The Agenda is out! Join two industry leaders from Turkey and China, as they share their insights on the landscape of debt collection in both countries. With interactive discussion, we will explore efficient and practical strategies, methods and tools to collect payments.
If a debtor files an application for bankruptcy, it shall submit the following materials to the court.
The Turkish Bar Association and the local bar association to which the lawyer is a member annually publishes an attorney fees scale that covers several types of proceedings.
No, they don´t have to be necessarily physically present to bring the proceedings in a German Court of Law if an Attorney-at-Law represents them legally.
2022 Guide to Enforce US Judgments in China Can I sue Chinese companies in the United States and then enforce a US judgment in China? …
The following parties may apply for bankruptcy of the debtor: the debtor itself, creditors, liquidation obligors, relevant governmental authorities and employee creditors.
A Chinese company has only one legal Chinese name. But they also use an English name, determined by their own, in international trade.
Unless otherwise agreed by the parties, the fees of the arbitrators shall be agreed between the arbitrator or the arbitral tribunal and the parties, taking into account the amount of the claim, the nature of the dispute and the duration of the arbitration proceedings.
Enterprises can all go bankrupt. In a few places, like Shenzhen, natural persons can go bankrupt. Chinese central and local governments and public institutions cannot go bankrupt. In addition, law firms cannot go bankrupt, either.
Yes, it is the debtor who must pay all the costs that are involved with the debt collection, no matter whether it is an amicable debt collection or a state-run debt collection through a bailiff.
In China, court fees and attorney fees depend on the amount of your claim. But some fees are fixed, namely the cost of notarization and authentication of some documents in your country.
This allows you to identify exactly which Chinese company you are dealing with.
The most popular destination for arbitration in Turkey is Istanbul Arbitration Center ‘’ISTAC’’.
The debtor’s property may be disclosed by the bailiff as a state enforcement measure. In this case, the debtor must provide information about the available assets.
No. Instead, China adopts a first-to-file trademark system.
A Chinese enterprise may go bankrupt if both of the following conditions are met: first, it fails to pay its debts as they fall due; and second, its assets are inadequate to pay off all debts or it is clearly insolvent.
If there is a default on the bonds whose debtors or guarantors are based in mainland China, you can initiate an action before a court outside China and enforce the judgment in China.
Monday, 24 October 2022, 10:00-11:00 Rome Time (GMT+2)/16:00-17:00 Beijing time (GMT+8)
Laura Cinicola, Lawyer of KPMG LabLaw (Italy), and Chenyang Zhang, Partner of Tian Yuan Law Firm (China), will share their insights on debt collection in Italy and China. It all comes down to how to make use of the practical strategies, methods, and tools which we will explore together with you.
The main payment method for debt paying is by bank transfer.
The court fees are calculated according to the Act of Fees No.492 and the general communique based on the act.
