How Does a Chinese Enterprise File Bankruptcy for Itself?
If a debtor files an application for bankruptcy, it shall submit the following materials to the court.
If a debtor files an application for bankruptcy, it shall submit the following materials to the court.
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.
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.
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.
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.
Tuesday, 11 October 2022, 10:00-11:00 Lisbon Time (GMT+1)/17:00-18:00 Beijing Time (GMT+8)
Tiago Fernandes Gomes, Lawyer of SLCM (Portugal), and Chenyang Zhang, Partner of Tian Yuan Law Firm (China), will talk about the ins and outs on how to enforce your foreign judgments in Portugal and China, a worthwhile approach that is often overlooked in cross-border debt collection.
It is intended to prevent the company’s shareholders from escaping liabilities by hiding under the corporate veil of limited liability.
All Sichuan industrial enterprises that consume electricity will stop production from August 20 to 25, 2022, to leave the scarce electricity to residents.
Yes. Foreigners or foreign enterprises can apply for trademark registration in China.
The party presenting evidence shall pay the translation fee first, and then the losing party shall bear it.
On 11 Aug. 2022, Yiwu launched a 3-day lockdown due to COVID-19 epidemic control. On 14 Aug., the government of Yiwu issued another notice to extend the lockdown period by 7 days, that is, to August 20, 2022.
The ‘foreign official documents’ here refer to official documents formed outside the territory of China.
The answer is YES, as long as the international sales of goods contracts are concluded between parties whose places of business are in different Contracting States of the United Nations Convention on Contracts for the International Sale of Goods (the “CISG”). In such cases, the Chinese courts shall apply the Convention automatically.
Tuesday, 27 September 2022, 6:00-7:00 Istanbul Time (GMT+3)/11:00-12:00 Beijing Time (GMT+8)
Alper Kesriklioglu, Founder Partner of Antroya Consulting and Law Office (Turkey), and Chenyang Zhang, Partner of Tian Yuan Law Firm (China), will take participants on a journey to discover the landscape of debt collection in Turkey and China. With interactive discussion, we will explore efficient and practical strategies, methods and tools to collect payments.