
The Xiaomi Playbook: Anatomy of a Successful Case in US Courts
Published on May 27
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<p style="color:#333333;font-weight:normal;font-size:16px;line-height:30px;font-family:Helvetica,Arial,sans-serif;hyphens:auto;text-align:justify;" data-flag="normal"><span>Xiaomi recently won a case in US federal court to block implementation of a rule that would have prevented US persons from investing in their stock. The announcement of this rule had initially sent their stock plummeting.</span></p><p style="color:#333333;font-weight:normal;font-size:16px;line-height:30px;font-family:Helvetica,Arial,sans-serif;hyphens:auto;text-align:justify;" data-flag="normal"><span>Xiaomi and Luokung, another company facing this rule, have now given other similar companies a playbook for pushing back. We talk with Tim O’Toole, a white collar defense and international trade lawyer at Miller & Chevalier. Tim has brought numerous cases before the same judge in federal court as the Xiaomi and Luokung cases, and he walks us through the rulings and what comes next.</span></p><p st...