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“Today’s announcement is a further positive step in the wider Steinhoff restructuring process, which continues to make good progress,” Steinhoff acting CEO Danie van der Merwe said. Mattress Firm, founded in 1986, had filed for voluntary bankruptcy protection in early October, gaining some breathing room to restructure and shore up its finances. The retail industry has seen a series of bankruptcies, including Toys “R” Us, over the last couple of years on mounting pressure from e-commerce companies like Amazon.com Inc (AMZN.O).
MINNEAPOLIS/NEW YORK (Reuters) - On the night of Aug, 30, a 21-year-old University of Minnesota student said she was in a chauffeured black car, trying to keep billionaire JD.com Inc Chief Executive Richard Liu from pulling off her clothes, “I just begged him, ‘Don’t do that, You have wife and you have kids,’” the Chinese woman told police in a recorded interview days after that was reviewed by Reuters, “He did not listen to me.”, At around 3 a.m., Minneapolis police responded to an 'assault in progress' involving Liu at the woman’s luxury silver mickey mouse silhouette cufflinks apartment, a police report showed, after a friend alerted authorities, Officers investigated and concluded that no crime had occurred, Precisely what the woman and Liu told police has not been made public, but Reuters previously reported that she was afraid that Liu would retaliate against her if she pressed charges, (reut.rs/2xwOIuM)..
Less than 24 hours later, when police were summoned again with the help of a university administrator, the woman was unequivocal: She said she had been raped by Liu. The Chinese executive was arrested that night. Liu, who has maintained his innocence through representatives, was jailed for about 17 hours before being released. Hours later, he flew to China, which does not have an extradition treaty with the United States. Local prosecutors are weighing evidence that would move the case beyond a “he said, she said” stalemate. Among the issues being considered by the Hennepin County Attorney’s office: the divergent accounts of what happened that night, the initial determination by police that there was no crime, and the woman’s early hesitance to press charges against Liu, Reuters has learned.
An attorney for Liu, Jill Brisbois, said in an emailed response that Liu’s innocence would become apparent once more evidence is disclosed, “We are very disappointed that Reuters would choose to run a story with unsubstantiated information, from anonymous sources who clearly have an agenda, while Richard cannot defend himself out of respect for the judicial process,” she wrote, Wil Florin, an attorney for the now 22-year-old woman hired four days after the alleged rape, would not make her available silver mickey mouse silhouette cufflinks for comment..
Florin said in response to questions that the case was “simple” - Liu used force to have non-consensual sex - and the initial hesitance to press charges was understandable. “No one can fully appreciate the hurricane of initial emotions that a rape victim suffers,” Florin said. “Reluctance, fear and confusion are commonplace.”. Asked if his client planned any civil suits, Florin said, “Our legal intentions with regard to Mr. Liu and others will be revealed at the appropriate time.”.
Some legal experts silver mickey mouse silhouette cufflinks say victims’ initial reluctance to speak out plainly can deter prosecutors from charging due to concerns about how it would be seen by a jury, “The decision to prosecute has a lot to do with the initial reaction of the victim, which is unfortunate,” said Roger Canaff, a former sex crimes prosecutor in New York, Others said prosecutors should still be able to make a case, for example, with the help of expert witnesses, “Prosecutors can still educate jurors on issues like fear of retaliation, avoidance and shame,” said Benjamin Andreozzi, a Pennsylvania-based attorney who frequently represents victims of sexual abuse..
The decision by prosecutors will likely affect JD.com, whose shares have already tumbled by more than a third since Liu’s arrest. Also known as Liu Qiangdong, he maintains tight control of the company he grew from a humble electronics stall to an e-commerce giant with 2017 net revenue of $55.7 billion and partners such as Alphabet Inc’s Google, Walmart Inc and Tencent Holdings Ltd. As prosecutors and the woman consider their legal options, Reuters has uncovered new details about the night and its immediate aftermath.
Liu, 45, had traveled to University of Minnesota in late August to attend a doctor of business administration program directed at Chinese executives, Other students in the program include Ma Huateng, the billionaire chief executive of Tencent, and Li Hua, the billionaire chairman of Excellence Real Estate Group Ltd, according to university materials, After the alleged rape, a personal silver mickey mouse silhouette cufflinks assistant for Liu turned to Li to request that he broker a peace with the woman, the woman told police in the recorded interview..