Brighteous lawyers have successfully dealt with a great number of major and complex finance and insurance cases which are of great social influence. Lawyer Hu Xiangfu has summed up his practical experience and published the book A Selection of Financial Cases by Lawyer Hu Xiangfu, which has won favorable appraisal in China. Our practice varies from litigations to the enforcement of judgments. We are proficient in devising for our clients the best solutions and we have reduced or avoided financial loss of several hundred million for our clients. Our services include:

• To advise on banking services such as loan and guarantee, etc.; and to deal with various cases on guarantee
• To advise on issues involving commercial instruments and securities and deal with relevant disputes
• To provide services on L/C
• To represent trust-related cases
• To advise on financing including project financing and trade financing
• To advise on avoiding financial crimes, or to deal with cases on financial crimes related to bank staff
• To advise on all kinds of property and personal insurances and deal with relevant disputes
• To provide retainer services for financial institutions including banks, insurance companies, securities company and trust companies

Working Experience

• Representing in the first case of the Chinese stock market
• Representing a bank in Jinhua in a loan dispute with the loan in the form of deposit involving over RMB 200 million and the loss mitigated was over RMB 150 million
• Representing Pudong Development Bank Hangzhou Branch against an insurance company in a dispute related to insurance for the repayment obligation under a letter of credit
• Representing a branch of the Industrial and Commercial Bank of China against a Shanghai company in a co-construction creditor’s right transfer dispute involving RMB 54 million
• Representing Pudong Development Bank Hangzhou Branch against a group company for ‘road right pledge’ debt dispute involving RMB 78 million
• Representing the Industrial and Commercial Bank of China in Zhejiang province in several deposit disputes
• Representing a Ningbo company in serial cases arising from illegal financing agency
• Representing a securities company against Guotaijunan securities company in a dispute arising from the honoring of the ‘Monkey King Bonds’
• Representing the Pan’an rural social pension fund against a Hangzhou bank in an commercial instrument dispute
• Representing the guarantor in a dispute brought by Brightever Bank against a Zhejiang group company involving USD 6.11 million
• Representing Huaxia Bank Hangzhou Branch against a state-owned bank in a compensation dispute for issuance of false assets assessment verification certification
• Co-representing in four contractual disputes for a company in Zhejiang against a bank in Hangzhou