Turkey | Can a Creditor Claim Enforcement of a Foreign Arbitral Award Against a Debtor?
Yes, a creditor can claim enforcement of a foreign arbitral award against a debtor.
Germany | Which Courts Usually Have Jurisdiction Over International Commercial Disputes?
In principle, the respective District Court (“Landgericht”) has jurisdiction, since the dispute is worth more than EUR 5.000,00 in international commercial matters.
2022 Guide to Enforce South Korean Judgments in China
2022 Guide to Enforce South Korean Judgments in China
Why You Need to Know Chinese Supplier’s Legal Name in Chinese?
Due to linguistic specificities of the Chinese language, different companies’ names in Chinese, according to their pronunciation, may be spelled exactly the same in English. It will be difficult for you to make a claim or collect a debt.
How Does Creditor File Bankruptcy for a Chinese Debtor?
If a creditor wishes to apply for bankruptcy of a Chinese debtor, it shall submit the following materials to the court.
Turkey | Can a Creditor Claim Enforcement of a Foreign Judgment Against a Debtor?
Yes, a creditor can claim enforcement of a foreign judgment against a debtor if the requirements given in the Turkish Enforcement Laws are met.
Germany | What Are the Common Reasons for Unsuccessful Debt Collection Attempts?
The most common reason is insolvency of the debtor.
2022 Guide to Enforce French Judgments in China
Can I sue Chinese companies in France and then enforce a French judgment in China?
Why Consistency between English and Chinese Versions of Trade Contract Matters?
This is because conflicting clauses in the different versions will be deemed to have no effect. Therefore, you should review each clause of the Chinese contract carefully.
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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.
Turkey | How Are Local Lawyers Who Provide Legal Services in International Commercial Disputes Usually Charged?
The Turkish Bar Association and the local bar association to which the lawyer is a member annually publishes an attorney fees scale that covers several types of proceedings.
Germany | Do Foreign Creditors Need to Be Physically Present in Person To Bring Proceedings Locally?
No, they don´t have to be necessarily physically present to bring the proceedings in a German Court of Law if an Attorney-at-Law represents them legally.
2022 Guide to Enforce US Judgments in China
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? …
Who Files Bankruptcy in China?
The following parties may apply for bankruptcy of the debtor: the debtor itself, creditors, liquidation obligors, relevant governmental authorities and employee creditors.
How to Search a Chinese Company’s Name?
A Chinese company has only one legal Chinese name. But they also use an English name, determined by their own, in international trade.
Turkey | How Are the Arbitration Fees Charged by These Arbitral Institutions Usually Priced?
Unless otherwise agreed by the parties, the fees of the arbitrators shall be agreed between the arbitrator or the arbitral tribunal and the parties, taking into account the amount of the claim, the nature of the dispute and the duration of the arbitration proceedings.
Which Entity Can Go Bankrupt in China?
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.
Germany | Can the Creditor Claim From the Debtor for Costs of Debt Collection?
Yes, it is the debtor who must pay all the costs that are involved with the debt collection, no matter whether it is an amicable debt collection or a state-run debt collection through a bailiff.
How Much Does It Cost to Sue a Company in China?
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.