CLS Managing Partner on on the recognition of foreign court judgments in China
If a dispute arises with a Chinese counterparty, it is not always possible to resolve it in the courts of the PRC.
If a dispute arises with a Chinese counterparty, it is not always possible to resolve it in the courts of the PRC. However, the statistics on the recognition of foreign court judgments in China are not very positive: at present, China has no system for appealing the decisions of Chinese people's courts on the recognition and enforcement of foreign arbitral awards.Vladislav Zabrodin, Managing Partner of CLS, discusses the specifics of Chinese legislation regarding the procedure for recognizing foreign court judgments and offers recommendations to help avoid wasting significant time, effort, and money.
Read more about all the complexities of this procedure in the article by RBC.
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