Legal roundup: MotoMotion shareholders OK expansion, capital restructuring

Legal roundup: MotoMotion shareholders OK expansion, capital restructuring

And Buddy Mac debtors respond to US trustee’s motion to dismiss CHANGZHOU, China – As expected, the shareholders of Changzhou Jiangxin Homefurnishings Co., the Chinese furniture producer better known in the United States by its export brand MotoMotion, unanimously approved two proposals that will reshape the company’s balance sheet and its factory floor. A plan to redirect part of MotoMotion’s previously raised capital toward expanding smart-fur…