By Lei Jiping, Li Shikai King & Wood Mallesons’ Dispute Resolution group
A Statute of Limitation defines the maximum time after an event in which proceedings may be initiated. Under the General Principles of the Civil Law of the People’s Republic of China (the “Principles”), this period is usually two years. However, Article 188 of the new General Provisions of the Civil Law of the People’s Republic of China (the “Provisions”) extends the limit to three years, starting from “the date when the right holder knows or should know of the infringement of rights and the obligor”.
Continue Reading How to Respond to the Change of Statute of Limitations in the General Provisions of the Civil Law