DeHeng Successfully Represented a Commercial Bank

in Claiming Its RMB 150 Million Creditor's Right

in an Equity Interest Transfer and Repurchase Case

2021-02-22

Commissioned by some state-controlled commercial bank, DeHeng determined the creditor's right (with the principal of approximately RMB 150 million) through notarization of the document of creditor's rights. Then DeHeng initiated the enforcement proceedings against the principal debtor and the arbitration procedures against the guarantor, and eventually the creditor's right was fully repaid.

In the course of enforcement against the principal debtor and arbitration against the guarantor, with the efforts of all parties and DeHeng lawyers, the transaction of the third party receiving the creditor's rights of a bank was facilitated so that the debt of RMB 150 million was finally paid off. DeHeng lawyers' valuable, professional legal services were highly praised by the client.