Best Practices for Bankruptcy Law in China

Download or read book Best Practices for Bankruptcy Law in China written by Xiaojun Hua and published by Aspatore Books. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Best Practices for Bankruptcy Law in China is an authoritative, insiders perspective on key strategies for representing distressed companies during bankruptcy proceedings in China. Featuring partners from some of Chinas leading law firms, these experts guide the reader through the various steps involved when handling a bankruptcy case, including conducting initial research, filing the bankruptcy petition, navigating the creditors meeting, and developing a plan for the disposal and distribution of assets. These top lawyers reveal their advice on communicating with government agencies, complying with documentation requirements, securing local alliances, and overcoming language barriers. From detailing the history of bankruptcy in China to identifying the elements driving change, these authors offer a comprehensive analysis of how the old bankruptcy laws compare with the new legislation. Additionally, this book discusses the differences between practicing bankruptcy law in China and practicing in Western nations, and forecasts what is in store for Chinas future when it comes to bankruptcies. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts around the keys to navigating this ever-evolving area of law in China.