China Law in One Minute presents one-minute insight into an aspect of Chinese law and Chinese society.
In China Law in One Minute, a column of China Justice Observer, we will enrich the content of this column at a rate of 1,000 new posts every year, so as to cover all aspects of Chinese law and society.
Thu, 03 Nov 2022 China Law in One Minute Meng Yu 余萌
Ready to enforce a foreign judgment in China? Let us start with the Prep Checklist.
Thu, 03 Nov 2022 China Law in One Minute Meng Yu 余萌
If your debtor defaults on a debt, you can take a lien on the debtor’s chattels (movable property) that you have legal possession of. In other words, the seller can retain ownership of the goods if the buyer fails to pay the price or perform other obligations as scheduled.
Thu, 03 Nov 2022 China Law in One Minute Meng Yu 余萌
The management of the enterprise shall cooperate with the bankruptcy administrator and may be prohibited from serving as executives of other enterprises.
Fri, 28 Oct 2022 China Legal Trends Meng Yu 余萌
Can I sue Chinese companies in Türkiye and then enforce a Turkish judgment in China?
Thu, 20 Oct 2022 China Law in One Minute Meng Yu 余萌
Can I sue Chinese companies in Brazil and then enforce a Brazilian judgment in China?
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).
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.
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, 13 Oct 2022 China Legal Trends CJO Staff Contributors Team
Chinese courts will not recognize and enforce a foreign judgment if it is found that the foreign judgment violates basic principles of Chinese law or violates the public interest of China, no matter whether it reviews the application in accordance with the conditions set by the international or bilateral treaties, or on the basis of reciprocity.