Foolproof: How to draft commercial contracts

After twelve years of consultation and drafting, the SPC has finally released an Interpretation on sale and purchase contracts, Jessica Fei and Weina Ye provide practical advice on what it means when drafting contracts

14 minute readJuly 11, 2012 at 12:57 AM

clpstaff

On May 10 2012, the Supreme People's Court (SPC) published the Interpretation on Issues Relevant to the Application of the Law in Trials of Disputes over Sale and Purchase Contracts (关于审理买卖合同纠纷案件适用法律问题的解释), which became effective as of July 1 2012. Four areas of the Interpretation are most likely

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