Smooth settlement of arrears disputes
The plaintiff, a Qingdao enterprise, had many international sales contracts with a Singapore company for many years and signed many sales contracts. After reconciliation, it was found that a Singapore company owed the plaintiff nearly 6 million yuan. The legal representative of a Singapore company confirmed that he was liable for repayment. The lawyer’s office represented the plaintiff to the court to claim his rights.
China is an important trading partner and investment target of Singapore. The two countries have always maintained close economic and trade exchanges, and trade frictions and disputes between enterprises occur from time to time. Promoting the healthy and orderly development of bilateral trade and the proper resolution of commercial disputes not only shows the good image of China’s judicial fairness, justice and efficiency, but also plays a good guiding role for domestic enterprises to strengthen risk prevention awareness and standardize business behavior in international trade.