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November 29, 2013
06:08 EDTCSIQ, LDKJiangsu Suzhou Intermediate Court to re-adjudicate Canadian Solar, LDK case
Canadian Solar (CSIQ) announced that the Jiangsu Suzhou Intermediate Court issued a civil decision that vacated its decision in May, which dismissed a request by LDK Solar (LDK) to enforce an arbitration award in its ongoing dispute with Canadian Solar, and ruled that the case be re-adjudicated. The decision was issued following a request for re-adjudication by the Jiangsu Provincial High Court, which reviewed the May Decision. The company will continue to vigorously contest the merits of the arbitration award, and will update investors as the case progresses.
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