First, case
A trading company in Shenzhen City sign timber sale contracts with a company inZambia, Zambia agreed company sold wood to a company in Shenzhen. Zambia'sshareholders agreed in this contract and head beam on the joint and several liability contracts, and contract agreement jurisdictional court for the Shenzhen Baoan district people's Court. Shenzhen company after paying the 60% deposit, Zambia isnot in accordance with the contract on the execution of the contract. Then requestthe cancellation of the contract of sale of the Shenzhen company to court, after double the return of the deposit and payment in return.
Second, case analysis and assessment
The key to international trade disputes:
1 a Court of competent jurisdiction
2. foreign nationals or who own property in city
Third, the trial results
1. lift the Shenzhen company and Zambia's contract
2. the accused Leung a plaintiff company repay the deposit in double xxx
3. the accused beams a payment in return of the Shenzhen company xxx
4. court costs borne by the beam.
Four, the relevant legal basis
Contract law of people's Republic of China articles 94, 97 and 115
Guarantee law of the people's Republic of China article 89, 91
The Supreme People's Court on several issues of evidence in civil proceedings article 2nd