News

DeHeng Represented in a Dispute Resolution Case,
Avoiding Losses of Several Millions of Yuan for the Client

2017-10-20


In a project fund settlement dispute between Chizhou Huichi Market Management Co., Ltd. ("Chizhou Huichi") and China Construction Sixth Engineering Division Co., Ltd., lawyer Yuan Jian and trainee lawyer Cui Yongjian of DeHeng (Hefei) Law Office secured the best interests for Chizhou Huichi through professional legal services, helped the client avoiding economic loss of several million yuan.

It is reported that in September 2014, China Construction Sixth Engineering Division Co., Ltd. signed an engineering construction contract with Chizhou Huichi. Later, Chizhou Huichi was sued to Chizhou Intermediate People's Court for its failure to timely pay the project fund due to the change of market circumstances. Lawyers Yuan Jian and Cui Yongjian were entrusted by Chizhou Huichi to handle to case. They explained and analyzed the case to the client in details, and communicated with China Construction Sixth Engineering Division Co., Ltd. for many times after conducting field investigation, review of settlement reports, study of the existing evidence and other methods, which resulted in a settlement intention by both parties before the court trial.

During the trial, the two parties finally reached an agreement under the administration of the judges and the efforts of acting lawyers. The plaintiff China Construction Sixth Engineering Division Co., Ltd. waived the overdue interest and agreed that the accused Chizhou Huichi pay off the debts in arrears before December 30, 2018.

With the assistance of lawyers Yuan Jian and Cui Yongjian, the dispute was resolved efficiently. This ensured the effective and safe flow of funds for Chizhou Huichi, recovered the economic losses for the client, and was highly recognized by both parties and the presiding judge.

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