The contract between Proview and Grandall involved Grandall paying all legal costs up front in exchange for an immediate four per cent share of the settlement. Although Apple recently paid Proview $60 million, Grandall claims it has yet to receive its $2.4 million share.

Nonsense demands

Proview founder Yang Rongshan told Sina Tech (via engadget) that Grandall’s demands were ‘nonsense’, and that although they would pay in due course, Proview is not currently under ‘normal operations’ and so is not bound to fulfil the contract.
Proview used to manufacture LCD screens, but the company’s Shenzhen factory closed a few years ago. It is believed to have debts of up to $400 million, and was reportedly hoping for a billion-dollar settlement from Apple.
Grandall is not the only business seeking money from Proview. The company’s many creditors -- which include the Bank of China -- are also demanding payment. In March, Taiwan-based Fubon Insurance, another creditor, applied to declare Proview bankrupt to gain a share of its liquidated assets.