Tue, 14 Dec 2021 China Law in One Minute Meng Yu 余萌
You can claim debt recovery from its shareholders. Normally, due to the very nature of companies (legal persons), it is very difficult for you to claim debt recovery from a Chinese company’s shareholders. Once the company is canceled, however, you will have opportunities to do so.
Tue, 14 Dec 2021 China Law in One Minute Meng Yu 余萌
You are entitled to unilaterally terminate a contract with a Chinese company only if the conditions for rescission as agreed in the contract or under Chinese law mature. Otherwise, you can only terminate the contract with the consent of the other party.
Tue, 14 Dec 2021 China Law in One Minute Meng Yu 余萌
Can I initiate arbitration proceedings against Chinese companies in my country and then have the awards enforced in China? You probably don’t want to go to faraway China to sue a Chinese company, and you don’t want to agree in the contract to submit the dispute to an arbitration institution that you don’t know about.
Tue, 14 Dec 2021 Insights Meng Yu 余萌
Most likely, you don't want to have to go so far away as to sue a Chinese company. You may just want to take your case to the court on your doorstep because you are more familiar with your home state.
Mon, 13 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, Hainan issued the proposed “Regulations on Enterprise Bankruptcy Proceedings in Hainan Free Trade Port (Draft)” (海南自由贸易港企业破产程序(草案)).
Mon, 13 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, China’s Supreme People’s Court issued the “Opinions on the Further Governance of Sham Litigation” (关于深入开展虚假诉讼整治工作的意见), which identifies ten typical types of sham litigation to guide the courts nationwide.
Mon, 13 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, China’s Supreme People’s Court released the 30th batch of guiding cases, totaling six cases, which involve credit card skimming and other civil cases.
Sat, 11 Dec 2021 China Legal Trends CJO Staff Contributors Team
In October 2021, CAC issued the proposed “Measures of Data Exit Security Evaluation (Draft for public comment)”, which could exert a significant impact on companies engaged in cross-border data business related to China.
Sat, 11 Dec 2021 China Law in One Minute CJO Staff Contributors Team
National People’s Congress is the highest organ of state power in China.
Tue, 07 Dec 2021 China Law in One Minute CJO Staff Contributors Team
Yes, as of December 31, 2020, there are more than 522,000 lawyers in China.