Photo of Zheng Xie

Zheng is a recognized expert across a range of U.S. and Chinese legal and business issues. She focuses on corporate and regulatory matters associated with  international trade transactions and litigation, as well as licensing issues within the Departments of Commerce and State.

On Wednesday, Judge Richard Sullivan of the Southern District of New York relieved the Bank of China from an order issuing $50,000 of daily fines for failing to comply with two subpoenas for information on account holders accused of selling goods counterfeit “Gucci” goods. The matter provides an interesting case study of at least one dilemma facing foreign companies doing business in the United States – whether to comply with a US-issued subpoena knowing that compliance  would break foreign law.