Judgments and Arbitral Awards Collection
Judgments and Arbitral Awards Collection

Decoding the Turning Point: A Closer Look at China’s Recognition of Japanese Bankruptcy

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).

Blanket Non-recognition of Chinese Judgments on Systemic Due Process Ground? No, Says New York Appellate Court

In 2022, the Appellate Division of the New York State Supreme Court unanimously reversed the trial court ruling, rejecting the blanket non-recognition of Chinese judgments (Shanghai Yongrun Inv. Mgmt. Co. v. Xu, et al., 203 A.D.3d 495, 160 N.Y.S.3d 874 (N.Y. App. Div. 2022)).