Thu, 20 Oct 2022 China Law in One Minute Meng Yu 余萌
Payment from a debtor in China is usually made by telegraphic transfer (T/T).
China Law in One Minute
China Law in One Minute
Thu, 20 Oct 2022 China Law in One Minute Meng Yu 余萌
Your Chinese debtor can no longer pay off its debts to you alone. You shall be paid together with all of its creditors. You also need to declare your creditor rights to its bankruptcy administrator.
Thu, 13 Oct 2022 China Law in One Minute Meng Yu 余萌
It will lose control over its assets and management, and will no longer be able to pay off any particular debt independently.
A Chinese Company Asks You to Pay to Its Bank Account outside China? It May Be a Scam-CTD 101 Series
Thu, 13 Oct 2022 China Law in One Minute Meng Yu 余萌
Because it might deny afterward that it was its account, and thus that it received your payment.
Thu, 06 Oct 2022 China Law in One Minute Meng Yu 余萌
The judgments of most of China’s major trading partners, including almost all common law countries as well as most civil law countries, can be enforceable in China.
Thu, 06 Oct 2022 China Law in One Minute Meng Yu 余萌
If you don’t have a contract with the seal of this Chinese company, this Chinese company may deny having transacted with you.
Thu, 06 Oct 2022 China Law in One Minute Meng Yu 余萌
The examination procedure of the court for accepting bankruptcy cases can be summarized into four stages: applying for bankruptcy, conducting a formal examination, accepting the application, and accepting the bankruptcy case.
Fri, 30 Sep 2022 China Law in One Minute Meng Yu 余萌
Can I sue Chinese companies in South Korea and then enforce a South Korean judgment in China?
Fri, 30 Sep 2022 China Law in One Minute Meng Yu 余萌
Due to linguistic specificities of the Chinese language, different companies’ names in Chinese, according to their pronunciation, may be spelled exactly the same in English. It will be difficult for you to make a claim or collect a debt.
Thu, 29 Sep 2022 China Law in One Minute Meng Yu 余萌
If a creditor wishes to apply for bankruptcy of a Chinese debtor, it shall submit the following materials to the court.