Chinese court freezes $318 million in Nexperia assets in claim for breach of anti-foreign sanctions law

8 September 2026

Chinese court freezes $318 million in Nexperia assets in claim for breach of anti-foreign sanctions lawsongweiqiang/Shutterstock.com

Dongguan Intermediate People's Court in China has frozen $318 million (2.14 billion RMB) worth of equity interests held by Nexperia BV in its Chinese subsidiaries as security for a claim brought by Chinese Wingtech...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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