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.
If a creditor wishes to apply for bankruptcy of a Chinese debtor, it shall submit the following materials to the court.
Yes, a creditor can claim enforcement of a foreign judgment against a debtor if the requirements given in the Turkish Enforcement Laws are met.
The most common reason is insolvency of the debtor.
Can I sue Chinese companies in France and then enforce a French judgment in China?
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.
The Agenda is out! Join two industry leaders from Turkey and China, as they share their insights on the landscape of debt collection in both countries. With interactive discussion, we will explore efficient and practical strategies, methods and tools to collect payments.
If a debtor files an application for bankruptcy, it shall submit the following materials to the court.
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.
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 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.
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.
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.
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.
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.
The most popular destination for arbitration in Turkey is Istanbul Arbitration Center ‘’ISTAC’’.
The debtor’s property may be disclosed by the bailiff as a state enforcement measure. In this case, the debtor must provide information about the available assets.
