Director's family get share in film company
By Ellen Jia |
July 12, 2011, Tuesday
|
Print Edition
Print Edition
THE widow and son of renowned movie director Xie Jin should receive shares in the company the filmmaker co-founded, a local court ruled yesterday.
Xu Dawen, Xie's widow, and son, Xie Jiaqing, brought a lawsuit against Shanghai-based Xie Jin Film Technology Co this year.
They asked for recognition of their rights as shareholders in the film technology firm, as it had refused to include them in its business license after Xie died in 2008.
Xu and Xie Jiaqing, who has learning difficulties, asked for a 25 percent stake in the company, the Xuhui District People's Court heard.
The other surviving child, a daughter, had withdrawn her claim for a share in the company.
However, Xie Jin Film Technology Co argued that as Xie Jiaqing was mentally challenged he was unsuitable to be a shareholder.
The company claimed if the widow and son became shareholders, "it would have a negative effect upon the company's operations."
The court said both sides agreed the company was the fruits of the director's lifelong hard work and artistic philosophy and should continue to operate.
Under the court's mediation, Xie Jin Film Technology Co agreed the two plaintiffs should inherit 25 percent of its shares.
Xu would receive 18.5 percent and Xie Jiaqing 6.5 percent, considering his special medical situation.
Xie, a Zhejiang Province native, first received widespread acclaim in 1957 for "Women Basketball Player No. 5." Other movies he made, including "The Herdsman," "Two Stage Sisters" and "Hibiscus Town" are also widely known. The director shot more than 20 movies in his career.
Xie and Xu had one daughter and three sons.
On October 18, 2008, Xie's body was discovered in his hotel room in Shangyu City, the director's hometown.
Xu Dawen, Xie's widow, and son, Xie Jiaqing, brought a lawsuit against Shanghai-based Xie Jin Film Technology Co this year.
They asked for recognition of their rights as shareholders in the film technology firm, as it had refused to include them in its business license after Xie died in 2008.
Xu and Xie Jiaqing, who has learning difficulties, asked for a 25 percent stake in the company, the Xuhui District People's Court heard.
The other surviving child, a daughter, had withdrawn her claim for a share in the company.
However, Xie Jin Film Technology Co argued that as Xie Jiaqing was mentally challenged he was unsuitable to be a shareholder.
The company claimed if the widow and son became shareholders, "it would have a negative effect upon the company's operations."
The court said both sides agreed the company was the fruits of the director's lifelong hard work and artistic philosophy and should continue to operate.
Under the court's mediation, Xie Jin Film Technology Co agreed the two plaintiffs should inherit 25 percent of its shares.
Xu would receive 18.5 percent and Xie Jiaqing 6.5 percent, considering his special medical situation.
Xie, a Zhejiang Province native, first received widespread acclaim in 1957 for "Women Basketball Player No. 5." Other movies he made, including "The Herdsman," "Two Stage Sisters" and "Hibiscus Town" are also widely known. The director shot more than 20 movies in his career.
Xie and Xu had one daughter and three sons.
On October 18, 2008, Xie's body was discovered in his hotel room in Shangyu City, the director's hometown.
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