New Guide To Restructuring And Insolvency In Mainland China.
Legal News & Analysis - Asia Pacific - China - Insolvency & Restructuring
3 September 2020
Restructuring and insolvency in China is evolving and investors must stay ahead of the latest developments.
Our new guide, The Basics of Restructuring and Insolvency Law in Mainland China, provides an essential roadmap for both investors and practitioners.
While offshore stakeholders have historically been cautious in engaging in onshore insolvency processes, recent developments demand a greater understanding of Mainland practice in this area.
Since 2016, over 100 dedicated bankruptcy courts have been established across Mainland China, including in Shenzhen, Beijing, Shanghai, Guangzhou, Tianjin, Wenzhou and Chongqing.
This coincides with closer cross-border collaboration between jurisdictions on insolvency matters, particularly between the Hong Kong SAR and Mainland China.
For further information, please contact:
Gareth Thomas, Partner, Herbert Smith Freehills