The enforcement stage is the stage where court’s judgments are enforced. Although the enforcement stage is explicitly regulated by law, in practice, numerous challenges arise that may affect the judgment creditor’s rights. In this article, TNTP will analyze the...
In the previous article, TNTP explored the topic: “Methods Used by Investors to Delay Debt Payments”. The article outlined common strategies being used by investors to prolong payment timelines. Building on this theme, TNTP explores the motives behind...
Over the past years, the issue of investors “Withhold payments” from contractors has become staggeringly common. In many cases, contractors’ payments have been delayed for months or even over a decade without any proper acceptance. This issue became so severe...
In the construction industry, delays in payment by the main contractor to the subcontractor are common and can have serious impacts on the subcontractor’s operation and finance. When faced such a situation, the subcontractor must take certain steps and develop...
In order to maintain a stable cash flow in business operations and minimize risks, businesses need to have an effective mechanism to control existing and potential future debts. In this article, TNTP lawyers will provide businesses with perspectives on the importance...
The methods of realizing mortgaged assets can be agreed upon by the parties when entering into the mortgage contract, or agreed upon when they need to realize the mortgaged assets. The agreement will be prioritised for application. Article 303 of the Civil Code 2015...
