Prompt Payment of Amounts Subject to Enforcement! GZMC Efficiently Helped Business Address Difficulty

Updated:2023-02-20 Views:1389

Guangzhou XX Co. filed a lawsuit regarding the disputes over a wharf construction contract with Chen XX and Li XX in 2016, and the case was referred to Guangzhou Maritime Court (GZMC) in 2021. Years of lawsuits and the impact of the COVID-19 pandemic made the struggling company difficult to pay salaries to its staff. Upon receipt of the case, GZMC promptly commenced the trial process based on quick analyses and rendered a ruling.

In the enforcement stage, to enable the legitimate rights and interests of the parties concerned to be realized soon, Wu Zhaodong, who was in charge of the case, quickly adopted such enforcement measures as freezing bank accounts, seizing equipment and subjecting the parties to high-level consumption restrictions. He also actively communicated with the parties concerned and pushed ahead with the enforcement efficiently. The applicant for enforcement reduced or exempted part of the interest, while the persons subject to enforcement actively raised funds to pay off the debts. Thanks to the cooperation of all the parties, the amounts subject to enforcement were paid to the applicant's account by the Chinese New Year 2023. Therefore, the applicant was able to pay salaries to its employees before the festival and got out of the difficulty.

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GZMC's efficient trial and enforcement provided an opportunity for the company to survive and prevented it from going bankrupt. As a token of appreciation, the business presented a banner to GZMC. The banner reads: Enforce the Law Impartially, and Help the People Address Difficulty.