ZhongYin Represents FOTIC on Collection through Litigation
Recently, the bidding agency of China Foreign Economy and Trade Trust Co., Ltd. (“FOTIC”) has released a short list. After layer-by-layer screening, the team led by Li Mai, an attorney of ZhongYin Law Firm won the bid and became the legal adviser of FOTIC for its collection through litigation.
FOTIC is one of the earliest trust companies established in China. It is a an important member of Sinochem Group, a Fortune Global 500 company, as well as one of the vice president units of the China Trustee Association. With a large AUM, FOTIC focuses on four business sectors, namely micro finance, industrial finance, capital market and wealth management, has extended its business operations across the country, and has maintained its leading position in brand influence and comprehensive business strength in the industry.
Attorney Li Mai is a member of the Trust Law Professional Committee of the Beijing Lawyers Association, his team has extensive experience in practicing trust law, has advised major domestic trust companies for long term, such as Huarong International Trust Co., Ltd., Sino-Australian International Trust Co., Ltd., China Minsheng Trust Co., Ltd., Chang'an International Trust Co., Ltd., and FOTIC, and is proficient in all kinds of litigation and non-litigation cases under the trust law. It also has an outstanding track records and rich experience in other financial areas such as banking, insurance, private equity fund, brokerage & asset management, and family’s financial management. It has represented large financial institutions such as China Development Bank and China Everbright Bank Company Limited on litigation and non-litigation matters. With a complete financial legal service system, it can provide clients with all-around and high-quality legal services.