Wilson’s Team from Zhong Lun Helped the Clientin Arbitration Proceedings
Wilson’s Team from Zhong Lun Helped the Clientin Arbitration Proceedings
Recently, a team led by Mr. Wilson Wei Huo has helped a major listed steel production and selling enterprise in the PRC to recover a large amount of cargo payment in a shortest time with ‘zero cost’ and without any formal legal proceedings initiated.
Our client has concluded an international sale contract of steel with a South Korean company, and the cargo under such contract has already been shipped to South Korea, yet our client was unable to get any payment. In terms of the strategy choice, after comparing advantages and disadvantages of the arbitration and litigation, the team turned to a strategy with the causation of tort litigation before a maritime court with competent jurisdiction. In the meantime of litigation preparation, the lawyers have negotiated with the ship carrier and other parties involved on behalf of the client. By the strategy, our client has obtained the full payment in a short period.
The team is led by Wilson from the firm’s Beijing headquarters supported by Ms. Yuan Zhang and Mr. Yuanjin Wei etc. By the right strategy choice, the team has successfully saved costs and time without going through legal proceedings and won a high degree of satisfaction and applause from the client. This serves to be a model to prove that right strategy choice will help the client greatly save costs as well as to protect their legal rights.