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China's New Enterprise Bankruptcy Law

Context, Interpretation and Application

Haizheng Zhang author Yongqian Xu author Rebecca Parry editor

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:29th Jan '10

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China's New Enterprise Bankruptcy Law cover

This book offers a detailed examination of China's reformed bankruptcy legal framework, highlighting challenges and practical implications of the new law.

The introduction of the bankruptcy law marks a pivotal moment in China's economic evolution. This law establishes a cohesive and advanced framework, influenced by well-established insolvency systems from around the world. China's New Enterprise Bankruptcy Law delineates the reformed structure of bankruptcy law in China, providing insights into how this new framework operates within the context of the nation's legal landscape.

Despite its sophisticated design, the implementation of this law is not without challenges. The existing weaknesses in China's legal and social infrastructure could hinder its effectiveness. The book highlights these potential obstacles while offering a comprehensive overview of the new legal framework. It also discusses the implications of the law for businesses and creditors, emphasizing the need for a robust legal environment to support the bankruptcy process.

Authored by experts with deep knowledge of insolvency law, China's New Enterprise Bankruptcy Law serves as an essential resource for a diverse audience. It caters to academics, researchers, and practitioners engaged with Chinese business law. By analyzing key cases that have emerged since the law's enactment, the book provides valuable insights that will aid stakeholders in navigating the complexities of the reformed bankruptcy system.

'A timely volume considering China's development and its emerging market economy with a helpful exposition and analysis of the law in one place, for easy reference. The work contains substantial references to other sources which facilitates further reading and research and provides a thorough treatment of theoretical, substantive and procedural issues with useful introductory material.' Andrew Keay, University of Leeds, UK 'A methodical exposition of the modern law of Chinese insolvency, this text brings together expertise from academia and practice in order to provide a conceptual basis for the workings of the modern law as well as an incredibly detailed analysis of its provisions with additional information about the participants in the insolvency process.' Paul Omar, University of Sussex, UK 'The aim of China's New Enterprise Bankruptcy Law is to provide a comprehensive overview of this important new piece of legislation. ... To a large extent the authors have achieved this aim, with contributors that include legal scholars, practitioners, an accountant and a judge.' Australian Journal of Asian Law

ISBN: 9780754676379

Dimensions: unknown

Weight: 816g

372 pages