In recent years, with the large increase in the number of enterprise bankruptcy cases, the instances of the legal representative or directors, supervisors and/or senior executives of a bankrupt enterprise (collectively, “senior officers”) being sued by the ...

(This article was first published on China Business Law Journal column "Banking & Finance", authorised reprint) The Second Civil Tribunal of the Supreme People’s Court released a draft for comment on the minutes of the National Court Work Conference...

The number of substantive consolidation bankruptcy cases of affiliated enterprises in mainland China has gradually increased since 2014. Substantive consolidation bankruptcy means disregarding the independent corporate personality of all affiliated members...

As the number of enterprise groups in China has increased, the phenomenon of affiliates jointly going into bankruptcy has also become more common.>This is mainly because, pursuant to the Minutes of the National Conference>In such a procedure, the interests of...

In The Reform Plans of Accelerating the Improvement of Market Entity Exit System, issued jointly by the National Development and Reform Commission and another 12 regulators>The Enterprise Bankruptcy Law currently in effect in China is applicable>Since the...

On August 26th, 2019, the Standing Committee of the National People’s Congress (the “SCNPC”) passed the revised Drug Administration Law (the “New Drug Law”), marking a new milestone of pharmaceutical administration in China. The New Drug Law will take...