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On January 4, 2016, Abakan and MesoCoat entered into a Satisfaction and Assignment Agreement (the “Satisfaction Agreement”) with secured creditors George Town, SA (“George Town”) and Sonoro Invest S.A. (“Sonoro”), as well as unsecured creditors Joseph T....
NEW YORK, Nov. 25, 2015 /PRNewswire/ — On November 5, 2015, certain creditors of Abakan, Inc. (OTC US: ABKI) (“Abakan”) and certain creditors of MesoCoat, Inc. (“MesoCoat”) filed a Chapter 11 involuntary bankruptcy petition in the Southern District of Florida....
Robert W. Seiden, Esq. was appointed Receiver over publicly traded company Abakan, Inc. (OTC US: ABKI) by the Honorable Judge Denise Cote in federal court in Manhattan today. Abakan, Inc. is the parent company of MesoCoat, Inc., a Euclid Ohio company that produces...
Robert W. Seiden, Esq., Court-Appointed Receiver (“Receiver”) of Sino Clean Energy, Inc. (“SCEI”) has successfully beaten back Baowen Ren, the former chairman of SCEI, in the Nevada bankruptcy court where the Honorable Judge Bruce T. Beesley ruled today that Ren’s...
Robert Seiden, Esq., the Court-appointed receiver (the “Receiver”), over Sino Clean Energy, Inc. (“SCEI”) filed criminal charges with the Hong Kong Police Commercial Crimes Bureau on May 22, 2015 detailing that SCEI’s Chairman, Baowen Ren, undertook a fraudulent...
Managing Partner Robert Seiden featured in “Court Appointee Chases (and Finds) Investor Cash That Vanished in China” by Michael Rapoport of The Wall Street Journal Read full article here.
For some U.S. investors trying to hold Chinese companies to account, Robert Seiden could be the last, best hope. . . Read More
After exhausting nearly all avenues of cooperation with Chairman Baowen Ren, Robert W. Seiden, Esq., Court-Appointed Receiver (“Receiver”) of Sino Clean Energy, Inc. (“SCEI”) has taken decisive steps to taking complete control over SCEI and its China operations. SCEI...
Court-Appointed Receiver for publicly-traded China-based clean energy company (SCEI) takes decisive measures to bring company into compliance with Nevada court order based on Chairman’s lack of cooperation. Shortly after Robert W. Seiden, Esq., Court-appointed...
Robert W. Seiden, Esq., Court-appointed receiver (“The Receiver”) over Sino Clean Energy, Inc. (“SCEI”), has taken control over SCEI’s wholly-owned subsidiary in Hong Kong which controls the operating entities in mainland China. . . Read More