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Supreme Court Publishes Lawsuit Execution and Settlement Standards

04-10 15:14 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-04-09/110135706.html

» The Supreme Court set standards for lawsuit execution and settlement, ordering all local courts to resolve by June 1, 2009 any lawsuit that was accepted before December 31, 2007 and has solvent defendants.

» The standards specify that, for insolvent lawsuits, local courts must conduct due diligence on the defendant’s property and inform the plaintiff.

» But the Court did not define insolvency, a crucial term in property lawsuits.

 

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