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‚ no new admissible evidence relevant to the action is submitted prior to the rendering of the judgment<br />

by the courts of the Cayman Islands; and<br />

‚ there is due compliance with the correct procedures under the laws of the Cayman Islands.<br />

Grandall Legal Group has advised us that the PRC Civil Procedures Law contains provisions relating to<br />

recognition and enforcement of foreign judgments. PRC courts may recognize and enforce foreign judgments<br />

in accordance with the requirements of the PRC Civil Procedures Law based either on treaties between China<br />

and the country where the judgment is made or on reciprocity between China and such other jurisdiction.<br />

There is, however, no such treaty between China and the United States or between China and the Cayman<br />

Islands.<br />

130

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