The Nigerian Supreme Court in AG ADAMAWA STATE & ORS vs. AG FEDERATION (2014) LPELR-23221(SC) defined debt as “any amount of money which is still owed after some payment has been made is what is called a balance.
Only registered trademarks and patents in China can be protected here.
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.
Can I sue Chinese companies in Brazil and then enforce a Brazilian judgment in China?
This is a red flag. It means that you should verify the Chinese enterprise before signing the contract.
If I pay a Chinese supplier from my bank account A, can I ask the Chinese company to pay to my bank account B when it refunds me?
Can I sue Chinese companies in the UAE and then enforce a UAE judgment in China?
If you only have the English name of a Chinese company, it is difficult for you to file a complaint or lawsuit against it. However, if this English name comes from the Chinese company’s bank account in China, it is OK.
There is usually no obstacle if a Chinese company refunds you using its foreign funds. However, if it makes a payment to you outside China using its domestic funds, the payment shall be subject to foreign exchange control of China.
If the company does not have the human resources to match the deal, you may be defrauded.
Yes. If you send a demand letter to your Chinese debtor, you can improve the success rate of debt collection, although it is not guaranteed every time.
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.
Can I sue Chinese companies in South Korea and then enforce a South Korean court judgment in China?
Be Cautious when you use a contract template, otherwise, this may lead to an awkward situation where you have to apply for arbitration to an institution out of nowhere.
In practice, there are four common types of fake companies: non-existent companies, companies with abnormal business operations, companies with no previous business, and companies in no community.
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.
A number of customers have been defrauded in the purchase of steel from China.
Can I sue Chinese companies in the British Virgin Islands and then enforce a BVI court judgment in China?
In China, any institution can engage in debt collection activities without a license from the government. However, collecting the financial debt (mainly consumer debt) shall observe certain rules. There are no special restrictions for collecting commercial debt, i.e., non-financial debt.
