In 2022, the High Court of Justice, UK ruled to enforce two monetary judgments of local Chinese courts, confirming the enforceability of double default interest (Hangzhou Jiudang Asset Management Co Ltd & Anor v Kei [2022] EWHC 3265 (Comm)).
In 2023, the High Court of New Zealand ruled to enforce a judgment of a Beijing local court, marking the second time that a Chinese court monetary judgment has been recognized and enforced in New Zealand (BIN v SUN [2023] NZHC 436).
In 2023, a local court in Beijing ruled to recognize a German bankruptcy judgment in In re DAR (2022), marking the second time that Chinese courts have recognized German bankruptcy judgments, and the first time the de jure reciprocity – a new liberal test-being used in the enforcement of foreign judgments in China.
China is trying to reduce the cost of export refund for cross-border e-commerce enterprises, and actively support the development of new forms of foreign trade.
The Mainland Customs became the first AEO mutual recognition partner of the Macao Customs.
As of September 2019, Vietnamese courts have handled three cases involving the recognition and enforcement of Chinese arbitral awards and court judgments.
In 2017, the Hanoi High People’s Court of Vietnam refused to recognize and enforce a judgment made by China’s Beihai Maritime Court, marking the first known case in the field of China-Vietnam judgments recognition and enforcement.
It will impede the enforcement of this judgment in China, says the Ministry of Justice (MOJ). And the MOJ is not bluffing.
In 2022, the New South Wales Supreme Court of Australia ruled to enforce a judgment of a Shanghai local court, just before 12-year limitation period expires. It marks the fifth time for an Australian court to recognize and enforce Chinese monetary judgments (Tianjin Yingtong Materials Co. Ltd. v Young [2022] NSWSC 943).
Nigeria is a heterogenous society with a growing population of over 200Million and modified liberal legal frameworks that now allow foreign participations in the local businesses. The Bilateral trade volume between Nigeria and China has reached over $12.03 billion, this significantly places Nigeria as the number one trading partner to China in Africa. What factors that underpin the various procedures that allow Chinese the opportunity to participate in trade or business is what this exercise undertakes.
In cooperation with three law firms from Nigeria and China – CJP Ogugbara & Co (Sui Generis Avocats), ELIX LP and Tian Yuan Law Firm, CJO GlOBAL organized the webinar ‘Nigeria-China Debt Collection: Starting from the Legal Landscape’ on 21 Nov 2022.
China’s Supreme People’s Court elaborated on how Chinese courts apply the New York Convention when handling cases involving the recognition and enforcement of foreign arbitral awards, in a conference summary issued in December 2021.
In cooperation with two law firms from Turkey and China – Antroya Debt Collection & Law Office and Tian Yuan Law Firm, CJO GlOBAL organized the webinar ‘Turkey-China Debt Collection’ on 20 Oct 2022.
In cooperation with two law firms from Italy and China – KPMG LabLaw and Tian Yuan Law Firm, CJO GlOBAL organized the webinar ‘Italy-China Debt Collection’ on 24 Oct 2022.
The Agenda is out! Join three industry leaders from Nigeria and China, as they share their insights on the landscape of debt collection in both countries. Tune in for best practices and to hear their first-hand experiences and insights in this industry.
In 2021, Xiamen Maritime Court ruled, based on the principle of reciprocity, to recognize the order of the High Court of Singapore, which designated an insolvency officeholder. The trial Judge shares his view on reciprocity review in applications for recognition of foreign bankruptcy judgments.
China’s Export Control Law (ECL) came into effect on 1 Dec. 2020. As it has been almost two years since its implementation, it’s time for us to glimpse how China enforces the ECL.
In cooperation with two law firms from Portugal and China – Serra Lopes, Cortes Martins & Associados (SLCM) and Tian Yuan Law Firm, CJO GlOBAL organized the webinar ‘Portugal-China Debt Collection: Enforcing Foreign Judgments’ on 11 Oct 2022.
A study on how the CISG is applied by CIETAC sheds light on the ins and outs of its application in arbitration in China.
During the recognition-enforcement procedure, creditor has the right to demand interlocutory injunction from the authorized court, to seize and freeze the debtor’s movable and immovable assets.
