American food-processing company OSI Group LLC disputed a Chinese court’s ruling that it had sold “inferior products” to fast-food chains in China including McDonald’s Corp. and KFC parent Yum Brands Inc. The Shanghai Jiading People’s Court said in a statement on its micro-blog that it fined two of OSI’s units 2.4 million yuan an equivalent to $365,000 and sentenced 10 people to prison.
This is a great example of enterprise risk.
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