Recent Developments in Bankruptcy Law in China provides an authoritative, insider's perspective on key strategies for representing and advising bankruptcy clients in China's current economic, political, and legal environment. Featuring partners from some of China's leading law firms, these experts guide the reader through recent changes in China's legal landscape, as they provide a brief history of Chinese bankruptcy law and discuss how filings have changed since the new Enterprise Bankruptcy Law. These top lawyers offer tips on understanding the similarities and differences in Chinese and U.S. bankruptcy law, including how the courts administer the laws, the types of bankruptcies filed, and how best to file involuntary bankruptcies. From understanding new reorganization practices to handling common legal issues for clients, these authors give advice on how to integrate new techniques into current bankruptcy strategies. Additionally, these leaders discuss the ambiguities of the Enterprise Bankruptcy Law and the lack of transparency in China's bankruptcy regime. 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 bankruptcy law in China's current legal climate.
Inside the Minds provides readers with proven business intelligence from C-Level executives and lawyers (Chairman, CEO, CFO, CMO, Partner) from the world's most respected companies and firms nationwide. Each chapter is comparable to an essay/thought leadership piece and is a future-oriented look at where an industry, profession, or topic is heading and the most important issues for the future. Each author has been selected based upon their experience and C-level standing within the professional community.
Chapters Include:
1. Gianluca D Agnolo, Managing Partner, Chiomenti Law Firm - "New Bankruptcy Strategies for Clients Doing Business in China"
2. David Kidd, Partner, and Kathleen Wong, Counsel, Allen & Overy LLP - "The PRC Bankruptcy Law: Market Advances versus Old Reflexes"
3. Deryck A. Palmer, Partner, Cadwalader, Wickersham & Taft LLP - "A Retrospective of the Enterprise Bankruptcy Law"
4. Richard C. Pedone, Partner, Nixon Peabody LLP and Henry H. Liu, Partner, DLA Piper LLP (U.S.) - "The Evolution of Chinese Bankruptcy Law: Challenges of a Growing Practice Area"
Appendices Include:
Appendix A: Text of Enterprise Bankruptcy Law
Appendix B: Guimei v. General Electric Co.
Appendix C: In re Ernst & Young, Inc.
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