{"id":46075,"date":"2016-02-29T01:43:55","date_gmt":"2016-02-29T07:43:55","guid":{"rendered":"https:\/\/3768346-fork.findlaw4.flsitebuilder.com\/?p=46075"},"modified":"2016-02-29T01:43:55","modified_gmt":"2016-02-29T07:43:55","slug":"u-s-court-orders-china-businessman-jailed-for-defying-court-appointed-receiver-and-judges-order-to-cede-control-of-the-company-to-the-receiver","status":"publish","type":"post","link":"https:\/\/seidenlaw.com\/he\/blog\/2016\/02\/u-s-court-orders-china-businessman-jailed-for-defying-court-appointed-receiver-and-judges-order-to-cede-control-of-the-company-to-the-receiver\/","title":{"rendered":"U.S. Court Orders China Businessman Jailed For Defying Court-Appointed Receiver And Judge\u2019s Order To Cede Control Of The Company To The Receiver"},"content":{"rendered":"<p>Sino Clean Energy Inc. (NASDAQ \u201cSCEI\u201d) In an unprecedented and potentially ground-breaking ruling to hold a Chinese company accountable for harming investors by going dark on a US public stock exchange, Baowen Ren (\u201cRen\u201d), the 45 year-old former chairman and CEO of the China-based clean energy company Sino Clean Energy Inc. (\u201cSCEI\u201d) was ordered jailed by Nevada State District Judge Bridgett E. Robb after a hearing in Reno, Nevada on February 16, 2016. Judge Robb ordered Ren in criminal contempt and ordered that a bench warrant\u00a0be\u00a0issued to imprison Ren for at least 25 days for his contempt and\/or bring him before the court to answer for his contempt. . .<\/p>\n<p><a href=\"https:\/\/www.marketwatch.com\/press-release\/us-court-orders-china-businessman-jailed-for-defying-court-appointed-receiver-and-judges-order-to-cede-control-of-the-company-to-the-receiver-2016-02-29\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Sino Clean Energy Inc. (NASDAQ \u201cSCEI\u201d) In an unprecedented and potentially ground-breaking ruling to hold a Chinese company accountable for harming investors by going dark&hellip;<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-46075","post","type-post","status-publish","format-standard","hentry","category-firm-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Court Orders China Businessman Jailed For Defying Court-Appointed Receiver And Judge\u2019s Order To Cede Control Of The Company To The Receiver | Seiden Law LLP<\/title>\n<meta name=\"description\" content=\"Sino Clean Energy Inc. (NASDAQ \u201cSCEI\u201d) In an unprecedented and potentially ground-breaking ruling to hold a Chinese company accountable for harming investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seidenlaw.com\/he\/\u05d1\u05dc\u05d5\u05d2\/2016\/02\/u-s-court-orders-china-businessman-jailed-for-defying-court-appointed-receiver-and-judges-order-to-cede-control-of-the-company-to-the-receiver\/\" \/>\n<meta property=\"og:locale\" content=\"he_IL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Court Orders China Businessman Jailed For Defying Court-Appointed Receiver And Judge\u2019s Order To Cede Control Of The Company To The Receiver | Seiden Law LLP\" \/>\n<meta property=\"og:description\" content=\"Sino Clean Energy Inc. 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