Sun, 19 May 2024 Insights Meng Yu 余萌
This follow-up article focuses on the Chinese Court's detailed review of the Shanghai International Corporation case in 2023, highlighting the significance of reciprocity in cross-border bankruptcy proceedings and underscoring China's evolving approach to recognizing foreign judgments (See In re Shanghai International Corporation (2021) Hu 03 Xie Wai Ren No.1).
Wed, 06 Mar 2024 Insights Guodong Du 杜国栋 , Meng Yu 余萌
In a historic development, the Shanghai Court recognized a Japanese bankruptcy decision in 2023, signaling a potential shift in the traditionally strained mutual recognition landscape between China and Japan ((2021) Hu 03 Xie Wai Ren No.1).
Sun, 12 Jan 2020 Insights Béligh Elbalti
China and Japan should avoid the passive ''wait-and-see'' attitude and should be prepared, in the light of the recent development in China, to be ready to take the decisive step that will end with the current stalemate.
Wed, 17 Apr 2019 Insights Guodong Du 杜国栋 , Meng Yu 余萌
We believe that China’s Supreme People's Court (SPC) has a strong desire to break the deadlock between China and Japan arising out of the mutual refusal to recognize and enforce each other’s court judgments.