Legal Information

Firm news, insights on new laws, and frequently asked questions.

25 2026-9

Who should bear the losses of a futures account being forcibly liquidated?

The losses incurred by clients due to forced liquidation shall be borne by the clients themselves; the expanded losses caused by faults such as failure to notify and excessive forced liquidation shall be compensated by the futures company; the debts arising from the forced liquidation shall, in principle, be repaid, and the statute of limitations is three years.

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25 2026-9

What should I do if a private equity fund can't make payments?

For private equity funds that are overdue, first check the filing and the flow of funds. You can sue the manager for breach of contract and compensation, or report the case to recover the stolen funds. If the full repayment commitment clause is invalid, but the fault can be compensated, the statute of limitations for litigation is three years.

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25 2026-9

How can SMEs recover debts owed by their clients?

The five-step process for recovering overdue payments includes: verifying and documenting the account balance, sending a letter to interrupt the statute of limitations, negotiating repayment, issuing a payment order or filing a lawsuit with preservation of evidence, and applying for enforcement. The statute of limitations for litigation is three years, and it is advisable to initiate legal proceed...

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25 2026-9

How to choose a lawyer for commercial litigation representation?

Here's the translation of the Chinese sentence into English: 4 steps to choose a commercial litigation lawyer: check professional matching, solution-finding ability, preservation and enforcement resources, and fee standards; specify the stages and fees in the written power of attorney, compare the solutions of 2-3 lawyers before signing a contract, and be cautious of promises of guaranteed victor...

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25 2026-9

How can SMEs prevent contract risks?

There are five key steps for SMEs to prevent contract risks: verifying the subject of the contract, formulating contract terms, keeping proof of performance, managing accounts receivable, and resolving disputes early; Article 188 of the Civil Code stipulates a three-year statute of limitations, and contracts that violate public order and good customs are invalid from the outset.

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25 2026-9

Will I go to jail if I'm reported for commercial bribery?

Whether a person will be imprisoned for commercial bribery depends on the nature and amount of the bribe: receiving kickbacks or violating Article 163 of the Criminal Law, giving kickbacks or violating Article 164, and offering bribes involving Article 389; if the amount does not reach the criminal standard, they will be fined according to the Anti-Unfair Competition Law. If a person is reported, ...

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25 2026-9

For divorces involving real estate and company equity, which type of lawyer should one hire?

For divorces involving real estate and equity, it is advisable to choose a lawyer with a combined expertise in family law and corporate law: real estate is divided in accordance with Articles 1062, 1063, and 1087 of the Civil Code; equity is evaluated based on the registered capital and appreciation. It is necessary to prepare a property inventory first and then conduct an appraisal. It is also im...

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25 2026-9

How to report a case of contract fraud?

If you encounter contract fraud, you should report the case to the criminal investigation department of the public security organ at the crime scene as soon as possible, and prepare the contract, transfer records, communication records, and the other party's basic information. Whether it constitutes a crime or not depends on the purpose of illegal possession. Ordinary breaches of contract should b...

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25 2026-9

How can small and medium-sized enterprises protect their intellectual property rights?

The three-tier system for intellectual property protection of SMEs includes: timely confirmation of rights to patents, trademarks, and copyrights; confidentiality agreements and hierarchical authorization to control trade secrets; notarization and evidence collection after infringement, followed by negotiation, complaint, or litigation; and the right to claim punitive damages of one to five times ...

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25 2026-9

What services can family legal consultants typically provide in a year?

The annual services of family legal advisors include daily consultations, review of real estate contracts, marital property agreements, arrangements for inheritance through wills, review of education and study abroad contracts, and pre-dispute resolution; marital property agreements must be in writing, and handwritten wills must be signed with the date specified by the signer's own hand.

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25 2026-9

Is it necessary for individuals to hire legal advisors?

For individuals who have ongoing legal needs such as real estate, equity, marital property, or inheritance arrangements, consultants can provide continuous support in contract review, risk warning, and dispute prevention. For simple matters, clients can opt for one-time consultations. Before signing the contract, a clear written service list and response deadlines should be specified.

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25 2026-9

Who is responsible for the injuries sustained from falling off a bicycle due to potholes on the road?

If a cyclist is injured due to potholes on the road, the manager must bear responsibility if they cannot prove that they have fulfilled their obligations of cleaning, protection, and warning. If the injured party is at fault, the manager's responsibility will be reduced proportionally. It is necessary to report the accident to the police in time, take photos to fix the evidence, and claim for medi...

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25 2026-9

Are renovation workers primarily responsible for falling from buildings during construction work?

The liability of the homeowner for the worker's fall depends on the nature of the relationship: under Article 1193 of the Civil Code, the homeowner is generally not liable for compensation, and only if the homeowner is at fault in the selection and instruction of the worker will they share the liability; under Article 1192 of the Civil Code, the liability is shared based on fault, and signing a wr...

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