Company: DDC
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001213900-25-066338
Chunk: 178

Company: DDC Enterprise Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 178
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 upon the civil liability provisions of the securities laws of the United States or any state
in the United States.

We have been advised by Travers
Thorp Alberga that although there is no statutory enforcement in the Cayman Islands of judgments obtained in the federal or state courts
of the United States (and the Cayman Islands are not a party to any treaties for the reciprocal enforcement or recognition of such judgments),
the Cayman Islands Grand Court will at common law enforce final and conclusive in personam judgments of state and/or federal courts of
the United States of America, or the Foreign Court, of a debt or definite sum of money against the Company (other than a sum of money
payable in respect of taxes or other charges of a like nature, a fine or other penalty (which may include a multiple damages judgment
in an anti-trust action) or where enforcement would be contrary to public policy). The Grand Court of the Cayman Islands will also at
common law enforce final and conclusive in personam judgments of the Foreign Court that are non-monetary against the Company, for example,
declaratory judgments ruling upon the true legal owner of shares in a Cayman Islands company. The Grand Court will exercise its discretion
in the enforcement of non-money judgments by having regard to the circumstances, such as considering whether the principles of comity
apply. To be treated as final and conclusive, any relevant judgment must be regarded as res judicata by the Foreign Court. A debt claim
on a foreign judgment must be brought within six years of the date of the judgment, and arrears of interest on a judgment debt cannot
be recovered after six years from the date on which the interest was due. The Cayman Islands courts are unlikely to enforce a judgment
obtained from the Foreign Court under civil liability provisions of U.S. federal securities law if such a judgment is found by the courts
of the Cayman Islands to give rise to obligations to make payments that are penal or punitive in nature. Such a determination has not
yet been made by the Grand Court of the Cayman Islands. A Cayman Islands court may stay enforcement proceedings if concurrent proceedings
are being brought elsewhere. A judgment entered in default of appearance by a defendant who has had notice of the Foreign Court’s
intention to proceed may be final and conclusive notwithstanding that the Foreign Court has power to set aside its own judgment and despite
the fact that it may be subject to an appeal the time-limit for which has not yet expired. The Grand