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China appliance chain Gome sues jailed founder (AP)

06.08.2010 8:50   27 views   0 comments
Tags: Court, Wood, China, Home, Koda, Store, Gold, Chairman, FIVE, Motorola, High

FILE - In this Nov. 16, 2006 file photo, Gome Appliances Chairman Huang Guangyu, also known as Wong Kwong Yu, speaks during the announcement of a partnership between Gome and Motorola in Beijing, China. Gome Electrical Appliances Holdings Ltd. started legal proceedings on Thursday, Aug. 5, 2010 against Huang Guangyu in the High Court of Hong Kong, the company said in a statement to the Hong Kong Stock Exchange. (AP Photo/Greg Baker, File)AP - China's biggest appliance retailer is suing its founder and former chairman for damages after he was jailed for economic crimes and maneuvers from prison to exert control over the company.




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