You are here

Is legal recourse meaningful in a Starwood-Anbang dispute?

China is notorious for its weak rule of law; it's not known if a Chinese court would enforce a US ruling against Anbang

AMONG the many issues Starwood Hotels & Resorts faces in negotiating a deal with Anbang Insurance Group, a secretive Chinese insurance giant, is a stark one: Any deal Starwood negotiates may not be worth the paper it is printed on.

The enforcement problem may arise because Anbang is...

Market voices on: