-transfer evidence, distinguishing relevant ordinary financing from the scope of the allegations. They also addressed voluntary surrender and the potential use of project assets to resolve the debts.

According to YunTing’s account, the court treated the defendant as a directly responsible person in a corporate offense and imposed a three-year prison sentence, suspended, together with restitution obligations. This was a conviction with a suspended sentence.

Source: Original publication