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.
A summary of the guide can be downloaded above. To request a full copy of the guide please email Cheryl.Lee@HSF.com
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2021