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This is confirmed through my recent work at Beijing Kangda Law Firm. Our client, however, stressed that it was a treatment of a non-performing loan , rather than a loan on its own. Since the securitization of the original loan reduced counterparty credit risk and meanwhile contributed to brought in future cash flow, the process was justified.

From our communications with the client, I realized that knowing how to interpret the law per se is not sufficient to apply enough for applying it to the complex real-life business business practices.

Although I am already admitted at Osgoode, I feel that my goals will be achieved more effectively with additional tools acquired through an MBA. Our client, however, stressed that it was a treatment of non-performing loan rather than a loan on its own. Since the securitization of the original loan reduced counterparty credit risk and meanwhile brought in future cash flow, the process was justified.

From our communications with the client, I realized that knowing how to interpret the law per se is not enough for applying it to the complex business practices in real life.

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