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Plaintiff bank signed the facility agreement and mortgage contract with Defendant Lianjiang. The mortgage contract covered 8 fishing ships owned by Lianjiang. As collaterals for the facility agreement, the bank concluded pledge, mortgage and guarantee contracts with Defendants Lianjiang, Changfu, Dongluodao and ZHANG. Under the facility agreement, the parties gave 30 cashflow loans to Lianjiang. Later, in order that Lianjiang could settle the principal and interest of the 30 cashflow loans, the bank signed a new cashflow loan agreement with and gave a new loan to Lianjiang, and meanwhile the bank signed updated security contracts with Defendants respectively.

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CMBC Fuzhou Branch v. Fujian Lianjiang Ocean Fishing Co., Ltd. et al.

  • 章节

  • 发表日期：

    2025年

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  • Martin Davies,
  • Jiang Lin

摘要

Plaintiff bank signed the facility agreement and mortgage contract with Defendant Lianjiang. The mortgage contract covered 8 fishing ships owned by Lianjiang. As collaterals for the facility agreement, the bank concluded pledge, mortgage and guarantee contracts with Defendants Lianjiang, Changfu, Dongluodao and ZHANG. Under the facility agreement, the parties gave 30 cashflow loans to Lianjiang. Later, in order that Lianjiang could settle the principal and interest of the 30 cashflow loans, the bank signed a new cashflow loan agreement with and gave a new loan to Lianjiang, and meanwhile the bank signed updated security contracts with Defendants respectively.