Turkey | Can the Creditor Claim From the Debtor for Costs of Debt Collection in Turkey?
It depends on whether the debt is collected through amicable debt collection or legal actions.
It depends on whether the debt is collected through amicable debt collection or legal actions.
In 2019, due to parallel proceedings, Shenzhen Intermediate People’s Court of China ruled to dismiss the application for enforcing a New Zealand judgment (Americhip, Inc. v. Dean et al. (2018) Yue 03 Min Chu No. 420 ).
Traces and investigation are crucial for the creditor on both amicable and legal stage in Turkey.
In 2020, Ningbo Intermediate People’s Court of China ruled in Wen v. Huang et al. (2018) to recognize and enforce a US judgment, marking the third time that American monetary judgments have been enforced in China.
Parties of a debt relation may determine the way of payment by either written or verbally, both may be before or after the debt arise.
In 2021, due to lack of jurisdiction, a Chinese court in Liaoning Province ruled to dismiss applications for enforcing three South Korean judgments in KRNC v. CHOO KYU SHIK (2021).
Yes, amicable debt collections are allowed in Turkey.
In 2021, Xiamen Maritime Court of China ruled to recognize a Singaporean insolvency order in In re Xihe Holdings Pte. Ltd. et al. (2020), providing an example of how Chinese courts recognize foreign bankruptcy judgments based on the principle of reciprocity.
Finality matters. In 2020, Wuxi Intermediate People’s Court of China dismissed an application for enforcing a US judgment, due to the lack of finality, in Wuxi Luoshe Printing & Dyeing Co. Ltd. v. Anshan Li et al. (2017).
In March 2022, Shanghai Maritime Court ruled to recognize and enforce an English judgment in Spar Shipping v Grand China Logistics (2018), marking the first time that an English monetary judgment has been enforced in China based on reciprocity.
In cooperation with four law firms from China and Germany -Tian Yuan Law Firm, Dentons Beijing, YK Law Germany, and DRES. SCHACHT & KOLLEGEN, CJO GlOBAL organized the webinar ‘German-China Debt Collection: Enforcing Foreign Judgments & Arbitral Awards’ on 27 May 2022.
Yes, the Chinese court in Wenzhou, Zhejiang Province, enforced an Italian judgment in 2021, upholding the claim of the judgment creditor’s successor (Ye Aiwen v. Chen Tihu (2019)).
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post addresses the ex ante internal approval and ex post filings – a mechanism designed by China’s Supreme Court to ensure impartiality in enforcing foreign judgments.
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post addresses the rules on case filing, service of process and withdrawal of application.
The Agenda is out! Join four industry leaders from China and Germany, as they share their insights on the landscape of enforcement of foreign court judgments and arbitration awards. From trends, toolkits + to-do lists for debt collection in both jurisdictions!
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post addresses the rules on whether and how applicants may seek interim measures (conservatory measures) in cases of the recognition and enforcement of foreign judgments in China.
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post addresses the supplementary rules on jurisdiction in cases of the recognition and enforcement of foreign judgments in China.
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post addresses the conditions for recognition and enforcement of foreign judgments in China.
How to Write an Application for Enforcing Foreign Judgment in China – Breakthrough for Collecting Judgments in China Series (VI) Key takeaways: The 2021 Conference …
Friday, 27 May 2022, 09:00-11:00 Berlin Time (GMT+2) /15:00-17:00 Beijing Time (GMT+8).
Four industry leaders from China and Germany, Chenyang Zhang, Partner of Tian Yuan Law Firm (China), Hualei Ding, Partner of Dentons Beijing (China), Timo Schneiders, Managing Partner of YK Law Germany, Stephan Ebner, German-US-Attorney-at-Law at DRES. SCHACHT & KOLLEGEN (Germany), will discuss whether and how foreign judgments and awards can be enforced in the two jurisdictions, a rising sector in international debt collection.