Seiden Law‘s Receivership Efforts Over Oriental Dragon Corporation Result In A Win For Client Despite The Distressed State Of The Company In China.
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.