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CIETAC terminates authority of Shanghai and Shenzhen Sub-Commissions

Baker & McKenzie
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China
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January 25 2013

On 31 December 2012, the China International Economic and Trade Arbitration Commission ("CIETAC") issued an announcement ("Announcement") terminating

Notice regarding handling of law suits regarding debt claims arising from overdue fines of unpaid taxes of bankrupt enterprises Supreme People’s Court

Baker & McKenzie
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China
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September 11 2012

The Judicial Committee of the Supreme People’s Court has passed a notice regarding overdue fines on unpaid taxes of a bankrupt enterprise

Opinion on the establishment of a criminal records system Supreme People’s Court, Supreme People’s Procuratorate, Ministry of Public Security, Ministry of State Security and Ministry of Justice

Baker & McKenzie
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China
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September 11 2012

On 10 May 2012, the Supreme People's Court, Supreme People's Procuratorate, Ministry of Public Security, Ministry of State Security and Ministry of Justice jointly agreed to establish a criminal records system to properly register and effectively manage information relating to criminals

Limitation period calculated from date when the right to bring an action arises Taikang People’s Court, Henan

Baker & McKenzie
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China
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September 11 2012

In a debt recovery action without a written agreement or specified performance period, a court has held that the limitation period begins to run from when the right to bring an action arises

Compensation granted for unilateral termination of distributorship Huaiyin People’s Court

Baker & McKenzie
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China
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September 11 2012

The effective preservation of evidence has allowed a distributor to successfully claim loss of expected profits arising out of the termination of its contract

Shareholders penalized for failure to disclose details of shareholding China Securities Regulatory Commission

Baker & McKenzie
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China
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September 11 2012

The China Securities Regulatory Commission (“CSRC”) has recently warned and imposed administrative penalties on two individuals who failed to disclose details of their shareholding

Shareholder fails in claim against executive who misappropriated company assets Nantong Gangzha People’s Court, Jiangsu

Baker & McKenzie
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China
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September 11 2012

An investor in the institutional shareholder of a joint venture company was found to have no legal rights to claim damages against the company’s executive for misappropriation of funds

Draft of the state secret protection law implementing regulations State Council Legislative Affairs Office

Baker & McKenzie
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China
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September 11 2012

On 15 May 2012, the State Council Legislative Affairs Office released a Draft of the State Secret Protection Law Implementing Regulations (“Draft Regulations”) as the implementing regulations for the PRC Law on Guarding State Secrets (also known as the “State Secrets Law”, revised in 2010

Costs order enforced by direct debit of Alipay account Jiangsu Nanjing People’s Intermediate Court

Baker & McKenzie
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China
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September 11 2012

A court has enforced outstanding court costs by directly debiting a defendant’s “Alipay” account

First case of individual imprisoned for obtaining leaked CPI data Beijing’s No. 1 Intermediate People’s Court

Baker & McKenzie
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China
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September 11 2012

The Beijing’s No. 1 Intermediate People’s Court has for the first time sanctioned an individual for illegally obtaining CPI data

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