Seiden Law's Receivership Efforts Over Oriental Dragon Corporation Result in a Win for Client Despite the Distressed State of the Company in China

Robert Seiden, appointed receiver over Oriental Dragon Corporation by the Supreme Court of the State of New York, obtained a $3 million settlement with the company despite its distressed state in China, delivering a significant recovery for the client.

August 2018

Access America Fund, LP et al. v. Oriental Dragon Corporation f/k/a Emerald Acquisition Corporation
The Supreme Court of the State of New York · Case No. 652110/2016

In August 2018, Robert Seiden was appointed as receiver over Oriental Dragon Corporation Inc. (“ODC”) in the Supreme Court of the State of New York to enforce a judgment against the company. Despite the distressed state of the company in China, Mr. Seiden obtained a $3 million settlement with the company, resulting in a significant recovery of funds for the client.