A civil trial scheduled for Monday pitting a former University of Minnesota student against the Chinese billionaire she said had raped her was settled Saturday, canceling what was expected to be a tumultuous four weeks in a Hennepin County courtroom.
The lawsuit was filed by Jingyao Liu, 25, against Richard Liu, 48, founder and chair of JD.com, a large e-commerce retailer in China. He said the sex was consensual, but she claimed that he raped her after a dinner party he hosted with other Chinese businessmen in Minneapolis in 2018.
The parties issued a joint statement late Saturday announcing the settlement, the terms for which were not disclosed. The statement added there would be no further comment.