On 30 June 2020, the Liangjiang New District People's Court,
Chongqing ("the Court") handed down a judgment following
legal proceedings over the ownership of goods filed by the holder
of a Rail Bill of Lading ("Rail B/L"). The judgment ruled
that the goods belonged to the holder of the Rail B/L and found in
favour of the Rail B/L holder. This first Court judgment involving
a dispute over a Rail B/L has drawn much attention from legal,
business and financial circles at both a domestic and international
level.
Factual Background
1. Imsa (Chongqing) Trading Co., Ltd. ("Imsa ")
imported cars from Duren, Germany, and resold the cars in China.
The cars were transported via the China-Europe freight trains
(Chongqing).
