How do Chinese courts view public policy in judicial review of arbitration? Judge Song Jianli (宋建立) from the Supreme People’s Court expresses his views on that.
When you have to sue an overseas subsidiary of a Chinese company, then you find that it has no assets to be enforced for its debts, what should you do?
Does the losing party in a Chinese lawsuit pay the prevailing party’s legal yes? In general, the answer is no.
The Worst of Times? Three Chinese Banks Were Held in Contempt of U.S. Court in North Korea Sanctions Investigation
The D.C. Circuit upheld the contempt orders against three Chinese banks on 30 July 2019. For Chinese banks, they have been frequently caught in a catch-22 since Gucci v. Weixing Li: violating Chinese laws to produce documents or be held in contempt for refusing discovery. To some extent, perhaps Chinese banks are going through the worst of times after their entry into the U.S. financial markets.
Courts in Shanghai are implementing a newly issued guidance on the ascertainment of foreign law, from which we can learn how Shanghai promotes a better mechanism for ascertaining foreign law.
The first anniversary of China International Commercial Courts is an important opportunity to recall what has happened in one year’s time.
Dr. Meng Yu, as the panelist of the seminar “Enforcing the Judgment: Convergence of Asian Business Laws to Facilitate Certainty for Investment and Trade” organized by the Asian Business Law Institute (ABLI), Singapore, talked about the portability of judgments in Asia from China’s perspective.
When I apply to Chinese courts for recognition of foreign judgments, do I need to provide evidence to prove that there is a reciprocal relationship between China and the country where the judgment was rendered?
China should improve the reciprocity criteria, conclude more guidance memorandums, and accede to multilateral conventions.