We are delighted to announce the launch of a new global King & Wood Mallesons guide - Enforcing your judgment in China: The truth.
China’s significance in today’s global economy calls for many international businesses to understand the realities of enforcing a judgment against Chinese-held assets. To date, it is very rare for overseas judgments to be enforced in
China but with more and more foreign courts enforcing Chinese judgments and the recent guidance given to Chinese judges, the stage is set for Chinese courts to start to enforce more overseas judgments.
In this new guide, KWM offers a practical snapshot of the recognition and enforcement of overseas judgments in China and the potential for reciprocity in foreign jurisdictions.
We look at how practical it would be for any organisation doing business with a Chinese company to enforce against Chinese-held assets, should the need arise. The key question in whether a foreign judgment is likely to be enforced in China is how other courts treat Chinese judgments. We consider how four key jurisdictions – Germany, England, Hong Kong and Australia - go about recognising and enforcing Chinese court judgments.