Practical issues related to the implementation of subrogation
A owed B money, but was unable to pay it back. B found that C owed A money, then he required C to repay the money directly to himself. This is a typical case of the implementation of subrogation. Article 535 of the “Civil Code” stipulates that, “where the obligor is remiss in exercising its claims or the accessory rights related to its claims, thereby affecting the realization of the matured claims of the obligee, the obligee may petition the People’s Court to exercise the rights of the obligor against the counterparty in subrogation in its own name, except that…