Patrick Zheng has joined Herbert Smith as a senior consultant in the firm's Beijing office.Described as “a respected figure in the Chinese arbitration…
It's been a tough 12 months since China Law & Practice last held its China Awards, just five days after Lehman Brothers filed for bankruptcy protection in New York
The PRC Arbitration Law says that an arbitration agreement must refer to the arbitration commission selected by the parties, among other things. There are many questions as to the meaning of this clause
The Measures set out the criteria under which a lender accepts an application for a loan for a fixed asset. They also lay down provisions on relevant due diligence investigation, risk assessment, examination and approval, execution of the contract, disbursement and payment, post-loan management and legal liability.