China's New Enterprise Bankruptcy Law

Context, Interpretation and Application

By: Yongqian Xu, Rebecca Parry (Editor), Haizheng Zhang

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Hardcover | 29 January 2010

At a Glance

Hardcover
372 Pages

Edition Type
New edition

Dimensions(cm)
23.39 x 15.6 x 2.24

Hardcover

RRP $305.00

$215.80

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China has recently entered a significant stage in its economic transition with the promulgation of a new bankruptcy law. The new law introduces a uniform and seemingly sophisticated regime, drawing inspiration from mature insolvency systems. However significant challenges are likely to be faced in the implementation of the new law, due to weaknesses in the legal and social infrastructure. This book presents a clear picture of the newly reformed Chinese bankruptcy legal structure. Written by Chinese experts with a professional interest and specialist knowledge of insolvency law, the volume systematically and comprehensively introduces the Chinese bankruptcy legal framework, including theoretical, substantive and procedural issues. In addition, it analyses the typical cases which have been or are being heard since the new bankruptcy law was implemented. The study provides an invaluable resource for academics and researchers with an interest in insolvency law, and Chinese business law. As a number of authors were directly involved in drafting and implementing the new legislation, the work will also serve as a useful guide for practitioners and professionals with interests in China.

Industry Reviews

'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

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