Recently, LegalOne released the "Deals of the Year 2023 in China" list. JAVY Law Firm, with its outstanding professional capabilities and comprehensive strength, had two cases featured, both receiving a Remarkable rating.
Featured Cases:
Creditor vs. Tianlong Company Bankruptcy Claim Dispute Case Link
Mr. Wang, an investor and creditor of Tianlong Company, headquartered in Shunping County, Hebei Province, faced a significant challenge when the company's liquidation rate fell below 30% during its bankruptcy process. His 9.3 million RMB loan was categorized as subordinated debt, threatening his ability to recover the investment. Zhang Li Esq. successfully argued against the misapplication of the Equitable Subordination Rule, ensuring judicial fairness and setting a precedent in China.
Contract Dispute between a Private Enterprise and a State-owned Enterprise Case Link
A private enterprise entered into a cooperation agreement with a state-owned enterprise for a construction project. After completing the first phase, the state-owned enterprise refused to continue fulfilling the contract. Cao Chunfang Esq. and Tian Qiuying Esq. represented the private enterprise, demanding contract performance. They provided extensive evidence and successfully argued the case in the first trial, which resulted in a favorable and fair judgment. The case is currently under retrial, pending final legal documentation.
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