European University Institute Library

Corporate bankruptcy law in China, principles, limitations and options for reform, Natalie Mrockova

eng

Includes bibliographical references and index

illustrations

index present

non fiction

Corporate bankruptcy law in China

electronic resource

bibliographystandards specifications

1202729601

Natalie Mrockova

Bloomsbury eBooks.

principles, limitations and options for reform

"This fascinating study uses qualitative and quantitative data and insights from interviews with judges, lawyers, government officials, entrepreneurs, bankers, consultants, and academics in China and abroad, to provide a new perspective on the problems that have hindered the implementation of the Enterprise Bankruptcy Law in China, and recent attempts at reform. The analysis provides unique insights into China's business world and its interaction with the judicial and political system in China. In addition, the book also provides important information about how the Enterprise Bankruptcy Law affects foreign companies, agencies and governments that are active in China. The author draws on empirical data, decided cases and her experience of how the law and surrounding practices deal with foreign stakeholders whose interests are affected by corporate bankruptcy in China. The book will improve understanding of how China's corporate bankruptcy law has been used in practice, what has limited its practical effectiveness, whether it is desirable for the law to be used more readily in China, and the possible options for its reform"--, Provided by publisher

China's socio-economic, political, and legal environment -- Debt finance and enforcement in China -- Bankruptcy law in China -- Limited use of the Enterprise Bankruptcy Law 2006 and its causes -- The first constraint : creditors and debtors feel insufficiently protected under the EBL -- The second constraint : reduced recoveries under the EBL -- The third constraint : limitations and biases of EBL enforcers -- The fourth constraint : non-EBL debt enforcement mechanisms -- Desirability of reforming bankruptcy law in China -- Options for reform -- Recent reform initiatives 2015-20 -- The role of foreign parties in corporate bankruptcy cases in China

adolescent