Contract review: mind the contracting party.
Reviewing contract is the second time I have composed this year , because I, as a lawyer, recognize that it is of most importance to verify parties who are literally involved in a contract, whereas most contracting parties tend to ignore it, even for the legal occupant. Continue reading
To who it may concern:
A law court in Tianjin of China is announcing that it’s time for some of the victims in a scam case to claim for their compensation immediately.
Lawyer Jingzhan Wang, trusted by Alhamd Traders company from Pakistan, filed a criminal lawsuit case of international fraud wherein Alhamd Traders company is one of the pleaders. The case has lasted more than two years and The judgment is finally concluded by Nankai court of Tianjin. Continue reading
When parties to a contract intend to select an arbitration commission to settle the dispute whenever it rises, they should formatted a clause in the agreement stating which arbitration institue a dispute is supposed to submit to, as well as where the arbitration is supposed to take place. Continue reading
In international project, what may be caused if the wording for a bank guarantee is incorrect?
Introduction
In the international project, there may be much difference in aspects of geography, culture, language and legal environment. The Principals, Contractors, Sub-Contractors, Suppliers and other participants tend to obtain some surety from third party, usually the bank to secure the relevant party’s fulfillment. Bank guarantee is generally regarded as one of the most importance. Continue reading