The creditors of the JV Company only have the right of recourse to the assets of the JV Company and shall not be entitled to claim for compensation, damages or other relief from a Party.

“合资公司”的债权人仅对“合资公司”的资产享有追索权，而无权向本《合同》任何一方要求补偿、损害赔偿或其它形式的救济。

youdao

But, they claim, many of those accounts were not properly insured, leaving them with no recourse when the bank went belly-up last year.

FORBES: The Pritzkers' Superior Headache