Chinese Pool Firm Faces Frozen Assets Following False Advertising Verdict

In a recent ruling on false advertising and unfair business practices, a North Carolina federal judge temporarily froze the assets of a Chinese pool products manufacturer and its American subsidiary. The court’s action follows a multimillion-dollar verdict against the companies. The presiding judge expressed concern over potential attempts by the companies to relocate assets in order to avoid payment. Details of the court’s decision were reported on Law360.