In a credit contract dispute, Party A borrowed a sum of money from a Bank. To secure A’s loan, Parties B, C, D, and E provided guarantees using their separate land-use rights. A failed to fulfill the repayment obligation. The Bank filed a lawsuit requesting A to repay the loan, and if A fails to […]
For various reasons, a business may fail to execute a court judgment. According to Decision No. 01/2023/QĐ-CA of the High People’s Court in Da Nang dated June 12, 2023, on May 4, 2023, the Gia Lai Provincial People’s Court received a petition to initiate bankruptcy proceedings for Company L, requesting the court to initiate bankruptcy […]