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6/27/2008 - JXD's lawyers successfully helped Bank of Communication Leasing take back the financing funds of RMB 58,000.000

In June 2008, JXD lawyers successfully took back the finance funds of RMB 58,000,000 on behalf of Bank of Communication Leasing, a subsidiary of Communication Bank Group in half a month. Bank of Communication Leasing was the only one of all creditors who was fully paid. Before litigation, the debtor Fei Yue Co,. Ltd. has got into a crisis of insolvency. Because of the coordination by the government of Zhejiang province, none of the courts in Zhejiang province heard the case against Fei Yue Co., Ltd. When JXD acted for this case, JXD designed to take legal action in Shanghai and completed preparation of the litigations documents in 8 hours and succeeded in filing this case and applying for preservation of property. Finally, Fei Yue Co., Ltd. was forced to pay off the financing funds of RMB 58,000,000 in one week. Bank of Communication Leasing highly appraised JXD鈥檚 lawyers for their legal services of high quality and high efficiency.

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