Recognition and Enforcement of Foreign Judgments in China: Progress and Challenges Go Hand-in-hand
摘要
On 30th June 2017, the Intermediate People’s Court of Wuhan, Hubei Province (‘’Wuhan Intermediate Court’’) handed down its judgment in Application to Recognize and Enforce a Foreign Civil Judgment by Liu Li v. Tao Li and Tong Wu” (2015 E Wuhan Zhong Min Shang Wai Chu Zi No. 00026) (“Judgment”) in which the Court considered the recognition and enforceability of a foreign judgment in China. For the first time, the Court, on the basis of acknowledging juridical reciprocity between China and the US, ruled that a US civil court ruling was to be recognized as legally binding on Chinese soil. The case concerns a shares transfer agreement (‘’Agreement’’) dispute between the Applicant Liu Li (‘’Applicant’’) and the Respondents Tao Li and Tong Wu (‘’Respondents’’). During the hearing of the case, the Wuhan Intermediate Court reviewed the documents submitted by the Applicant relating to the recognition and enforcement of a Chinese civil ruling by the United States District Court for the Central District of California. The Wuhan Intermediate Court concluded “after scrutiny, it is found that the materials submitted by the Applicant proves there is precedence as to recognition and enforcement of civil rulings of Chinese courts in US, so reciprocity for mutual recognition and enforcement of civil rulings is determined existing between the two countries.”
正文
备注
本文献PDF共计6页,免费分享。